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ECO1020 : Introductory Macroeconomics

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


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

Teaching Activities
Category Activity Number Length Student Hours Comment
Scheduled Learning And Teaching ActivitiesLecture151:0015:00N/A
Guided Independent StudyAssessment preparation and completion132:0032:00N/A
Guided Independent StudyDirected research and reading125:0025:00N/A
Scheduled Learning And Teaching ActivitiesSmall group teaching31:003:00N/A
Guided Independent StudyIndependent study125:0025:00N/A
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

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

Description Length Semester When Set Percentage Comment
Written Examination902A100Exam 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