EC1B1      Half Unit
Macroeconomics I

This information is for the 2021/22 session.

Teacher responsible

Dr Antonio Mele 32L.1.22

Availability

This course is available on the BSc in Econometrics and Mathematical Economics and BSc in Economics. This course is not available as an outside option nor to General Course students.

Pre-requisites

Students must have completed Economics (EC1P1).

Course content

This course builds on the knowledge learned in EC1P1. You will learn why economic activity fluctuates over time (business cycles) and why long-term economic development differs across countries (economic growth). We will discuss how policy can affect short- and long-term outcomes. We will look at macroeconomic data and theories that can explain those data.

This course is accredited by the Chartered Institute of Management Accountants (CIMA) for the purpose of exemption from some professional examinations through the Accredited degree accelerated route. This course, in combination with EC1A1, exempts those who complete them from BA1 Fundamentals of Business Economics.

Teaching

20 hours of lectures and 9 hours of classes in the LT.

Formative coursework

There will be weekly assignments and feedback will be given on two.

Indicative reading

There is no set textbook for the course. Lecture material may occasionally be complemented by supplementary readings.

Students wishing to complement their study can consult, among others, the following textbooks:

  • S. Williamson, Macroeconomics, Pearson, 6th Global Edition.
  • G. Mankiw, Macroeconomics, Worth, 8th or more recent editions.
  • O. Blanchard, Macroeconomics, Pearson, 7th Global Edition.

Assessment

Exam (85%, duration: 2 hours) in the summer exam period.
Coursework (15%) in the LT.

Key facts

Department: Economics

Total students 2020/21: Unavailable

Average class size 2020/21: Unavailable

Capped 2020/21: No

Value: Half Unit

Guidelines for interpreting course guide information

Personal development skills

  • Self-management
  • Team working
  • Problem solving
  • Application of information skills
  • Communication
  • Application of numeracy skills
  • Specialist skills