Registry

Module Specifications

Current Academic Year 2012 - 2013
Please note that this information is subject to change.

Module Title	Macroeconomic Policy
Module Code	EF219
School	DCUBS
Online Module Resources
Module Co-ordinator	Semester 1: Siobhan McGovern Semester 2: Siobhan McGovern Autumn: Siobhan McGovern
NFQ level	8	Credit Rating	5
Pre-requisite	None
Co-requisite	None
Compatibles	None
Incompatibles	None

Description

This module enables students to analyse and evaluate macroeconomic concepts, theories and policymaking in real life contexts through the use of case studies.

Learning Outcomes

1. Describe macroeconomic variables such as GDP growth, inflation, unemployment and public debt
2. Analyse the transmission mechanisms that impact upon these variables in high, middle and low income economies
3. Summarise key macroeconomic theories that lie behind these transmissions mechanisms
4. Assess the circumstances in which theoretical outcomes are unlikely to previal in practice
5. Use these theories to analyse and critique macroeconomic policymaking in low, middle and high income economies

Workload	Full-time hours per semester
*Type*	*Hours*	*Description*
Lecture	24	Formal Lectures
Independent learning time	50	reading and synthesizing lecture materials
Assignment	51	Preparation and completion of take home examination
Total Workload: 125

All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml

Indicative Content and Learning Activities

The basics.
An overview of macroeconomic concepts, variables and ideas that will be used in the module.

The Market for Goods and Services.
Using aggregate demand and supply to analyse this market; the role of fiscal policy and its limitations.

The Market for Money.
Demand and supply of money; the role of the central bank; monetary policy in high, middle and low income economies.

The Labour Market.
Using demand and supply to analyse the operations and structures of labour markets internationally; the non-accelerating rate of inflation; anti-unemployment policies.

Public Debt.
Analysing the determinants of public debt; alternative measures of public debt; the concept of the automatic stabiliser; controlling the fiscal deficit in high, middle and low income economies.

Assessment Breakdown
Continuous Assessment	100%	Examination Weight	0%

Course Work Breakdown
Type	Description	% of total	Assessment Date
Open-book examination	This module is assessed by a take home, open book examination.	100%	Sem 1 End

Reassessment Requirement
Resit arrangements are explained by the following categories; 1 = A resit is available for all components of the module 2 = No resit is available for 100% continuous assessment module 3 = No resit is available for the continuous assessment component
This module is category 1

Indicative Reading List

Other Resources

None

Array

Programme or List of Programmes

EBF

BA in Global Business (France)

EBG

BA in Global Business (Germany)

EBS

BA in Global Business (Spain)

EBT