EC239 Economics 2: Macroeconomics - University of Warwick

The EC239 - Economics 2: Macroeconomics module aims to deepen students’ understanding of macroeconomic concepts introduced in first-year studies while introducing intermediate-level topics such as the open economy and the application of macroeconomics to policymaking. The module equips students with a range of analytical skills, including descriptive, graphical, and mathematical methods, enabling them to apply these techniques to real-world problems. Key areas of focus include aggregate supply and the labour market, the unemployment-inflation relationship, aggregate demand, monetary policy and its effectiveness, the open economy and policymaking within it, labour markets and their macroeconomic role, unemployment, and efficiency wage theory.