The ability to apply rigorous economic analysis to real-world problems continues to be a key skill valued by employers and students. This module aims to highlight the application of economic principles (and some empirical techniques) covered in the core MSc modules to macroeconomic policy issues. Topical and perennial policy issues will be covered from theoretical, empirical and practical points of view. The module aims to equip students to analyse and discuss important policy issues with the benefit of a rigorous foundation and deep knowledge, and for possible future work in policyrelated areas.
Principal Learning Outcomes
The module will provide students with the ability to discuss, critically evaluate and recommend policy options in various areas of macroeconomics.
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
- Optional Module
- L1P6 - Year 1, L1P7 - Year 1
- Pre or Co-requisites
- Assessment Method
- Coursework (50%) + 2 hour exam (50%)
- Coursework Details
- Two 1000-word assignments (worth 25% each)
- Exam Timing
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.