Principles of Macroeconomics

This module will introduce students to the structure and workings of modern economic activity, focussing on models of production, use, organisation and distribution.

Students will identify influences in national economies, as well as the international economy, and consider the role of government policy.

Students will learn different perspectives in macroeconomics and the value of models in interpretation and prediction. Problems will be discussed in groups to enable participatory learning and students will apply macroeconomic theory to debate issues in the real world.

Course leader

Dr Nalini Vittal has taught Economics at UCL for a number of years. She was trained in India and the UK, and has taught in Cambodia, India, and Kazakhstan. Her main interest is in economic development.

Target group

This is a level one module (equivalent to first year undergraduate). No prior subject knowledge is required for this module, but students are expected to have a keen interest in the area. Students are advised to revise their high school maths, though the course is not taught mathematically.

Course aim

Upon successful completion of this module, students will:

Be familiar with major macroeconomic terms and concepts;

Understand the parts of the macroeconomy and how they work and relate to each other;

Be able to identify the role of policy and its strengths and limitations;

Understand macroeconomic processes in the real world;

Be able to select a problem to analyse and discuss it orally and in writing.

Credits info

7.5 ECTS
7.5 ECTS / 4 US / 0.5 UCL

Fee info

GBP 1950: Students joining us for six weeks (two modules) will receive a tuition discount of £450.
GBP 1000: UCL offers accommodation in a vibrant area in the heart of London which costs £1000 per 3-week Session.