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Home Specialist skills Policy Economics for Non-Economists: Intermediate Macroeconomics

Economics for Non-Economists: Intermediate Macroeconomics

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    Understand GDP, its components, its meaning, its limitations along with real and nominal variables, GDP vs. GNI, per capita or in levels
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    Know about the open economy: Savings, Investment, the balance of payments, the trade balance, the “savings glut”
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    Introduction to exchange rates
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    Learn about economic growth in the long run, convergence, the Kaldor facts, the key drivers of growth: innovation, investment, institutions, natural resources.
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    Know about the business cycle with measurement, predictability, co-movements, labor markets along with the importance of expectations

Overview

Off the shelf (OTS)

This course builds on the Introductory Economics for Non-Economists course. The purpose of this course is to review and analyse current macroeconomic issues and events, from the perspective of the interactions between the private sector and government policymakers. We focus in particular on the keys to economic growth, the determinants of business cycles, the role of fiscal and monetary policies, and the causes and consequences of the Great Recession of 2008.

Delivery method
Face to face icon

Face to face

Virtual icon

Virtual

Course duration
Duration icon

14 hours

Competency level
Foundation icon

Foundation

Pink building representing strand 4 of the campus map
Delivery method
  • face to face icon

    Face to face

  • Virtual icon

    Virtual

Course duration
Duration icon

14 hours

Competency level
  • Foundation icon

    Foundation