Principal Aims

Principal Learning Outcomes

Subject Knowledge and Understanding:...understand the main elements of the financial system and describe the roles played by different financial assets in this system. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, guided reading, problem sets, group projects; class discussions.. The summative assessment methods that measure the achievement of this learning outcome are: Group assessment and Final Examination.

Subject Knowledge and Understanding:...outline and give a detailed justification of the main goals of monetary policy and also assess the relative merits of different countries' monetary policy institutions. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, guided reading, problem sets, group projects; class discussions. The summative assessment methods that measure the achievement of this learning outcome are: Group assessment and Final Examination.

Subject Knowledge and Understanding:...critically discuss and debate a range of current monetary issues. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, guided reading, problem sets, group projects; class discussions. The summative assessment methods that measure the achievement of this learning outcome are: Group assessment and Final Examination.

Subject-specific and Professional Key General Skills:...express their view about pertinent monetary and financial issues in a clear way orally and in writing. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, guided reading, problem sets, group projects; class discussions. The summative assessment methods that measure the achievement of this learning outcome are: Group assessment and Final Examination.

Subject-specific and Professional Key General Skills:...conduct individual and collaborative research using actual data and other resources. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, guided reading, problem sets, group projects; class discussions. The summative assessment methods that measure the achievement of this learning outcome are: Group assessment and Final Examination.

Subject-specific and Professional Key General Skills:...have a command of the language of macroeconomics and, particularly, feel comfortable in the interpretation and drafting of statements of a policy nature.

Subject-specific and Professional Key General Skills:...obtain official data on macroeconomic issues and use Excel, Stata and other tools to analyse such data. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, guided reading, problem sets, group projects; class discussions. The summative assessment methods that measure the achievement of this learning outcome are: Group assessment and Final Examination.

Cognitive Skills:...critically analyse the arguments of others and learn to distinguish fact from conjecture. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, guided reading, problem sets, group projects; class discussions. The summative assessment methods that measure the achievement of this learning outcome are: Group assessment and Final Examination.

Cognitive Skills:...analyse complex issues using data as a guide; including the interpretation of data in the context of the theoretical models. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, guided reading, problem sets, group projects; class discussions. The summative assessment methods that measure the achievement of this learning outcome are: Group assessment and Final Examination.

Syllabus

Context

Optional Module

L100 - Year 2, L1P5 - Year 1, L1PA - Year 1, LM1D (LLD2) - Year 2, V7ML - Year 2, V7MP - Year 2, V7MP - Year 3, V7MR - Year 2, V7MR - Year 3, V7MM - Year 4, LA99 - Year 2, LA99 - Year 3, R9L1 - Year 4, R3L4 - Year 4, R4L1 - Year 4, R2L4 - Year 4, R1L4 - Year 4, L1L8 - Year 2, L1L8 - Year 3

Pre or Co-requisites

Any of:

EC107-30 Economics 1

OR

EC108-30 Macroeconomics 1 AND

EC109-30 Microeconomics 1

OR

EC131-15 Economics for Business with a mark of 65% in the final examination plus either EC229 or EC204 as a co- or pre-requisite

Summary:

Modules: EC107-30 or EC136-15 or (EC108-30 and EC109-30) or EC131-15

Restrictions

May not be combined with modules PO391-30 or IB253-15 or IB3J8-15 or IB3J8-12

Assessment

Assessment Method

Coursework (20%) + In-person Examination (80%)

Coursework Details

In-person Examination (80%) , Test 1 (10%) , Test 2 (10%)

Exam Timing

Summer

Exam Rubric

Time Allowed: 2 Hours

Read all instructions carefully - and read through the entire paper at least once before you start entering your answers.

You are required to answer ALL questions on this paper. Questions 1, 2 and 3 are each worth 10 marks. Questions 4 and 5 are each worth 35 marks.

Answer each whole question in a separate booklet.

Approved scientific (non-graphical) pocket calculators are allowed.

Previous exam papers can be found in the University’s past papers archive. Please note that previous exam papers may not have operated under the same exam rubric or assessment weightings as those for the current academic year. The content of past papers may also be different.

Reading Lists