EC9D4: Macroeconomics A
Helios Herrera
Module Leader
Introduction
EC9D4-30 Macroeconomics A
Principal Aims
To enable students to acquire a thorough understanding of modern macroeconomic theory covering some of the most important topics, concepts and methods, along with relevant empirical evidence.
Principal Learning Outcomes
Subject knowledge and understanding:...a thorough understanding of the theoretical foundations of macroeconomic analysis.
Subject-specific Skills/Professional Skills: Knowledge and Understanding:...develop a thorough understanding of how macroeconomic models can be used in policymaking and help explain empirical evidence.
Cognitive Skills:...develop a thorough and critical understanding of growth and modern macroeconomics.
Syllabus
The syllabus may cover, but is not limited to, the following areas:
GDP, AD-AS model, rules versus commitment in central banking, sustainability models, consumption, investment, institutions and geography, nominal rigidities, the “Philips curve”, monetary policy, inflation and seignorage, rational expectations models, debt sustainability, exchange rates, purchasing power parity, Solow growth model, growth accounting, convergence, overlapping generations model, endogenous growth, income inequality and growth, unified growth theory.
Context
- Optional Core Module
- L1P6 - Year 1, L1P7 - Year 1
- Pre or Co-requisites
- The module demands a good understanding of core undergraduate macroeconomic principles.
Assessment
- Assessment Method
- Coursework (20%) + Centrally-timetabled examination (On-campus) (80%)
- Coursework Details
- Centrally-timetabled examination (On-campus) (80%) , Test 1 Macro A (10%) , Test 2 Macro A (10%)
- Exam Timing
- January
Subject Specific Skills
- Applied Economics
- Economic Information
- Economic Principles
- Research and Debate
- Abstraction
- Analysis of Incentives
- Analysis of Institutions
- Analysis of Optimisation
- Analytical Reasoning
- Analytical thinking and communication
- Creative Thinking
- Critical Thinking
- Policy Evaluation
- Problem Solving
- Strategic Thinking
Transferable Skills
- IT skills
- Numeracy and Quantitative Skills
- Information Technology
- Mathematical, statistical, data-based research skills
- Oral Communication
- Written Communication