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P11114(MACROECONOMICSFORBUSINESS)–Module2014-15SemesterModule GeorgeHylden,RoomAB250(Wednesday10.30-:DavidChiang,RoomAB268(Thursday8.30-:OtherTeachingStaff:NanaKufuor,RoomAB145(Tuesday14.00-:ZhiyongLi,RoomAB268(Thursday14.00-:Shouldyouhavequestionsaboutthelectures,please DavidChiang.Shouldyouhavequestionsabouttheseminars,pleaseaskyourseminartutor.CONTACTTIMECredits& 10credits,Level MethodofDeliveryFrequencyof 12x1.5-hourlecturesand3x1.5-hour One1.5-hourexaminationcomprisingmultiplechoicequestionsandanModuleThemoduleseekstoprovidestudentswithasoundunderstandingofthetheoriesandpracticeofmacroeconomicbehaviourand .Macroeconomicbehaviourcesemphasisoneconomicstability(employment,thegeneralpricelevelandthebalanceofpayments),economicgrowthandthedistributione.Macroeconomic focusesonfullemployment,lowinflation,currentaccountsustainability,highgrowthandareasonablyequaldistribution easthemajorgoalsandon ,mandregulationastheinstrumentsforachievingtheseSummaryofThemoduleintroducesstudentstothenatureandscopeofmacroeconomicbehaviourand .Itdevelopstheyticalframeworksneededtodesign,yseandevaluatemacroeconomicpoliciesaimedatachievingmacroeconomicobjectives.Themoduleenablesstudentstounderstandtheeconomicargumentsthatunderliedifferentviewsandtoevaluatepopulararguments.Itsupplementstheorywithysisoftheglobal Macroeconomics;AggregateDemand;AggregateSupply;Unemployment;Inflation;BalanceofPayments;ExchangeRates;Fiscal ;Mary ;Regulatory KnowledgeandThemoduledevelopsknowledgeandunderstandingThemainfactorsinfluencingeconomicgrowth,employment,thegeneralpricelevel,thebalanceofpaymentsandthedistributionof Thegoalsof and samongthese; instrumentsforpursuingmacroeconomic lectualThemoduleThecognitiveskillsof ysis,synthesisandcriticalevaluation, ludingtheabilitytoidentifyexplicitandimplicitassumptions,toevaluateevidence,todetectfalselogicorreasoning,todefinetermsclearlyandtogeneraliseappropria ProfessionalpracticalThemoduleTheabilitytoconductresearchintomacroeconomicissues,eitherindividuallyorasamemberofa ludingafamiliaritywitharangeofeconomicdata,researchresourcesandresearchTransferable(key)ThemoduleEffectiveoralandwrittencommunicationskillsinarangeoftraditionalandelectronicmedia;Effectiveself-managementintermsoftimeand nningandThemoduleconsistsof12x1.5-hourlecturesand3x1.5-hourseminars.Thelecturesprovidethecorematerialforthemodule.Theseminarsprovideopportunitiestoexamineseveralimportantissuesinmoredetail.Attendanceiscompulsoryforlecturesandseminars.Assessmentisintheformofa1.5-hourend-of-semesterexamination.Theexaminationpapercomprisestwosections.SectionAcontains25multiple-choicequestionsandcarries40percentofthetotalmark.Inthissection,1.6marksareawardedforacorrectanswer,0.8markisdeductedforanorrectanswerandzeromarkisawardedifnoanswerisprovided.SectionBoffersthreeessay-typequestionsandcarries60percentofthetotalmark.StudentsmustansweronequestionfromSectionB.TimeA10-creditmodulenormallytakesabout100hoursofstudenteffort.Forthismodule,thefollowingbreakdownofhoursissuggested: Lecture Seminar Readingand 