Macroeconomics

University of the Western Cape

Course Description

  • Course Name

    Macroeconomics

  • Host University

    University of the Western Cape

  • Location

    Cape Town, South Africa

  • Area of Study

    Economics, Management Science

  • Language Level

    Taught In English

  • Prerequisites

    60% in ECO133 or 60% in ECO134
    OR
    ECO122 (B.Econ 4yr)
    OR
    ECO141

  • Course Level Recommendations

    Upper

    ISA offers course level recommendations in an effort to facilitate the determination of course levels by credential evaluators.We advice each institution to have their own credentials evaluator make the final decision regrading course levels.

    Hours & Credits

  • Host University Units

    10
  • Recommended U.S. Semester Credits
    3
  • Recommended U.S. Quarter Units
    4.5
  • Overview

    Main Outcomes
    Upon completion of this module, a student should be able to:
    · Apply macro-economic theory
    · Use graphs and equations to explain macro-economic concepts
    · Apply macro-economic theory to South African economic issues.

    Main Content
    · National Income
    · Components of GDP
    · Goods and Financial Markets
    · IS-LM model and AD-AS model
    · Unemployment and Inflation

    Breakdown of Learning Time:
    Contact with lecturer / tutor: 42 hours, 2 lectures per week
    Assignments & tasks: 20 hours
    Tests & examinations: 7 hours, 1 tutorial per week
    Self-study: 31
    Total learning time: 100

    Methods of Student Assessment
    Final Exam = 50%
    Continuous Assessment Mark = 50% (Assignments; Tests; Tutorials)

Course Disclaimer

Credits earned vary according to the policies of the students' home institutions. According to ISA policy and possible visa requirements, students must maintain full-time enrollment status, as determined by their home institutions, for the duration of the program.