| Unit name | Macroeconomic Theory and Policy |
|---|---|
| Unit code | ECON30077 |
| Credit points | 20 |
| Level of study | H/6 |
| Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
| Unit director | Dr. Choi |
| Open unit status | Not open |
| Pre-requisites |
Intermediate Economics 2 (EFIM20009) |
| Co-requisites |
None |
| School/department | School of Economics |
| Faculty | Faculty of Social Sciences and Law |
The broad aims of this unit are to extend studentsÂ’ knowledge of macroeconomic theory beyond the second year level, and to explore the implications for current macroeconomic issues - and government policy to deal with them - of recent developments in macroeconomic theory.
The topics covered change each year but they are generally a mixture of new topics and extensions of topics introduced in the first and second years.
Arguments will be explained in lectures using mainly diagrams; the lecturers will supply additional material, including any more technical material, in handouts.
These lecturers' handouts provide the core reading - 'the textbook' - for each topic in the unit. Other readings will include mathematical and non-mathematical alternatives.
This pattern of teaching may be changed slightly to accommodate the Easter Vacation.
Summative Assessment:
This is a three-hour closed book exam, consisting of eight or nine questions from which students choose three. Each question will require students to demonstrate all of the three learning outcomes.
Formative Assessment:
Students will write two essays which will form the basis of class discussions. The typical essay length is 2,000 – 2,500 words. These essays too will require the student to demonstrate all of the three learning outcomes
Lecturers' handouts together with specific items on websites and blogs.
