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ECON10020

Academic Year 2024/2025

Principles of Macroeconomics (ECON10020)

Subject:
Economics
College:
Social Sciences & Law
School:
Economics
Level:
1 (Introductory)
Credits:
5
Module Coordinator:
Dr Alan de Bromhead
Trimester:
Spring
Mode of Delivery:
On Campus
Internship Module:
No
How will I be graded?
Letter grades

Curricular information is subject to change.

This module will introduce students to some basic principles that economists use to understand the macroeconomy. In doing so we will address questions such as how economists measure aspects of the economy like GDP and inflation, as well as how they understand recessions and the role of government policy in managing the macroeconomy. Using the CORE The Economy curriculum, this module will employ economic theory, empirical evidence and informed debate to understand the nature of these questions and how we can begin to answer them.

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.

Indicative Module Content:

1. The Capitalist Revolution
2. Technology, Population and Growth
3. The Labour Market
4. Banks, Money and the Credit Market
5. Economic Fluctuations and Unemployment
6. Unemployment and Fiscal Policy
7. Inflation, Unemployment and Monetary Policy

Student Effort Hours:
Student Effort Type Hours
Lectures

24
Tutorial

5
Autonomous Student Learning

80
Total

109

Approaches to Teaching and Learning:
Lectures, enquiry & problem-based learning.

Note: While generative AI has the potential to be used as educational tool, its use does not fit with the assessments for this module. The use of generative AI tools in this module is therefore not permitted.

Requirements, Exclusions and Recommendations
Learning Requirements:

Students are expected to have taken ECON10770 Introduction to Economics prior to taking this module.


Module Requisites and Incompatibles
Incompatibles:
ECON1001J - Principles of Macroeconomics, ECON10760 - Macroeconomics for Business

Equivalents:
Principles of Macroeconomics (ECON1902)


 

Assessment Strategy
Description Timing Component Scale Must Pass Component % of Final Grade In Module Component Repeat Offered
Quizzes/Short Exercises: Brightspace MCQ quiz Week 7 Alternative linear conversion grade scale 40% No
25
 No
Exam (In-person): Final MCQ quiz End of trimester
Duration:
2 hr(s)
 Alternative linear conversion grade scale 40% No
60
 No
Quizzes/Short Exercises: Short Brightspace MCQ quizzes during semester Week 3, Week 5, Week 7, Week 9, Week 11 Alternative linear conversion grade scale 40% No
15
 No

Carry forward of passed components
No
 

Resit In Terminal Exam
Summer No
Please see Student Jargon Buster for more information about remediation types and timing. 

Feedback Strategy/Strategies

• Online automated feedback
• Self-assessment activities

How will my Feedback be Delivered?

Feedback on MCQ online quizzes, self-assessment on tutorial assignments

Name Role
Dr Lucy Liu Lecturer / Co-Lecturer
Dr Ivan Pastine Lecturer / Co-Lecturer
Mr Gavin Cassells Tutor
Hayk Tarverdyan Tutor
Bin Zhang Tutor

Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
Spring Lecture Offering 1 Week(s) - 20, 21, 22, 23, 24, 25, 26, 30, 31, 32, 33 Fri 10:00 - 10:50
Spring Lecture Offering 1 Week(s) - 20, 21, 22, 23, 24, 25, 26, 29, 30, 31, 32, 33 Tues 17:00 - 17:50
Spring Tutorial Offering 1 Week(s) - 21, 23, 25, 29, 31 Tues 13:00 - 13:50
Spring Tutorial Offering 2 Week(s) - 21, 23, 25, 29, 31 Wed 15:00 - 15:50
Spring Tutorial Offering 3 Week(s) - 22, 24, 26, 30, 32 Tues 13:00 - 13:50
Spring Tutorial Offering 6 Week(s) - 22, 24, 26, 30, 32 Tues 14:00 - 14:50
Spring Tutorial Offering 7 Week(s) - 21, 23, 25, 29, 31 Tues 14:00 - 14:50
Spring Tutorial Offering 8 Week(s) - 21, 23, 25, 29, 31 Wed 12:00 - 12:50
Spring Tutorial Offering 9 Week(s) - 21, 23, 25, 29, 31 Wed 14:00 - 14:50
Spring Tutorial Offering 11 Week(s) - 22, 24, 26, 30, 32 Wed 12:00 - 12:50
Spring Tutorial Offering 14 Week(s) - 21, 23, 25, 29, 31 Wed 13:00 - 13:50
Spring Tutorial Offering 15 Week(s) - 22, 24, 26, 30, 32 Wed 13:00 - 13:50
Spring Tutorial Offering 20 Week(s) - 22, 24, 26, 30, 32 Wed 14:00 - 14:50
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