| Unit name | Intermediate Macroeconomics |
|---|---|
| Unit code | EFIM20034 |
| Credit points | 20 |
| Level of study | I/5 |
| Teaching block(s) |
Teaching Block 4 (weeks 1-24) |
| Unit director | Dr. Correia |
| Open unit status | Not open |
| Pre-requisites | |
| Co-requisites |
None |
| School/department | School of Economics |
| Faculty | Faculty of Social Sciences and Law |
The course develops macroeconomic theory at an intermediate level. At the macroeconomic level it studies economic growth, modern consumption theory and a dynamic 3-equation macro framework that will allow students to achieve a deeper understanding of the determinants of key macro variables, long-run fiscal policy (including pensions systems), aggregate investment and modern theories of unemployment.
Students should be able:
[1] To formalise macroeconomic problems using models, interpreting the logical structure of how the assumptions lead to the conclusions;
[2] To analyse how economies work by using such models to address particular questions and answer policy issues;
[3] To compare and contrast different models and to evaluate them theoretically and empirically.
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
(1) MCQs (Best 3 from 6) (20%) (2) Essay in TB1 (1,000 words) (20%) (3) Essay in TB2 (1,000 words) (20%) (4) Exam (1.5 hours) (40%)
Readings are based on the lecturer’s own lecture notes and journal articles.
