ECC1100 / ECF5927 Principles of Macroeconomics
Difficulty:
Year Completed: Semester 1, 2020
Prerequisite: N/A
Exemption:
CB2 Business Economics
ECC1000 (55%), ECC1100 (45%)
Weighted average of 70% required. Minimum of 60% required for
each unit.
Mean Setu Score: 84%
Clarity of Learning Outcomes: 84.2%
Clarity of Assessments: 84.6%
Feedback: 81.6%
Resources: 83%
Engagement: 86.6%
Satisfaction: 83.2%
Subject Content:
Lecture(s) and Tutorial(s):
Textbook(s):
Assessments:
The topics covered included GDP, inflation, labour market, fiscal
and monetary policy, aggregate supply / aggregate demand
model, macroeconomic policy, economic growth and exchange
rates.
1 x 2 hour lecture
No Tutorial
Principles of Macroeconomics - very useful textbook, the lecture
content mirrored the textbook and weekly questions came from
it. The Economy - not essential, however, a good source to expand
knowledge.
Country analysis task that ran throughout the semester
3 Moodle quizzes throughout the semester
Final Exam 60%
Comments
The unit was a great introduction to macroeconomics and allowed
students to gain enough knowledge to understand have
informative discussion of real-world economic events. The unit is
mostly theory based with some basic economic models that are
also analysed.
The lectures went for two hours and covered a lot of content. The
lecturer would always give a brief review of the previous week at
the start of the lecture to inform students of how the unit was
progressing. The content was delivered in a way that meant each
week built on the previous week so staying up to date was key.
There were no tutorials due to COVID so utilising consultation
times was required. This unit may be running tutorials again now.
The country analysis task was very interesting and allowed
students to apply content learnt in the lectures to real-life
examples. The moodle quizzes ran through the semester gave
student an opportunity to see how well they had understood the
concepts of the previous few weeks. Revision for these tests were
required and the homework questions provided good
preparation. The final exam was a good representation of the
content taught and with clear and concise answers a good mark is
within reach.
This units equips you with the necessary basic level of knowledge
to understand the macroeconomic settings of the world. It is a
unit that relates well with current events and can be a wam-
booster if enough time is dedicated to understanding how to
apply the concepts taught.
General Overview:
Lectures:
Tutorials:
Assessments/Other Assessments
Concluding Remarks