Occurrence | Teaching cycle |
---|---|
A | Spring Term 2022-23 to Summer Term 2022-23 |
To further develop students understanding of intermediate macroeconomic analysis. The module will provide students the ability to use macroeconomic theory to understand and interpret macroeconomic events.
Students will be able to assess critically a variety of macroeconomic issues. Among which:
Medium run models of the macroeconomy (including the Phillips curve)
Long run models of the macroeconomy (including the Solow growth model)
The role of expectations in financial markets, households, firms and policy makers
The European Monetary Union and the financial crisis
Monetary and Fiscal policy rules
The emphasis throughout the unit is on using theory to explain current and past macroeconomic problems. The module assumes prior knowledge of short run macroeconomic models (IS-LM). The exposition is mainly diagrammatic but at times uses simple algebra and a certain amount of differential calculus.
Task | Length | % of module mark |
---|---|---|
Online Exam -less than 24hrs (Centrally scheduled) Economics II - Macroeconomics |
3 hours | 100 |
None
Task | Length | % of module mark |
---|---|---|
Online Exam -less than 24hrs (Centrally scheduled) Economics II - Macroeconomics |
3 hours | 100 |
The short answer question sets will be distributed through the year reasonably evenly. These will be set through the VLE and marked electronically. A score out of a 100 for each question set will be given instantly. For each of these question sets, answers are submitted prior to a known deadline, and as soon as this deadline is passed detailed worked solutions to the question sets will also be provided. In addition to this feedback, there will be discussion of practice questions during seminars and students can if desired seek further individualized feedback during office hours
Blanchard, O., Amighini, A., and Giavazzi, F. (2013). Macroeconomics: A European Perspective. 2nd ed. Pearson.