- Department: Economics and Related Studies
- Credit value: 20 credits
- Credit level: I
- Academic year of delivery: 2024-25
- See module specification for other years: 2023-24
This module advances students’ understanding of macroeconomic models, analysis and policy. It involves problem-based learning (PBL), a student-centred approach where
students, formed in small groups, work collectively to tackle a variety of macroeconomic problems.
Pre-requisite modules
Co-requisite modules
- None
Prohibited combinations
- None
Students must have taken ECO00023C Principles of Economics and either ECO00022C Quantitative Methods or ECO00020C Mathematics for Economists
Occurrence | Teaching period |
---|---|
A | Semester 1 2024-25 |
This module aims to develop students' understanding of intermediate macroeconomic models and to enhance their ability to use macroeconomic theory and analysis to interpret and assess macroeconomic issues and policies. The exposition is mainly diagrammatic but at times uses algebra and a certain amount of differential calculus.
In addition to traditional lectures, this module will have problem-based learning (PBL) tutorials. Through PBL, the module enables students to develop key skills associated with employability and scholarship, including teamwork, effective communication, planning and research skills, and critical thinking and analysis. Students also have the chance to reflect on the development of their learning and skills.
On completing the module, students will be able to
Task | % of module mark |
---|---|
Closed/in-person Exam (Centrally scheduled) | 75 |
Essay/coursework | 25 |
None
The 25% coursework element can be reassessed via a Revise and Resubmit only.
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.