ECF1710

Macroeconomics

Objectives On completion of this subjects students should understand and evaluate the importance of factors that determine aggregate output, employment, interest rates, the average price level and the exchange rate. Students should also appreciate the influence of these factors on decision-making in government, business and international trade.

Synopsis Topics include aggregate demand and aggregate supply; fiscal and monetary policy; unemployment, inflation and the current account deficit.

Back to the 1999 Distance Education Handbook