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ECON1001J

Academic Year 2021/2022

Principles of Macroeconomics (ECON1001J)

Subject:
Economics
College:
Social Sciences & Law
School:
Economics
Level:
1 (Introductory)
Credits:
5
Module Coordinator:
Dr Lucy Liu
Trimester:
Autumn
Mode of Delivery:
Online
Internship Module:
No
How will I be graded?
Letter grades

Curricular information is subject to change.

This module provides an introduction to macroeconomic principles. The topics covered are: national income accounting, economic growth, short-run determination of national income, money and banking, inflation, unemployment, exchanges rates and the open economy, fiscal and monetary policy. Prerequisite : This module is a prequisite for all students planning to take economics as a major at level 2 (second year). This includes (a) economics as a single subject major (b) economics as one of two subjects in a joint major programme (c) economics as a major in a major/minor combination. It is also a prequisite for ECON 2001 (Macroeconomics).
Note that no assumption is made that students have studied economics at high school.

About this Module

Learning Outcomes:

On completion of this module students should be able to: ·Develop their analytical skills through the application of macroeconomic theory to problems and case studies. ·Understand of the determinants of aggregate economic activity and the role of macroeconomic policy in stabilising the economy.

Student Effort Hours:
Student Effort Type Hours
Lectures

36
Total

36

Approaches to Teaching and Learning:
The module is based on lectures and tutorials with in-class problem sets to be prepared by students. The module focuses on reflective learning.

Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Not applicable to this module.
 

Assessment Strategy Invalid Option
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade In Module Component Repeat Offered
Continuous Assessment: Periodic assignments/quizzes and exams Throughout the Trimester n/a Alternative linear conversion grade scale 40% No
100
 No

Carry forward of passed components Invalid Option
No
 

Remediation Type Remediation Timing
In-Module Resit Prior to relevant Programme Exam Board
Please see Student Jargon Buster for more information about remediation types and timing. 

Feedback Strategy/Strategies

• Feedback individually to students, post-assessment

How will my Feedback be Delivered?

In case they need further explanations, students can ask for an oral (or email) individual feedback about their result on midterm (or final) exam.

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