Please note
This document only provides information for the academic year selected and does not form part of the student contract
School:
Huddersfield Business School
Credit Rating:
20
Level (including FHEQ):
I (FHEQ Level 5)
Graded or Non Graded:
Graded
Version Valid From:
2021-09-01
Module Leader:
Fikret Bilenkisi
Version Number
2023.03
Learning Methods
Lecture
Tutorial and Project Supervision
Guided Independent Study
Requirements
Recommended Prior Study
Synopsis
The main purpose of this module is to develop a deeper understanding of modern macroeconomics. It will develop your analytical and policymaking skills and enhance your ability to analyse the implications of macroeconomic issues for government, business, and financial decision-making.
Learning Strategy
Intermediate macroeconomics will be taught via lectures, directed reading and seminars. Lectures will be mainly used to transmit key information, while seminars will focus on re-enforcing the lecture material using problems sets and other activities. Students will be expected to complete problem sets as homework to ensure them have a … For more content click the Read More button below.
Outline Syllabus
GDP: measurement, implications, limitations, and potential alternatives.The causes and consequences of business cycles and the role of stabilisation policy.The output-inflation trade-off and the role of expectations.The key issues surrounding fiscal policy, including budget deficits, government debt, and their relationship with the macroeconomy over time.The key issues surrounding monetary policy, including … For more content click the Read More button below.
Learning Outcomes
On successful completion of this module students will
1.
Have comprehensive understanding of macroeconomic theory and key policy issues.
2.
Appreciate key theoretical and empirical research in macroeconomics.
3.
Be aware of the strengths and limitations of economic analysis for policy purposes.
4.
Understand different perspectives in macroeconomics and recognise how current ideas have been built on past experience.
5.
Identify and propose solutions in accordance with principles of ethics, sustainability and responsibility in Macroeconomics.
6.
Develop skills in independent learning and evaluation of macroeconomic issues.
7.
Use economic theory and evidence to evaluate past and present policies that have been used in macroeconomics.
8.
Explain the implications of macroeconomic policy on individual, business and financial decision making.
Formative Assessment
Assessment 1: Other
Summative Assessment
Assessment 1: In-Class Test
Assessment 2: In-Class Test
Assessment Criteria
The assessment criteria are as set out in the Huddersfield Business School Assessment Guidelines. The guidelines provide criteria for the assessment of both coursework’s and examinations.