The learning strategy for the module requires students to commit 150 learning hours (including assessment) of this there will be 36 hours of class support and 114 hours of independent and self directed study (24 hours of formal lectures/large group activities, 12 hours of tutorials). Learning support material will be provided for the module.

The class contact hours will be devoted to a variety of learning activities and environments including experiencing lecture material, worksheets and exercises, group discussions and presentations, and the use of AVA material such as video recordings. The independent study time will include directed reading and preparation for classes, the use of resources such as 'WinEcon' online or via CD-ROM, the use of web sites linked to the recommended texts and other web resources, as well as preparation for assessments.

Recommended texts, library facilities, university web pages, on-line resources including Sloman's web pages and student support material, word processing facilities.

Sloman, J. (2006) Economics, 6th. edn. Prentice Hall
Sloman, J. & Sutcliffe, M. (2001) Economics for Business, Prentice Hall.

Examination 1.5 hours - 100% (Tests All Learning Outcomes)

The module will look at a basic model of the macroeconomy, emphasising the role of expenditure in the determination of GDP. The concept of aggregate demand and supply will be introduced and then applied to examine issues in macroeconomics. Students will examine the workings of the international economy covering such topics as the gains from trade and the nature and significance of the exchange rate regime.