Course overview
Macroeconomics is concerned with the behaviour of the economy as a whole. In particular it addresses the big issues which affect us on a day to day basis. As macroeconomists we want to know why some countries grow more quickly than others, why some experience high rates of unemployment and why all countries experience recessions and booms. Furthermore, we want to know if government policy can have an impact on these factors. The aim of this course is to provide these tools that allow for and give a deeper understanding of these issues.
Course learning outcomes
- Relate basic macroeconomic theory and principles to current macroeconomic issues.
- Apply basic macroeconomic theory to analyse macroeconomic policies.
- Understand the use and some limitations of economic models used by economists.
- Present an argument by applying theoretical concepts that economists use in their deliberations.