INTRODUCTION TO MACROECONOMICS AND TO QUANTITATIVE METHODS
- Module code: EC103
- Credits: 7.5
- Semester: 2
- Department: ECONOMICS
- Coordinator: Dr Irene Mosca (ECONOMICS), Dr Olive Sweetman (ECONOMICS)
The first part of the module addresses economic issues at an aggregate level. Emphasis is placed on the measurement of living standards, economic growth, inflation and unemployment. Topics covered include the causes and consequences of fluctuations in economic activity, the role of monetary and fiscal policy. The second part of the module aims to develop mastery of basic quantitative techniques and how to apply these techniques to problems of an economic nature. Topic covered include linear and non-linear functions, simultaneous equations, calculus and optimisation.
On successful completion of the module, students should be able to:
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