ULMS Electronic Module Catalogue |
The information contained in this module specification was correct at the time of publication but may be subject to change, either during the session because of unforeseen circumstances, or following review of the module at the end of the session. Queries about the module should be directed to the member of staff with responsibility for the module. |
Title | PRINCIPLES OF MACROECONOMICS | ||
Code | ECON123 | ||
Coordinator |
Dr S Mitra Economics Shalini.Mitra@liverpool.ac.uk |
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Year | CATS Level | Semester | CATS Value |
Session 2020-21 | Level 4 FHEQ | Second Semester | 15 |
Pre-requisites before taking this module (other modules and/or general educational/academic requirements): |
Modules for which this module is a pre-requisite: |
Programme(s) (including Year of Study) to which this module is available on a required basis: |
Programme(s) (including Year of Study) to which this module is available on an optional basis: |
Teaching Schedule |
Lectures | Seminars | Tutorials | Lab Practicals | Fieldwork Placement | Other | TOTAL | |
Study Hours |
12 24 12 |
48 | |||||
Timetable (if known) |
60 mins X 1 totaling 12
120 mins X 1 totaling 24 |
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Private Study | 104 | ||||||
TOTAL HOURS | 152 |
Assessment |
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EXAM | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Assessment 3: Written Unseen Examination Assessment Type: Written Exam Duration: 72 hours Weighting: 40% Reassessment Opportunity: Yes Penalty for Late Submission: Standard UoL Penalty App | 72 hours (2hours exp | 40 | ||||
CONTINUOUS | Duration | Timing (Semester) |
% of final mark |
Resit/resubmission opportunity |
Penalty for late submission |
Notes |
Assessment 1: Group Presentation and individual background Report Type: Coursework Duration/Size: 15 minute presentation and 1000 word background summary report Weighting: 40% Reassessment Op | 15 minute presentati | 40 | ||||
Assessment 2: Weekly Online Tests Assessment Type: Coursework Duration/Size: 9 x 30 minutes, 1 x 45 minutes Weighting: 20% Reassessment Opportunity: Yes Penalty for Late Submission: Non-st | 9x30 minutes, 1x45 m | 20 |
Aims |
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The aims of this module are: |
Learning Outcomes |
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(LO1) Explain the relationship between expenditures and national income and demonstrate how monetary and fiscal policies may be used to influence them |
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(LO2) Explain the behaviour of economic aggregates such as national income, inflation and unemployment over time |
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(LO3) Explain and assess government policy in a range of policy situations |
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(LO4) Explain the framework of national income accounting |
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(LO5) Use graphical and algebraic modelling to analyse the economy and economic policy |
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(LO6) Explain the interconnections between the markets for goods, money and labour |
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(LO7) Explain the principal influences on long-term growth and the short-run fluctuation in output around the long-run growth trend |
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(LO8) Locate, select and analyse information relevant to assessing the state of the economy and economic policy |
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(S1) Problem solving skills |
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(S2) Numeracy |
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(S3) Commercial awareness |
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(S4) Teamwork |
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(S5) Organisational skills |
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(S6) Communication skills |
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(S7) International awareness |
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(S8) Lifelong learning skills |
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(S9) Ethical awareness |
Teaching and Learning Strategies |
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Teaching Delivery: Mixed, hybrid delivery with social distancing on campus Costs Information: This module is a pre-requisite for the following modules: Skills/Other Attributes Mapping Skills / attributes: Ethical awareness Skills / attributes: Lifelong learning skills Skills / attributes: International awareness Skills / attributes: Communicati
on skills Skills / attributes: Organisational skills Skills / attributes: Teamwork Skills / attributes: Commercial awareness Skills / attributes: Numeracy Skills / attributes: Problem solving skills |
Syllabus |
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Introduction to the module |
Recommended Texts |
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Reading lists are managed at readinglists.liverpool.ac.uk. Click here to access the reading lists for this module. |