Level of study Second Year
Credit value 10
Pre-requisite modules None
Other pre-requisites Co-requisite - Macroeconomics B - 03338
This module considers theories of behaviour of the aggregate economy. The main purpose of the module is to provide theoretical foundations for the study of macroeconomics in the short and long run and to equip students with the basic tools of macroeconomic analysis. The topics covered include: IS/LM and AD/AS in closed and open economies, inflation, growth, fiscal policy and theories of consumption and investment. Issues arising from modern behavioural macroeconomics are also discussed.
Teaching and learning methods
2 x lectures per week,1 x class per fortnight