THE NATIONAL ECONOMY
This module introduces you to macroeconomics. You will develop basic models of the macroeconomy and be able to apply them to current problems and issues including the beaviour of aggregate consumption, inflation, investment and unemployment. You should be able to explain and analyse the effectiveness of different government policies used to influence the macroeconomy, and also develop a good knowledge of recent trends and developments in the UK economy. You should also be aware that the performance of the economy will influenced by international external events and membership of the European Union. You will be expected to be able to use statistical data used by economists and develop a critical approach to economic models and methods of enquiry.