Macroeconomics
Mr Ross Guest
6 points
* Distance
* Second semester
Objectives On completion of this subject 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.
Assessment Assignment: 25%
* Examination (2 hours): 75%
*
Students must pass the exam in order to pass the subject. The final mark that a
student receives for the subject will be determined by the subject leader
taking into account all aspects of assessment.
Prescribed texts
McTaggart D and others Macroeconomics Addison-Wesley, 1995
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