Module Code - Title:
EC4034
-
MACROECONOMICS
Year Last Offered:
N/A
Hours Per Week:
Grading Type:
Prerequisite Modules:
Rationale and Purpose of the Module:
To introduce students to the basic workhorse models of macroeconomics. Macroeconomics is the study of how the decisions of individuals, families, firms and governments produce outcomes such as economic progress or stagnation, inflation or unemployment for the economy as a whole. This course is about understanding macroeconomics in the context of the questions the discipline asks itself: how can we understand inequality in society? What does it mean for an economy to 'grow'? Is such growth sustainable? This course will equip students with a framework for asking these questions.
Syllabus:
The module takes six main themes as the organising principle: inequality, progress & poverty, unemployment, macro policies, inflation & growth, and government.
Learning Outcomes:
Cognitive (Knowledge, Understanding, Application, Analysis, Evaluation, Synthesis)
Students will understand the basic workhorse models of macroeconomics; Students will analyse and evaluate economic policies in Ireland as a case study; Students will synthesize arguments for and against various policies to gain an understanding of the rhetoric of macroeconomic modelling.
Affective (Attitudes and Values)
Demonstrate an appreciation of the factors determining economic inequality in society. Display a professional commitment to ethical practice.
Psychomotor (Physical Skills)
N/A.
How the Module will be Taught and what will be the Learning Experiences of the Students:
Standard lecture format
Research Findings Incorporated in to the Syllabus (If Relevant):
Prime Texts:
Bowles, S. and Edwards, R., and E. Roosevelt (2006)
Understanding Capitalism: Command, Competition and
, Oxford University Press
Other Relevant Texts:
Programme(s) in which this Module is Offered:
Semester(s) Module is Offered:
Module Leader:
Mary.Wallace@ul.ie