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Course Description
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Course Name
Macroeconomics
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Host University
University of the Western Cape
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Location
Cape Town, South Africa
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Area of Study
Economics, Management
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Language Level
Taught In English
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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.
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Host University Units
10 -
Recommended U.S. Semester Credits3
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Recommended U.S. Quarter Units4.5
Hours & Credits
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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 InflationBreakdown 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: 100Methods 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.