Short Title:Economics Two
Full Title:Economics Two
Module Code:ECON H2005
Credits: 5
NFQ Level:6
Field of Study:Political Science and civics
Module Delivered in 1 programme(s)
Module Author:Emma McHenry
Module Description:The aim of this module is to build upon the principles learned in Introduction to Economics and to provide the learner with a strong economics foundation through understanding the key principles of how the macro economy functions with an emphasis on Ireland's role within the EU.
Learning Outcomes
On successful completion of this module the learner will be able to:
LO1 Demonstrate knowledge of the fundamental concepts of economics at a macroeconomic level
LO2 Demonstrate an awareness of the complexity and interconnectivity of the general business environment to business decision making
LO3 Evaluate the role of the Irish government in terms of its macro objectives and their importance for both the Irish and European Economy
LO4 Apply economic theory to evaluate European Union issues
Pre-requisite learning
Co-requisite Modules
No Co-requisite modules listed

Module Content & Assessment

Content (The percentage workload breakdown is inidcative and subject to change) %
Measuring the Macro economy and the Theory of Income Determination
Measuring economic activity, National Income Accounts, the circular flow of income, consumption and savings, equilibrium national income, the multiplier, limitations of GDP as a measure of economic activity.
Fiscal Policy and Taxation
Cannons of taxation, fiscal policy, Government accounts.
Money and Banking
The European Central Bank, European Monetary policy, money, interest rates, fiscal versus monetary policy
Open Economy Macro Economics
European Monetary Union, Balance of Payments, Exchange rate determination, Exchange rate regimes globally.
Macro economic Issues
Unemployment, Inflation, International trade Theory.
Ireland & The EU
Ireland's experience and performance within the European Monetary System
Assessment Breakdown%
Course Work30.00%
End of Module Formal Examination70.00%
Course Work
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Continuous Assessment The continuous assessment will take the form of an individual assessment. This can be an in-class time constrained short answer type exam, case study or a project. 1,2,3 30.00 n/a
End of Module Formal Examination
Assessment Type Assessment Description Outcome addressed % of total Assessment Date
Formal Exam End-of-Semester Final Examination 1,2,3,4 70.00 End-of-Semester

IT Tallaght reserves the right to alter the nature and timings of assessment


Module Workload

Workload: Full Time
Workload Type Workload Description Hours Frequency Average Weekly Learner Workload
Lecture No Description 3.00 Every Week 3.00
Independent Learning No Description 3.00 Every Week 3.00
Total Weekly Learner Workload 6.00
Total Weekly Contact Hours 3.00
This module has no Part Time workload.

Module Resources

Required Book Resources
  • Turley, G.,Maloney,M.,O'Toole,F. 2011, Principles of Economics, 4th Edition Ed., Gill & Macmillan Dublin
Recommended Book Resources
  • Nagle, S. 2005, Economics, 3rd Edition Ed.
  • Artis, M.J. & Lee N 2001, The Economics of the European Union- Policy and Analysis, OUP
  • Giordano, Francesco & Persaud, Sharda 1998, The Political Economy of Monetary Union- Towards the Euro, Routledge
  • Levitt, Malcolm & Lord Christopher 2000, The Political Economy of the Monetary Union, Palgrave
This module does not have any article/paper resources
This module does not have any other resources

Module Delivered in

Programme Code Programme Semester Delivery
TA_HEURS_B Bachelor of Arts (Honours) in European Studies 4 Mandatory