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Course module: 330013-B-6
330013-B-6
Principles of Macroeconomics
Course info
Course module330013-B-6
Credits (ECTS)6
CategoryBA (Bachelor)
Course typeCourse
Language of instructionDutch
Offered byTilburg University; Tilburg School of Economics and Management; TiSEM: Economics; Economics;
Is part of
B Business Economics
B Tax Economics
B Economics and Business Economics
Contact persondr. B.J.A.M. van Groezen
Lecturer(s)
Coordinator course
dr. B.J.A.M. van Groezen
Other course modules lecturer
Lecturer
dr. B.J.A.M. van Groezen
Other course modules lecturer
Lecturer
drs. R.J.R.K. Heijmans
Other course modules lecturer
Lecturer
prof. dr. A.C. Meijdam
Other course modules lecturer
Lecturer
C.A.A.D.T. Ramada
Other course modules lecturer
Academic year2019
Starting block
SM 2
Course mode
Full-time
Remarks-
Registration openfrom 07/01/2020 up to and including 21/08/2020 23:59
Aims
After completing this course, the student can:
  • describe, interpret and apply the most important macroeconomic concepts
  • analyse and interpret important current and historical macroeconomic developments using basic macroeconomic theories
  • think in terms of abstract models in order to analyse the effects of macroeconomic policies and shocks, and understand how different markets interact with each other
  • distinguish long-run effects from short-run effects, for a closed and an open economy
Recommended perequisites: Principles Microeconomics, Mathematics
Content
The first part of the course covers the determinants and measurement of long-run output, inflation and unemployment. Basic mathematical and graphical instruments are used for macroeconomic analyis and conceptual differences between micro and macroeconomics are discussed. Concluding this first part, the students learn some aspects of international economics, such as how exchange rates, capital flows between countries, and the trade balance are affected by policies and shocks.

In the second part of the course the emphasis is on the business cycle: short-run deviations of output, employment, interest rate and price level around the long-run trend.
All parts discuss to what extent governments and central banks can influence the economy using fiscal, monetary and trade policy, and how economic shocks affect the economy.


 
Timetable information
Principles of Macroeconomics
Required materials
Manual
The course manual will be available on Canvas before the start of the course.
Literature
-
ISBN:978-1-4641-4177-5
Title:Macroeconomics, European Edition (2014)
Author:N.G. Mankiw and M.P. Taylor
Publisher:Worth Publishers
Edition:2
Recommended materials
-
Tests
Written

Final grade

Midterm

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Kies de Nederlandse taal