EF3441Intermediate Macroeconomics

What you will study

Course overview

This course provides analytical tools and a rigorous modern macroeconomic framework to understand consumption, saving, investment, labor markets, economic growth, inflation, unemployment, business cycle, monetary policy, and fiscal policy. These analytical tools and macroeconomic models are used to interpret macroeconomic data and to analyze macroeconomic policy. This course trains students to think critically about the determination of macroeconomic outcomes for the decisions made by policymakers. This course also aims to develop student’s discovery abilities through different teaching and learning activities. In the lecture, current news and issues in global economy are emphasized so that students are able to discover the latest developments in the global economy.

Official PDF, page 2 · Abstract

Course content

National income, consumption, saving, labor markets, general equilibrium, economic growth, fiscal policy, monetary policy, interest rate, unemployment, and wages.

Official PDF, page 5 · Keyword Syllabus

Intended learning outcomes

View official learning outcomes and conditions

CILOs                                              Weighting (if DEC-A1          DEC-A2          DEC-A3
                                                                  app.)
1              Apply the basic concepts in household’s                            x             x
               consumption-saving and labor supply decisions,
               firm’s investment and labor demand decisions,
               optimal taxation, economic growth, economic
               fluctuations, policies.
2              Use the macroeconomic framework to                                               x               x
               determine the macroeconomics effects when
               policy changes.
3              Deploy the economics concepts to explain                           x             x               x
               observed macroeconomics problems.

Official PDF, page 2 · Course Intended Learning Outcomes (CILOs)

Before you take this course

Check prerequisites, precursors and corequisites separately, together with equivalence and exclusion conditions. “and” means conditions must be met together; “or” marks alternatives. Read combined conditions in the groupings shown in the original text below.

Prerequisites

CB2400 Microeconomics or FB2400 Economics I and CB2402 Macroeconomics or EF2401 Economics II or FB2401 Economics II and EF2452 Mathematics for Economics and Finance

Official PDF, page 1 · Prerequisites

Precursors

Nil

Official PDF, page 1 · Precursors

Corequisites

This edition of the official syllabus does not state this item.

Additional course requirements

This edition of the official syllabus does not state this item.

Equivalent courses and conditions

EF3441A Macroeconomics for Business Strategy

Official PDF, page 1 · Equivalent Courses

Exclusive courses and conditions

Nil

Official PDF, page 1 · Exclusive Courses

Assessment and passing the course

Assessment

Continuous Assessment (%): 50; Examination (%): 50; Examination Duration (Hours): 2

View the original assessment table and instructions

ATs                  CILO No.        Weighting (%)        Remarks ("-" for   Allow Use of
                                                                                  nil entry)         GenAI?
1                       Assignments         1, 2, 3          20                   -                  Yes
                        Students will
                        be work on
                        problem sets to
                        them understand
                        the theoretical
                        frameworks
                        and apply the
                        theoretical
                        frameworks to real-
                        world problems.
2                       Midterm Exam        1, 2, 3          30                   -                  No
                        Students will be
                        assessed via the
                        examination their
                        understanding
                        of the theoretical
                        frameworks
                        learned in class,
                        textbooks, reading
                        materials and their
                        ability to apply
                        the theoretical
                        frameworks.

Official PDF, page 3 · Continuous Assessment (%),Examination (%),Examination Duration (Hours)

Passing requirements

This edition of the official syllabus does not state this item.