Module overview
This module will equip students with the central concepts of macroeconomics, building on the foundations laid in ECON1XX4. Students will gain a clear understanding of the equilibrium behaviour of economies at the macro, that is national, level, using aggregate output or GDP as an outcome of interest. The module will distinguish between long run and short run macroeconomic behaviour, introduce student to theories of economic growth as well as of short run fluctuations. Throughout the module a focus is placed on the role of economic policy for macroeconomic outcomes and on understanding the patterns behind economic booms and busts and the effects of different fiscal and monetary policies.