ECO-10029 - Introductory Macroeconomics
Coordinator: Dimitrios Syrrakos
Lecture Time: See Timetable...
Level: Level 4
Credits: 15
Study Hours: 150
School Office: 01782 733094

Programme/Approved Electives for 2023/24

None

Available as a Free Standing Elective

No

Co-requisites

None

Prerequisites

None

Barred Combinations

None


Description for 2023/24

The module develops the macroeconomic foundations that underpin Open Economy Macroeconomics and Dynamic Macroeconomics at levels 5 and 6 respectively. The set of these three units provides excellent training on current economic challenges and policies, vital for practitioners in Economics, Finance, Banking and a wide range of other professions such as statisticians and policy makers alike.

Aims
This module aims to introduce the key domestic macro-economic objectives namely growth, inflation, unemployment and exchange rate stability via analysis and applications with an emphasis on assessing the UK economy within its international context.

Talis Aspire Reading List
Any reading lists will be provided by the start of the course.
http://lists.lib.keele.ac.uk/modules/eco-10029/lists

Intended Learning Outcomes

Appreciate the role of macroeconomics in understanding current economic challenges: 1
Apply macroeconomic analysis to real world situations and critique policy: 1
Assess the role of institutions in setting fiscal and monetary policy: 1
Evaluate the effectiveness of contemporary economic theories: 1
Evaluate the UK macroeconomic performance in an international context: 1

Study hours

18 hours lectures
6 hours tutorials
124 hours independent study
2 hour multiple choice test

School Rules

The module has no prerequisites. In particular, we do not assume any prior knowledge of economics or mathematics beyond GCSE grade C.

Description of Module Assessment

1: Multiple Choice Questions - Knowledge weighted 100%
2 Hour Multiple Choice Test
The multiple-choice Exam consists of 40 multiple choice questions. The questions combine 'YES/NO' answers and 'choose one answer from the following four'. There is only one correct answer for each question. Students should answer all questions. All answers carry equal weight (2.5 percent) towards the final grade. All topics in the module are assessed in the Exam.