| Code | ECO201 |
| School | EBSL |
| Module Level | 2 |
| Module Code | ECO201 |
| Class | GE|EL|MA|MI| |
| Availability | DE|SA| |
| Semester | 1 |
| Credits | 12 |
| ECTS Credits | 6 |
| Contact Hours | 48 |
| Self Study Hours | 72 |
| Course Aims | This module prepares students to think systematically about macro-economic performance and policy, so enabling them to evaluate the economic environment within which business and government decisions are made. Specifically it provides students with the tools to analyse and anticipate the impact of changes in government policy on the general business environment. It complements other business subjects, such as strategic analysis, in providing students with the tools to fully appreciate the shocks that may alter the economic environment and thereby affect business decisions. |
| Learning Outcomes | A6, A7, A8, B5, B6, C10 |
| Presentation | The teaching/learning strategy for this module has been designed to ensure that the programme level learning outcomes outlined above have been acquired. Each week there will be a lecture setting out the subject matter for the week. This will be supported by recommended reading. The following week's seminar (a double period) will go over this material, with an opportunity for students to seek clarification on any matters. In this seminar students will be expected to answer questions and participate in class activities based on the previous week's material. An additional period is provided weekly for tutorials, where students either in groups or individually will be given the opportunity to go over material in order to clarify and reinforce their understanding. |
| Reading Recommended | Froyen, R. (2004) Macroeconomics, 8th Edition, Prentice Hall
Bade, R & Parkin, M. (2006) Foundations of Macroeconomics, 3rd Edition, Prentice Hall
Case, K. & Fair, R. (2006) Principles of Macroeconomics, 8th Edition, Prentice Hall
Blanchard, O. (2005) Macroeconomics, 4th Edition, Prentice Hall
Gartner, M. (2006) Macroeconomics, 2nd Edition, Prentice Hall |
| Reading Required | Sloman, J. (2006) Economics, 6th Edition, Prentice Hall. |
| Asseseement Methods | Written Assignment (25% of marks)
In-Class Test (25% of marks)
End of Semester Examination (50% of marks) |