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Emerging Market Macroeconomics - ECO00014M

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  • Department: Economics and Related Studies
  • Module co-ordinator: Dr. Paulo Santos Monteiro
  • Credit value: 10 credits
  • Credit level: M
  • Academic year of delivery: 2022-23

Module will run

Occurrence Teaching cycle
A Autumn Term 2022-23

Module aims

to introduce students to relevant macro theories used to shed insights into the problems of developing economies at the beginning of the twenty first century.

to introduce students to insights revealed by classical and endogenous growth theories and the evidence on convergence.

to introduce students to the range of macro models used to explain such phenomena as, inter alia, exchange rate policy and determination, trade policy, credit and debt.

as such, to introduce students to the insights provided by such theoretical approaches into the general and specific issues facing developing economies.

Module learning outcomes

Having completed this module, students should be able to:


use a variety of theoretical tools to evaluate macro approaches to development issues

acquire the relevant theoretical skills and understanding which will enable them to apply the insights to a variety of economic phenomena.

evaluate published research on the topic.

apply insights from macroeconomic theories to a variety of problems

use insights from macroeconomic theory to establish working hypotheses which may be used in empirical work.


Task Length % of module mark
Online Exam -less than 24hrs (Centrally scheduled)
Emerging Market Macroeconomics
2 hours 100

Special assessment rules



Task Length % of module mark
Online Exam -less than 24hrs (Centrally scheduled)
Emerging Market Macroeconomics
2 hours 100

Module feedback


Indicative reading

Agesnor, P.R., and Montiel, P., Developmeny Macroeconomics, Princeton University Press, 1999.

Montiel, P., Emerging Market Macroeconomics, Cambridge University Press, 2003.

Vegh, C., Open Economy Macroeconomics in Developing Countries, The MIT Press, 2008.


The information on this page is indicative of the module that is currently on offer. The University is constantly exploring ways to enhance and improve its degree programmes and therefore reserves the right to make variations to the content and method of delivery of modules, and to discontinue modules, if such action is reasonably considered to be necessary by the University. Where appropriate, the University will notify and consult with affected students in advance about any changes that are required in line with the University's policy on the Approval of Modifications to Existing Taught Programmes of Study.