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Principles of Macroeconomics

Key Information

Module code
ISSU1030
Taught during
Session 2
Module leader
Dr Nalini Vittal
Pre-requisites
GPA of around 3.3/4.0 (US) or equivalent
Assessment method
10-minute presentation and Q&A (25%), 1,200-1,500 word essay on a set topic (25%), class report on local visit and other findings (10%), in-class test (40%)
Download syllabus (PDF)

Module overview

This module will introduce students to the structure and workings of modern economic activity, focusing on models of production, use, organisation and distribution.

Students will identify influences in national economies, as well as the international economy, and consider the role of government policy. Students will learn different perspectives in macroeconomics and the value of models in interpretation and prediction. Problems will be discussed in groups to enable participatory learning and students will apply macroeconomic theory to debate issues in the real world.

Learning outcomes

Upon successful completion of this module, students will:

  • Be familiar with major macroeconomic terms and concepts
  • Understand the parts of the macroeconomy and how they work and relate to each other
  • Be able to identify the role of policy and its strengths and limitations
  • Understand macroeconomic processes in the real world
  • Be able to select a problem to analyse and discuss it orally and in writing.

Module prerequisites

This is a level one module (equivalent to first year undergraduate). Students must have completed one year of undergraduate study. No prior subject knowledge is required for this module, but students are expected to have a keen interest in the area.

Module hours

Classes (usually three or four hours per day) take place on the Bloomsbury campus from Monday to Friday any time between 9am and 6pm.

Assessment

  • 10-minute presentation and Q&A (25%)
  • 1,500-word essay on a set topic (25%), class report on local visit and other findings (10%)
  • In-class test (40%)

Module leader

Dr Nalini Vittal has taught Economics at UCL for a number of years. She was trained in India and the UK, and has taught in Cambodia, India, and Kazakhstan. Her main interest is in economic development.

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