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ECON10760

Academic Year 2024/2025

Macroeconomics for Business (ECON10760)

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

Curricular information is subject to change.

Macroeconomics is “big picture”economics. It looks at the economy as a whole and examines how it is performing. In this module, we introduce students to measuring the key macroeconomic variables such as GDP, inflation and unemployment. We explore what determines whether economies experience booms and recessions and the factors that influence unemployment and inflation. We also examine how the government should influence the economy via fiscal policy (decisions about public spending and taxation) and monetary policy (decisions about money creation and interest rates made by a central bank). We also look at longer term trends in living standards and the factors that drive these trends. No assumption is made that students have previously studied economics.

About this Module

Learning Outcomes:

On successful completion of this module, students should be able to understand the main problems facing governments and central banks in managing the economy and will be prepared for the more advanced analysis presented in subsequent modules.

Indicative Module Content:

Topics covered include:
Economic growth and living standards
Productivity
Recessions and expansions
Unemployment
Inflation
Economic interdependence among nations

Student Effort Hours:
Student Effort Type Hours
Autonomous Student Learning

80
Lectures

36
Total

116

Approaches to Teaching and Learning:
The course will be delivered through a series lectures which will also be available in video format. Students will also attend tutorials which will focus on problem solving.

Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Incompatibles:
ECON10010 - Principles of Microeconomics, ECON10020 - Principles of Macroeconomics, ECON10770 - Introduction to Economics


 

Assessment Strategy
Description Timing Component Scale Must Pass Component % of Final Grade In Module Component Repeat Offered
Exam (In-person): In person mcq exam Week 6, Week 7 Alternative linear conversion grade scale 40% No
35
 No
Exam (In-person): End of semester mcq exam End of trimester
Duration:
2 hr(s)
 Alternative linear conversion grade scale 40% No
65
 No

Carry forward of passed components
Yes
 

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

Feedback Strategy/Strategies

• Group/class feedback, post-assessment
• Online automated feedback

How will my Feedback be Delivered?

Any student who wishes feedback on his/her performance is welcome to meet me on a confidential basis during office hours.

Name Role
Dr Lucy Liu Lecturer / Co-Lecturer
Sam Deegan Tutor

Timetabling information is displayed only for guidance purposes, relates to the current Academic Year only and is subject to change.
Autumn Lecture Offering 1 Week(s) - 1, 2, 3, 4, 5, 6, 7, 9, 10, 11, 12 Thurs 15:00 - 16:50
Autumn Lecture Offering 1 Week(s) - 1, 2, 3, 4, 5, 6, 7, 9, 10, 11, 12 Tues 15:00 - 15:50
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