Faculty Economic and Management Sciences

Home Department Economics

Module Topic Macroeconomics
Generic Module Name Macroeconomics 232
Alpha-numeric Code ECO232
NQF Level 6
NQF Credit Value 10
Duration Semester
Proposed semester to be First semester
offered.
Programmes in which the BCom (1008), BCom (ECP) (1751), BCom (Law) (7211)
module will be offered BAdmin (1011)
Year level 2
Main Outcomes On completion of the module a student should be able to:
• Apply macroeconomic theory, and construct and explain
graphs and equations in relation to macroeconomic
concepts.
• Apply macroeconomic theory to South African economic
issues.
• Explain current developments on the domestic and global
economy.
Main Content • National Income
• Components of GDP
• Goods and Financial Market
• IS-LM model
• Labour market
• AS-AD model
• Unemployment and inflation
Pre-requisite modules ECO133/ECO134 or ECO152
Co-requisite modules None
Prohibited module None
Combination
Breakdown of Learning Hours Time-table Other teaching
Time Requirement per modes that does not
week require time-table
Contact with lecturer / tutor: 33 Lectures p.w. 2
Assignments & tasks: 20 Practicals p.w. 0
Practicals: 0 Tutorials p.w. 0.5
Assessments 7
Selfstudy 40
Other: 0
Total Learning Time 100
Method of Student Continuous Assessment (CA): 50%
Assessment Final Assessment (FA): 50%
Assessment Module type Continuous and Final Assessment (CFA)