BUS106 Macroeconomic Principles
BUS106 Macroeconomic Principles
Macroeconomics is the study of how the overall economy functions, including national income, inflation, unemployment, and economic growth.
As a business professional, you will find this knowledge crucial for understanding the economic environment in which businesses operate and how government policies and global events impact economic conditions.
In this course, you will explore key concepts and models used to analyze the performance of national economies.
The course covers topics such as gross domestic product (GDP), aggregate supply and demand, fiscal and monetary policies, international trade, and exchange rates.
You will learn to interpret economic indicators, analyze the effects of government policies on the economy, and understand the causes and consequences of economic fluctuations.
Through lectures, discussions, case studies, and problem-solving exercises, you will develop your ability to apply macroeconomic principles to real-world economic issues.
This course provides you with a fundamental understanding of macroeconomic concepts that will enhance your decision-making capabilities in both personal finance and business contexts throughout your academic and professional career.
DURATION
This course is worth two (2) semester credit hours
Assessment
Online Exam
- Description: The questions in the exam relate to the lecture content and readings.
- Weight: This assessment task is worth 10% of your final grade.
- Length: You have 90 minutes to complete the 50-question exam. You may reattempt it up to two times.
Discussion
- Description: Engage in an asynchronous, one-on-one discussion with your professor about the coursework and its implications for practice.
- Weight: This assessment task is worth 20% of your final grade.
- Length: Each contribution to the discussion should be between 50-100 words. The discussion will run for 5 iterations.
Report
- Description: Choose a topic from the list provided or suggest one to your professor that is relevant to the course.
- Weight: This assessment task is worth 35% of your final grade.
- Length: 1,000-1,500 words (excluding appendices and references).
Presentation
- Description: Live present your report, including findings and recommendations.
- Weight: This assessment task is worth 20% of your final grade.
- Length: 5-7 minutes.
Viva voce
- Description: Defend the findings of your report/presentation in the context of this course.
- Weight: This assessment task is worth 15% of your final grade.
- Length: 10 minutes.
Related Courses
- Pre-requisites – none
- Co-requisites – none
- Exclusions – none
Learning Outcomes
At the end of this course, you will be able to:
- Analyze key macroeconomic indicators such as GDP, inflation, and unemployment to assess the overall health of an economy.
- Evaluate the effects of fiscal and monetary policies on national economic performance and business environments.
- Apply macroeconomic models to explain economic fluctuations, including business cycles and economic growth.
- Interpret the impact of international trade and exchange rate fluctuations on domestic economies and business operations.
Graduates of this course are eligible for the Professional Certificate in Macroeconomics from Cedar Mountains University.
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