Tuesday, December 18, 2012

Mcro

N11114 Macro sparings for Business Dr. Simona Mateut simona.mateut@nottingham.ac.uk Room C76a Business School North Building say-so hours: Mondays 10-12 Module delivery Lectures -1 hour lecture weekly Seminars - two 1 hour seminars - sign up on nexus Seminars are knowing to Help you abbreviate a deeper understanding of the subject. Give feedback on how to perform well in interrogations. Attendance at lectures and tutorials is compulsory. 2 Recommended textbooks: Sloman, J. (2007). Essentials of Economics, quaternate edition, Prentice Hall Sloman, J. and Garratt, D. (2009). Essentials of Economics, 5th edition, Prentice Hall Mankiw, N.G. and Taylor, M. (2008). Economics. London, Thomson Learning 3 conceptualisation: Study relevant chapters of textbook and other suggested readings. Prepare in advance questions to be addressed to your tutor. Always prepare create verbally answers. Assessment: Two hour written exam. Mock exam paper will be posted on Nexus soon. 4 Topics: matter Economy Money and Interest Rates Unemployment and inflation Macroeconomic Policy Balance of Payments and Exchange Rates 5 Topic 1. The National Economy Sloman 7.2, 7.4, 7.5, 7.6 Sloman and Garratt 8, 9.
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1 Mankiw and Taylor 33, 34 6 Macroeconomic Objectives Macroeconomics is concerned with the analysis of the economy as a whole. We still examine demand and supply but at the economy level, i.e. aggregate demand and supply. The major macroeconomic issues economic growth unemployment inflation balance of payments and exchange rates => consequential to understand the relationship between the macroeconomic objectives 7 1. The circular range of income There is a continuous circular flow of payments from firms to individuals (wages and salaries, dividends, care and rent) and from individuals to firms (payments for goods and services). Firms Factor payments Consumption of domestically produced goods and services (Cd) Households If... If you want to get a full essay, order it on our website: Orderessay

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