MN10079: The UK macroeconomic environment
[Page last updated: 05 August 2021]
Academic Year: | 2021/2 |
Owning Department/School: | School of Management |
Credits: | 6 [equivalent to 12 CATS credits] |
Notional Study Hours: | 120 |
Level: | Certificate (FHEQ level 4) |
Period: |
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Assessment Summary: | EX 100% |
Assessment Detail: |
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Supplementary Assessment: |
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Requisites: |
Before taking this module you must take MN10070
This unit is not available to visiting/exchange students. |
Aims: | This course aims to develop students' understanding of the economic and industrial environment of the UK since World War II. Students will apply the lessons learned as they analyse current events. This unit also aims to integrate common uses of personal computing software and quantitative skills into the assessment of the module, thus building on the foundation built in Quantitative Methods & Personal Computing. |
Learning Outcomes: | By the end of the unit, students will have:
* The ability to define, compare and interpret macroeconomic statistics. * Knowledge of the structure of the UK economy as a whole. * Facility with simple macroeconomic analytical tools. * Integrated previously-assessed competences in a set of commonly-used software applications into an academic assessment. |
Skills: | Intellectual:
* The ability to define and interpret macroeconomic statistics (T,F,A) * Economic analysis (T,A) * Critical thinking (T,A) * Translation of problem requirements to implemented solutions (F,A). Practical: * Ability to use common software packages (F,A) Key skills: * Written communication (F,A) * Use of Information Technology (F,A). |
Content: | Topics will include: the UK economy as a whole, including GDP, demand management, regional inequalities and development; monetary, credit and fiscal policies; foreign trade and the balance of payments; labour and unemployment. |
Programme availability: |
MN10079 is Compulsory on the following programmes:Department of Politics, Languages and International Studies
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Notes:
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