Unit information: Macroeconomic Theory and Policy in 2020/21

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	EFIM20034 Intermediate Macroeconomics AND EFIM20011 Econometrics 1 OR EFIM20037 Macroeconomic Analysis AND EFIM20010 Applied Quantitative Research Methods
Co-requisites	None
School/department	School of Economics
Faculty	Faculty of Social Sciences and Law

Description including Unit Aims

The broad aims of this unit are to extend students’ 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.

Intended Learning Outcomes

• Increase the depth and breadth of student understanding of macroeconomic theory

• Increase student knowledge of current macroeconomic events

• Increase student ability to use macroeconomic theory to understand and analyse current macroeconomic events

Teaching Information

Teaching will be delivered through a combination of synchronous and asynchronous sessions such as online teaching for large and small group, face-to-face small group classes (where possible) and interactive learning activities

Assessment Information

Essay (3,000 words) (100%)

Reading and References

Lecturers' handouts together with specific items on websites and blogs.