Macroeconomic Analysis and Policy - ECO00038I

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  • Department: Economics and Related Studies
  • Credit value: 20 credits
  • Credit level: I
  • Academic year of delivery: 2023-24

Module summary

This module advances students’ understanding of macroeconomic analysis and policy.

Related modules


Module will run

Occurrence Teaching period
A Semester 1 2023-24

Module aims

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.

Module learning outcomes

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

Indicative assessment

Task % of module mark
Closed/in-person Exam (Centrally scheduled) 75
Oral presentation/seminar/exam 25

Special assessment rules

None

Indicative reassessment

Task % of module mark
Closed/in-person Exam (Centrally scheduled) 75

Module feedback

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.

Indicative reading

Main Textbook:

Carlin, Wendy and Soskice, David (2014). “Macroeconomics: Institutions, Instability and the Financial System”, Oxford University Press.