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Macroeconomic Analysis and Policy - ECO00038I

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  • Department: Economics and Related Studies
  • Module co-ordinator: Miss Ning Xue
  • Credit value: 20 credits
  • Credit level: I
  • Academic year of delivery: 2023-24
    • See module specification for other years: 2024-25

Module summary

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

Related modules

Co-requisite modules

  • None

Prohibited combinations

  • None

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


Task Length % of module mark
Closed/in-person Exam (Centrally scheduled)
Closed exam : Macroeconomic Analysis and Policy
N/A 75
Oral presentation/seminar/exam
Presentation : Group presentation
N/A 25

Special assessment rules



Task Length % of module mark
Closed/in-person Exam (Centrally scheduled)
Closed exam : Macroeconomic Analysis and Policy
N/A 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.

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.