- Department: Economics and Related Studies
- Credit value: 20 credits
- Credit level: I
- Academic year of delivery: 2023-24
- See module specification for other years: 2024-25
This module advances students’ understanding of macroeconomic analysis and policy.
Pre-requisite modules
Co-requisite modules
- None
Prohibited combinations
- None
Occurrence | Teaching period |
---|---|
A | Semester 1 2023-24 |
This module aims to develop students' understanding of intermediate macroeconomic analysis and to enhance their ability to use macroeconomic theory to interpret and assess macroeconomic issues and policies. The exposition is mainly diagrammatic but at times uses simple algebra and a certain amount of differential calculus.
On completing the module students will be able to critically assess a variety of macroeconomic models and policies, including:
Short run models of the macroeconomy
Medium run models of the macroeconomy (including the Phillips curve)
Long run models of the macroeconomy (including the Solow growth model)
Monetary and Fiscal policy
Task | % of module mark |
---|---|
Closed/in-person Exam (Centrally scheduled) | 75 |
Oral presentation/seminar/exam | 25 |
None
Task | % of module mark |
---|---|
Closed/in-person Exam (Centrally scheduled) | 75 |
Marks and written feedback on summative assessments will be provided within 25 working days of the date of submission.
Formative feedback will be provided in PBL tutorials after student groups complete each case study, and in lectures with the use of mentimeter.
Main Textbook:
Carlin, Wendy and Soskice, David (2014). “Macroeconomics: Institutions, Instability and the Financial System”, Oxford University Press.