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Republic Polytechnic
Business

B321 Macroeconomics

This module equips students with the knowledge of the broad economy’s behaviour, including understanding of terms and concepts associated with the economic performance of a country, the impact of government economic policies and the importance of international trade.

Students will also develop skills in applying economics theories to their daily experiences to assist in problem-solving and decision-making. Students will acquire basic Macroeconomics knowledge through various modes of learning, namely, analysis of real-life macroeconomic events, activity-based lessons and debates. This module seeks to make students informed citizens of the economy they are part of and will set a solid foundation for students who wish to pursue Macroeconomics at the advanced level. Topics covered include the following: Economics, Performance, Unemployment and Inflation, Economic Growth, Balance of Payment, International Trade, Macroeconomic Tools and Policies, and Income Disparity.

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