Coursework (1,000 words)

1 - Written assignment (including essay) - 30

Exam (2 hours)

2 - Written exam - 70

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The module centres on major concepts in macroeconomics: aggregate demand and supply management, economic growth, economic fluctuations and cycles, and the role for government intervention. Taking this core module, students will develop an understanding of the ways in which various factor affect economic stability and growth in closed and open economies and identify major policy issues arising from the interaction of different economic systems in the international context.
The module begins with an introduction to the basic concepts in macroeconomic analysis, such as aggregate demand, aggregate supply and GDP growth. It then proceeds to examine the interactions of demand and supply in aggregative economic systems, before analysing the dynamics of open economies. The aims of the module are two-fold: (1) to help you understand the method of aggregation in different economic contexts; and (2) to develop further your understanding of the connections between different economic, political and social factors in a range of economic contexts.

Feedback is provided in a number of ways throughout your module. This includes feedback you receive during teaching from both peers and lecturers and that provided for formative assessment. Following an assessment, you will be given your marks and feedback in line with the assessment regulations and policy. More information on the timing and type of feedback that will be provided for each assessment will be available from the module leader. <a href='https://www.citystgeorges.ac.uk/about/governance/policies/student-policies-and-regulations'>https://www.citystgeorges.ac.uk/about/governance/policies/student-policies-and-regulations</a>

This module will support the development of all the graduate attributes. Your module leader will provide you with information about how your learning, teaching and assessment activities support your development of these attributes. The graduate attributes are: - Always learning - Engaged in the world - Technical and digital - Connected Professional - Creating Impact

In-Person - 

Self-directed - 

Modern Macroeconomics: Its Origins, Development and Current State

Economics: The User’s Guide

pp. 57–78.

"The Keynesian Revolution." In Keynes: The Return of the Master

GDP: A Brief but Affectionate History

IP2060 - Understanding the Economy 2: Countries and Systems

IP2060-PRD1-PER-ALV1

Acquisition of knowledge and understanding is promoted through a combination of lectures and interactive classes with a strong emphasis on students' presentations and class exercises. This learning process is supported by the use of a wide range of information sources, from books and journal articles to online sources.

Understanding the Economy 2: Countries and Systems

Evaluate the role of European integration and its impact on the diversity and unity of European politics.

Knowledge

Develop independent research questions and devise strategies to answer them.

Skills

Identify the key differences and similarities in the political institutions and political behaviour of different European countries.

Establish connections between abstract theoretical arguments and empirical analysis.

Acknowledge and value diversity of opinion and ideas.

Values and attitudes

Demonstrate respect and acknowledge the work of others.

Demonstrate critical thinking, reflection and independent study.

Interpret current events in light of established institutions, trajectories of policy-making, and political traditions and practices in different European countries.

Analyse the relationship between political structures, such as institutions, and political outcomes, such as political behaviour and public policy.

Critically analyse institutional variation and its effects.

Explain the critical role of history and change for the emergence of differences and similarities in European politics.