MACRO ECONOMICS I
Module/Course Title: Macro Economics I
1. Course Coordinator: Prof. Munawar, S.E., DEA., Ph.D
2. Lesson Plan Developer: Prof. Munawar, S.E., DEA., Ph.D dan Prof. Dr. Agus Suman, SE., DEA
.module/
course code
Student Workloads
credits
(ECTS) Semester frequency Duration
EKU1204 16 x 3 CU x 170 minutes
3 CU x 1.5
ECTS 1st and 2nd Semesters
Odds and Even
Semester 1 Semester 1 Types of courses
Lectures
Contact hours
Independent studies
class sizes 35 students 16 x 3 CU x
50 minutes
16 x 3 CU x 120 minutes 2 Prerequisites for participation (if applicable)
1. Introduction to Economics 3 Learning Outcomes
a. Intended Learning Outcomes
1) Capable of demonstrating a responsible attitude towards work in the field of expertise independently (ILO 2);
2) Capable of making appropriate decisions in the context of problem solving based on the results of information and data analysis (ILO 5);
3) Capable of mastering the concepts and theories of economics (ILO 9).
b. Course Learning Outcomes
1) Capable of explaining the macroeconomic theory of the goods market side.
2) Capable of explaining the macroeconomic theory of the money market side.
3) Capable of calculating and describing the balance in the goods market and money market.
4) Capable of explaining and measuring the impact of fiscal and monetary policies.
4 Subject Content
1. The difference between micro-macro and the focus of macroeconomics 2. Definition of the four components of aggregate expenditure
3. Consumption and saving functions
4. The investment function and the factors that influence it 5. Balance income and multiplier figures
6. Tax multiplier figures and government spending 7. Definition and process of the birth of money supply 8. Balance in the money market
9. Changes in money to national income 10. Fiscal and monetary policy
11. The role of foreign countries in the economy of a country 12. Exchange rates how the forex market works
13. Impact of trade on national income
14.
Key differences between Keynesian and classical thought5 Teaching methods
1. Problem Based Learning;
2. Cooperative Learning.
6 Assessment methods 1. Participation
2. Assignments 3. Quiz
4. Mid Test 5. Final Test
7 This Module/Course is also appied in The Following Study Program/s Economics, Finance and Banking Study Program
8 Authorisation for modules/courses team
9
References:
1. Mankiw, NG (2010). Macroeconomics. 7th. New York: Worth Publisher.
2. Samuelson, Paul and Williams Nordhaus, 2001, Macroeconomics, McGraw-Hill 3. Froyen, Richard T. and Linda Low. 2001. “Macroeconomics: An Asian
Perspectives”, Prentice Hall.
4. Parkin, Michael, 2012, Macroeconomics, Pearson, Addison Wesley.
5. Parkin, Michael and Robin Bade, 2002, Foundation of Macroeconomics, Addison Wesley.
