Module ASB-3709:
Macroenconomics
Module Facts
Run by Bangor Business School - (Changsha)
10.000 Credits or 5.000 ECTS Credits
Semester 2
Organiser: Ms Wendy Ashurst
Overall aims and purpose
To familiarise students with the workings of the global economy. The focus is on analysing the behaviour of real world economies in the light of macroeconomic theory. Topics covered will include growth, business cycles and monetary and fiscal policy; stressing the role that each of these elements plays in determining the performance of the global economy.
Course content
Economic growth, physical and human capital, technological progress; Labour market, skills and unemployment; Business cycles, consumption and investment; Fiscal policy, public finances; Monetary policy, money and inflation; International macro, currencies and exchange rates.
Assessment Criteria
excellent
In addition to the above, the ability to illustrate and enhance arguments and analyses through the use of relevant supporting evidence drawn from the established literature.
threshold
A basic knowledge of course material.
good
In addition to the above, an ability to write analytically on specific issues.
Learning outcomes
-
Understand and explain the principles and motivation underlying government economic policy.
-
Analyse the determinants of the long run performance of various economies around the world.
-
Analyse the determinants of short run economic performance, or business cycles.
-
Analyse the determinants of inflation and unemployment.
-
Analyse the inter-linkages between various macro variables.
Assessment Methods
| Type | Name | Description | Weight |
|---|---|---|---|
| Final Examination 1.5 hours | 75.00 | ||
| Assignment | 25.00 |
Teaching and Learning Strategy
| Hours | ||
|---|---|---|
| Lecture | 20 | |
| Private study | 80 |
Transferable skills
- Exploring - Able to investigate, research and consider alternatives
- Information retrieval - Able to access different and multiple sources of information
- Critical analysis & Problem Solving - Able to deconstruct and analyse problems or complex situations. To find solutions to problems through analyses and exploration of all possibilities using appropriate methods, rescources and creativity.
Courses including this module
Compulsory in courses:
- N392: BSc Banking & Finance (Bangor College, China) year 3 (BSC/BFINBC)