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Overview

Introduction to analysing the economy as a whole. Topics include the determination of national income, unemployment, inflation, interest rates and the exchange rate, as well as monetary and fiscal policy.

Follows on from BSNS 113 and extends the analysis of market economies in New Zealand and international contexts. Topics include: economic growth, business cycles, monetary policy and the role of the Reserve Bank, the global financial crisis (GFC), the impact of COVID-19 on the economy and fiscal policy and the appropriate role of government.

About this paper

Paper title Principles of Macroeconomics
Subject Economics
EFTS 0.15
Points 18 points
Teaching period Semester 2 (On campus)
Domestic Tuition Fees ( NZD ) $1,053.30
International Tuition Fees Tuition Fees for international students are elsewhere on this website.
Pre or Corequisite
One of BSNS 104, 113 or PTWY 111
Restriction
ECON 102, ECON 212, MANV 201
Schedule C
Arts and Music, Commerce, Science
Notes
Students with appropriate NCEA results may apply to the Department of Economics to have the prerequisite waived.
Students who have been exempted from BSNS113 on the basis of appropriate NCEA results should request Special Permission to add ECON112.
Contact
economics@otago.ac.nz
Teaching staff

Co-ordinator and lecturer:  Dr Viktoria Kahui
Lecturer: Terry Kerr

Textbooks

Principles of Economics 7th ed., by Gans et al, Cengage Learning, 2018.

Graduate Attributes Emphasised
Global perspective, Interdisciplinary perspective, Lifelong learning, Scholarship, Communication, Critical thinking, Environmental literacy, Information literacy, Research, Self-motivation
View more information about Otago's graduate attributes
Learning Outcomes

Students who successfully complete this paper will gain an understanding of economic principles and models and their application to real-world issues.

Overview

Introduction to analysing the economy as a whole. Topics include the determination of national income, unemployment, inflation, interest rates and the exchange rate, as well as monetary and fiscal policy.

Follows on from BSNS 113 and extends the analysis of market economies in New Zealand and international contexts. Topics include: economic growth, business cycles, monetary policy and the role of the Reserve Bank, the global financial crisis (GFC), the impact of COVID-19 on the economy and fiscal policy and the appropriate role of government.

About this paper

Paper title Principles of Macroeconomics
Subject Economics
EFTS 0.15
Points 18 points
Teaching period Semester 2 (On campus)
Domestic Tuition Fees Tuition Fees for 2027 have not yet been set
International Tuition Fees Tuition Fees for international students are elsewhere on this website.
Pre or Corequisite
One of BSNS 104, 113 or PTWY 111
Restriction
ECON 102, ECON 212, MANV 201
Schedule C
Arts and Music, Commerce, Science
Notes
Students with appropriate NCEA results may apply to the Department of Economics to have the prerequisite waived.
Students who have been exempted from BSNS113 on the basis of appropriate NCEA results should request Special Permission to add ECON112.
Contact
economics@otago.ac.nz
Teaching staff

Co-ordinator and Lecturer:  Associate Professor Viktoria Kahui
Lecturer: Terry Kerr

Textbooks

Principles of Economics 7th ed., by Gans et al, Cengage Learning, 2018.

Graduate Attributes Emphasised
Global perspective, Interdisciplinary perspective, Lifelong learning, Scholarship, Communication, Critical thinking, Environmental literacy, Information literacy, Research.
View more information about Otago's graduate attributes.
Learning Outcomes

Students who successfully complete this paper will gain an understanding of economic principles and models and their application to real-world issues.

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