UnitLevel 2Undergraduate

ECS2730 Intermediate macroeconomics

Faculty of Business and Economics

ECS2730 Intermediate macroeconomics is a level 2, 6-credit-point, undergraduate unit from the Faculty of Business and Economics, offered in 2020 in Semester 1 at South Africa. It needs ECS1102, ECW1102 or ECB1102 and unlocks 7 units.

Credit points
6
Offered in 2020
Semester 1
South Africa
Workload
144 hours
per semester

This is the 2020 handbook entry. See the 2021 entry.

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Requisites

Overview

Measuring and interpreting macroeconomic data; consumption and investment decisions; analysis of the real exchange rate and trade balance; assets price movements; different international monetary systems; the economic benefits and costs of optimum currency areas; IS-LM mode; AD-AS model; how policy-makers in South Africa and the broader African continent try to stablise the economy.

Offerings in 2020

Teaching periodCampusMode
First semesterSouth AfricaOn campus

Learning outcomes

When you finish this unit, you should be able to:

  1. 1

    demonstrate the impact of monetary and government policies on an open economy using the IS-LM model and AD-AS model

  2. 2

    explain the policy consequences of consumption and investment decisions

  3. 3

    explain how policies affect the trade balance and income

  4. 4

    analyse policy responses to assets price movements

  5. 5

    evaluate the economic benefits and costs of optimum currency areas.

Workload and teaching

Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.

Contacts

Chief Examiners
Dr Tendeukayi Mugadza

Common questions

What are the prerequisites for ECS2730?

You need ECS1102, ECW1102 or ECB1102 before you enrol.

What can I take after ECS2730?

ECS2730 is a prerequisite or corequisite for 7 units, including ECB3143, ECF3143, ECM3670, ECS3121, ECS3143 and ECS3567.

When is ECS2730 offered?

In 2020, ECS2730 runs in Semester 1 at South Africa.

How much work is ECS2730?

The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.

More details

Credit points
6
Level
2
Study level
Undergraduate
Faculty
Faculty of Business and Economics
Organisational unit
Department of Economics
Type
Coursework
EFTSL
0.125
Student contribution
SCA Band 3
Study abroad
Not available
Handbook years
20202021