Key facts

Type	Online and Distance Learning
Location	Online
Dates	Mon 23 Sep to Fri 6 Dec 2013 Select a different date/time to view detailsMon 20 Jan to Fri 4 Apr 2014 - applications not open
Subject area(s)	Economics
CATS points	10
Fees	From £220.00
Application status	Applications being accepted
Course code	O13P437SOV
Course contact	If you have any questions about this course, please email onlinecourses@conted.ox.ac.uk.

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Overview

The course provides a detailed introduction to Macroeconomics and encompasses the fundamentals of Macroeconomics. On completion of the course students will have the ability to critically assess real world macroeconomic developments at the 1st year undergraduate level. Moreover, students will be able to better understand the material in other online economics courses such as the ‘New Economic Powers’ and ‘Globalisation’.

Description

The global credit crunch of 2007-2008 has had significant implications for the lives of many people around the world. This short course aims to provide students with an understanding of conventional macroeconomic thinking so that they can understand the essential principles of how the macroeconomy of nation states functions in a globalised world. Once students have completed this course they will be better placed to understand the causes of inflation and unemployment and the relevance of government monetary and fiscal policy in dealing with such economic problems. Therefore, students will be able to use the knowledge gained to understand everyday macroeconomic events. Furthermore, students will have a solid foundation upon which they can progress to higher level studies in Macroeconomics as well as being able to apply the knowledge gained to other online courses such as ‘Globalisation’ and the ‘New Economic Powers’.

Programme details

The areas you will cover in this course are:

• Useful tools and concepts
• Supply and demand
• Macroeconomic measurement: The current approach
• Macroeconomic Useful tools and concepts measurement: Environmental and social dimensions
• Employment and unemployment.
• Aggregate demand and economic fluctuations
• Fiscal policy
• Monetary and monetary policy
• Aggregate supply, aggregate demand and inflation: putting it all together
• Finance, trade and investment

We strongly recommend that you try to find a little time each week to engage in the online conversations (at times that are convenient to you) as the forums are an integral, and very rewarding, part of the course and the online learning experience.

Staff

Certification

This course is accredited and you are expected to take the course for credit. To be awarded credit you must complete written contributions satisfactorily. Successful students will receive credit, awarded by the Board of Studies of Oxford University Department for Continuing Education. The award will take the form of 10 units of transferable credit at FHEQ level 4 of the Credit Accumulation and Transfer Scheme (CATS). A transcript detailing the credit will be issued to successful students.

Assessment methods

In this course assessment is through one short essay of about 400 words and a longer written piece of about 1000 words.

Level and demands

FHEQ level 4, 10 weeks, approx 10 hours per week, therefore a total of about 100 study hours.

Recommended reading

To participate in this course you will need to have regular access to the Internet and you will need to buy the following book:



Goodwin, N., Nelson, J.A., and Harris, J. (2008), Macroeconomics in Context M.E. Sharpe.

Fee options

Programme Fee

Home/EU Fee: £220.00

Non-EU Fee: £295.00

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