2Week1(15-19September)AreasofeconomicbehaviourGoalsandinstrumentsofeconomicMeasuresofgrossdomesticproductThecircularfloweMQW:ChapterBW:Chapter9SW:Chapters1,16andBFD:Chapters19andS:ChapterMM:ChapterP:ChapterWeek2(22-26September)EconomicGlobalThedeterminantsofeconomicThemarketforloanablefundsinaclosedTheconvergencemodelofgrowthanditsapplicationMQW:Chapters25andBW:Chapter BFD:Chapter MM:Chapter P:ChapterSW:Chapter S:ChapterWeek3(6-10October)EconomicResourceconstraintsoneconomicThelow-demandgrowthMQW:ChapterBW:Chapter BFD:Chapter MM:Chapter P:ChapterSW:Chapter S:ChapterWeek4(13-17October)GlobalKeylabourmarketThenaturalrateofTechnologicalMQW:ChapterBFD:Chapter MM:Chapter S:Chapter3Week5(20-24October)TheGeneralPriceGlobalMeasuresof tytheoryofThecostsandbenefitsofThePhillipsMQW:Chapters29andBW:Chapter BFD:Chapter MM:Chapter P:ChapterSW:Chapter S:ChapterWeek6(27October-31October)TheOpenGlobalTheexternalExchangeThemarketforloanablefundsinanopenThemarketforforeigncurrencyMQW:Chapters31andBW:Chapter BFD:Chapters28and MM:Chapter P:ChapterSW:Chapters24and S:Chapters25andWeek7(3–7November)Short-RunEconomicHistoryofeconomicThelong-rundemandThelong-runsupplyTheshort-runsupplyTheadjustmentMQW:ChapterBW:Chapter BFD:Chapters20and MM:Chapter P:ChapterSW:Chapter S:Chapters18andWeek8(10-14 eGlobalMeasures eCausesofTechnologicalchange eMeasurestoreduceMQW:Chapter4Week9,Lecture(17-21November) GlobalThesupplyofThedemandforAdjustmentMQW:ChapterBW:Chapter BFD:Chapters22and MM:Chapter P:ChapterSW:Chapter S:Chapters21andWeek10(24-28November)GlobalFiscal aryandMQW:Chapters12andMM:Chapter P:Chapter SW:Chapter S:ChapterWeek11(1-5December)SpecialTargetsof aryandExecutionof –rulesvs.RadicalMQW:ChapterWeek12(8-12December)ReviewREADINGMATERIALSThemaintextbookforthemoduleMankiw,N.G.,Quah,E.,andWilson,P.(2008).Pr iplesofEconomics.AnAsianEdition.CengageLearningAsiaP

Lecturesalsodraw,amongstothers,onthefollowingsupplementaryBegg,D.,andWard,D.(2007).EconomicsforBusiness.McGraw-Hill(2nded.). Begg,D., ,S.,andDornbusch,R.(2008).Economics.McGraw-Hill(9thed.). Mankiw,N.G.(2007).Macroeconomics.WorthPublishers(6th Parkin,M.(2010).Economics.PearsonEducationLimited(9th 5Sloman,J.,andWride,A.(2009).Economics.PearsonEducationLimited(7th Stone,G.(2008).CoreEconomics.Worth Note:EarlierandmorerecentversionsofsomebooksmaybeavailableinthelibraryandcanalsobeThecoverageofMacroeconomicsforBusinessitensive.Inordertobeabletofollowthecoursestudentsareadvisedtoreadthemaintextbookchaptersbeforethelectures.Supplementaryreadingaboveandbeyondthereadinglistprovidedaboveishighlydesirable.AccesstoTeachingCopiesofthis andallotherhandoutsareavailableonMoodle.Itis mendedthatyoumonitorMoodleregularlyforanyannouncementsandup-to-dateinformation.N.B.Ifyouwouldlikea ofthisorsubsequent sin ternativeformat,orhaveotherconcernsaroundissuesofaccess/disabilitypleasecontacttheModuleConvenor.UniversityofSeptember62014-15:GeorgeHylden,AB250(10.3012.30) DavidJiang,AB268(8.3010.20) 其他教学人员:NanaKufuor,AB145室(星期二14.00-16.00)电子邮件:Nana.Kufuor@ AB268室(星期四14.00-16.00) 概述学习目标联系时间评估时间要求讲座阅读材料概述学分和级别:10学分,级别1先决条件:无附带条件:无授课方式和上课频率:12x1.5小时讲座和3x1.5小时研讨会学期:秋季评估:一次1.5小时考试,包括多项选择题和一篇 内容该模块向学生介绍宏观经济行为和政策的性质和范围。它开发了设计、分析和评估旨在智力技能该模块培养:12x1.53x1.5总分的40%。在本节中,回答正确得1.6分,回答错误扣0.8分,不回答得零分。B部分提供 类型的问题,占总分的60%。学生必须回答B部分中的一个问题。101001(91519)(GDP)MQW23BW:9BFD1932MM:1P1SW1、1623S152(92226)闭经济中的可贷资金市场增长趋同模型及其在中国的应用教材:MQW:第25章和第26章BW:12B

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