Macroeconomics for Business

• Credit value: 15 credits at Level 5
• Convenor and tutor: Luca Andriani
• Assessment: a mid-term examination (30%) and two-hour final examination (70%)

This module analyses the most useful and relevant topics in macroeconomics for business decision-making. It covers the basic concepts of managerial economics under the macroeconomic perspectives: business cycle, balance of payment and national account identity, exchange rate and purchasing power parity, monetary policy, fiscal policy and credit market under asymmetric information.

By the end of this module, you will:

• appreciate the practical utility of modern macroeconomic tools to identify and implement appropriate business strategies in a given situation
• be able to apply economic theory to specific macroeconomic scenarios
• be able to desmonstrate widely transferable analytical and critical thinking skills.