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Macroeconomics I

15 Credits

This course builds on the Level 4 Introduction to Economics course. The course is based on the textbook Macroeconomics (Oliver Blanchard and David Johnson).

Students become familiar with macroeconomic modelling in the short run, and long run and understand when it is appropriate to use which modelling technique. This course enhances the students’ ability to understand the determinants of key macroeconomic variables including output, inflation and unemployment.

Students’ technical skills are developed and they are expected to apply their knowledge to real-world policymaking.