This module introduces students to Macroeconomics which deals with the economy as a whole; it examines the behaviour of economic aggregates such as aggregate income, consumption, investment, and the overall level of prices. At the end of the semester the students should be able to understand some issues like fiscal policies, how tax rates are determined and the impact of taxation on the economy, inflation, unemployment, minimum wage, income inequality and so forth.

Background in mathematics is an advantage in the module. Principles of Microeconomics is a prerequisite for this module.