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EC990: Topics in Applied Macroeconomics

  • Jennifer Smith

    Module Leader
18 CATS - Department of Economics

Principal Aims

The module will provide students with the ability to discuss, critically evaluate and recommend policy options in various areas of macroeconomics.

Principal Learning Outcomes

Subject knowledge and understanding: By the end of the module, the student should have a good overview of policy issues and solutions in the broad area of macroeconomics.The teaching and learning methods that enable students to achieve this learning outcome: the lectures will give an overview of important topics in macroeconomic policy.The summative assessment methods that measure the achievement of this learning outcome are: assignment, final exam.

Subject knowledge and understanding: By the end of the module, the student should be able to discuss policy options in a variety of areas with understanding of the underlying principles, their practical problems and consequences.The teaching and learning methods that enable students to achieve this learning outcome: the lectures will cover a variety of policy topics, explaining and critically evaluating policy options. In all cases theoretical argument, empirical evidence, and elements of political economy will be discussed and used to evaluate possible policies. The summative assessment methods that measure the achievement of this learning outcome are: assignment, final exam.

Cognitive skills: By the end of the module, the student should be able to critically evaluate existing work, including journal articles, policy documents, and media reports, on macroeconomic policy topics.The teaching and learning methods that enable students to achieve this learning outcome: the lectures will encourage discussion and evaluation of strengths and weaknesses of academic, policymaker and journalist policy-related work.The summative assessment methods that measure the achievement of this learning outcome are: assignment, final exam.

Syllabus

The syllabus may cover, but is not limited to, the following areas:

1. Monetary policy

2. Fiscal policy

3. Immigration policy

4. Employment, unemployment and participation policy

5. Inequality policy

Context

Optional Module
L1P6 - Year 1, L1P7 - Year 1

Assessment

Assessment Method
Coursework (50%) + 2 hour examination (Summer) (50%)
Coursework Details
Assignment 1 (25%), Assignment 2 (25%), 2 hour examination (Summer) (50%)
Exam Timing
Summer

Exam Rubric

Time Allowed: 2 Hours

Answer ALL THREE questions. All questions are of equal weight. Please answer each question in a separate answer book.

Approved pocket calculators are allowed.

Read carefully the instructions on the answer book provided and make sure that the particulars required are entered on each answer book.

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