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Module

ECO1020 : Introductory Macroeconomics

  • Offered for Year: 2020/21
  • Module Leader(s): Dr Marco Lorusso
  • Demonstrator: Dr Riikka Savolainen
  • Owning School: Newcastle University Business School
  • Teaching Location: Newcastle City Campus
Semesters
Semester 2 Credit Value: 10
ECTS Credits: 5.0

Aims

To introduce basic concepts in macroeconomics to students not progressing to study degree in economics.

Outline Of Syllabus

Aggregate demand and supply; Money and interest rates; inflation and unemployment;
Open economy; Business Cycles

Teaching Methods

Please note that module leaders are reviewing the module teaching and assessment methods for Semester 2 modules, in light of the Covid-19 restrictions. There may also be a few further changes to Semester 1 modules. Final information will be available by the end of August 2020 in for Semester 1 modules and the end of October 2020 for Semester 2 modules.

Teaching Activities
Category Activity Number Length Student Hours Comment
Structured Guided LearningLecture materials92:0018:00N/A
Guided Independent StudyAssessment preparation and completion115:0015:00N/A
Structured Guided LearningAcademic skills activities101:0010:00N/A
Scheduled Learning And Teaching ActivitiesSmall group teaching31:003:00Seminars
Scheduled Learning And Teaching ActivitiesWorkshops21:002:00Introduction lecture + Q&A
Scheduled Learning And Teaching ActivitiesDrop-in/surgery80:304:00N/A
Guided Independent StudyIndependent study148:0048:00N/A
Total100:00
Jointly Taught With
Code Title
ECO1017Introductory Economics
ECO1090Introductory Economics (Study Abroad S2)
Teaching Rationale And Relationship

Lectures provide overview. Small group classes support learning through exercises and opportunity for discussion.

Assessment Methods

Please note that module leaders are reviewing the module teaching and assessment methods for Semester 2 modules, in light of the Covid-19 restrictions. There may also be a few further changes to Semester 1 modules. Final information will be available by the end of August 2020 in for Semester 1 modules and the end of October 2020 for Semester 2 modules.

The format of resits will be determined by the Board of Examiners

Exams
Description Length Semester When Set Percentage Comment
Written Examination992A10024 hr take home exam. Exam includes; multiple choice questions and short answer questions.
Exam Pairings
Module Code Module Title Semester Comment
ECO1017Introductory Economics2The exam contains the second half of the ECO1017 exam.
LEC1017Introductory Economics2N/A
Formative Assessments
Description Semester When Set Comment
Prob solv exercises2MIn one seminar students will discuss a planned answer to a past exam question
Assessment Rationale And Relationship

Multiple choice questions test breadth of knowledge.
Short answers show depth over a range of topics.

Reading Lists

Timetable