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Macroeconomics for Business


  • Credit value: 15 credits at Level 5
  • Convenor and tutor: Dr Luca Andriani
  • Assessment: a two-hour examination (100%)

Module description

In this module we analyse the most useful and relevant topics in macroeconomics for business decision-making. We will cover the following basic concepts of managerial economics from macroeconomic perspectives:

  • Business cycle
  • Balance of payment and national account identity
  • Exchange rate and purchasing power parity
  • Monetary policy
  • Fiscal policy
  • Credit market under asymmetric information

Learning objectives

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 demonstrate widely transferable analytical and critical-thinking skills.