Courses / Module

• Explain key concepts relating to macroeconomic phenomena such as business cycle fluctuations, monetary and fiscal policies, inflation and unemployment, and long-term economic growth
• Demonstrate an understanding of the distinction between real and nominal macroeconomic variables and its importance in macroeconomic analysis
• Differentiate between the short, the medium and the long run time frames in macroeconomic analysis
• Identify the conditions required for macroeconomic equilibrium in the short and medium run
• Demonstrate how macroeconomic equilibrium is restored following a shock
• Evaluate the effects of monetary and fiscal policies on output, the interest rate and the price level
• Explain the principal determinants of long run economic growth and, in particular, the respective roles of capital accumulation and technological progress

• Module Graded (numeric value) or Ungraded (Pass/Not Passed): Graded

• Pass standard: 40%
• Could the result of this module be capped? No
• Penalties: No late assignment will be graded. Please consult the relevant year handbook for details of deadlines and penalties.

• University scheduled written examination (Autumn): 90 minutes

• EC102 or equivalent.

For a full timetable search, go to NUIM Timetable. Venue locations can be found here.