EC9D2: Economic Analysis B
Nathan Canen
Module Leader
Arthur Galichere
Module Lecturer
Daniele Condorelli
Module Lecturer
Ilan Kremer
Module Lecturer
Omer Moav
Module Lecturer
Introduction
EC9D2-30 Economic Analysis B
Principal Aims
The main objectives of this module are:
• To enable students to acquire a rigorous understanding of modern macroeconomic theory covering some of the most important topics, concepts and methods, along with relevant empirical evidence.
• To enable students to acquire a rigorous understanding of key microeconomic principles in game theory, covering some of the most important topics, concepts and methods used in modern microeconomic analysis, along with relevant evidence and applications to mechanism design.
Principal Learning Outcomes
Subject Knowledge and Understanding:...rigorous understanding of the theoretical foundations of macroeconomic analysis. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.
Subject Knowledge and Understanding:...demonstrate a rigorous understanding of how modern macroeconomic models relate to policy and empirical evidence. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.
Subject Knowledge and Understanding:...demonstrate a rigorous understanding of microeconomic concepts relating to game theory, information economics and choice under uncertainty. The teaching and learning methods that enable students to achieve this learning outcome are: Lectures, seminars, independent study. The summative assessment methods that measure the achievement of this learning outcome are: Examination and test.
Syllabus
The syllabus may cover, but is not limited to, the following areas:
Macroeconomics - Consumption, investment, financial frictions, labour market frictions, New Keynesian model, international open economy macroeconomics, time series
Microeconomics - Game theory, incomplete information, extensive games and mechanism design.
Context
- Optional Core Module
- L1I1 - Year 1
Assessment
- Assessment Method
- Coursework (20%) + 2x Centrally-timetabled examination (On-campus) (40%)
- Coursework Details
- Centrally-timetabled examination (On-campus) (40%) , Centrally-timetabled examination (On-campus) (40%) , Test 1 Macro B (10%) , Test 2 Micro B (10%)
- Exam Timing
- January
Exam Rubric
Microeconomics - Exam Rubric:
Time Allowed: 1 hour 30 minutes, plus 15 minutes reading time during which you may make notes on the question paper. You must not start writing in your answer booklet until you are instructed.
Read all instructions carefully - and read through the entire paper at least once before you start entering your answers.
There is ONE sections in this paper. Answer ONE question (100 marks).
Use a GREEN booklet.
You must write the number(s) of the question(s) you have answered on the front cover of each booklet. Make sure the numbers are clearly visible and correspond to the questions you completed inside that booklet.
Do not submit answers to more than the required number of questions. If you do, only the first answers (in the order they appear) will be marked, up to the required number for each section.
Approved scientific (non-graphical) pocket calculators are allowed.
Macroeconomics - Exam Rubric:
Time Allowed: 1 hour 30 minutes, plus 15 minutes reading time during which you may make notes on the question paper. You must not start writing in your answer booklet until you are instructed.
Read all instructions carefully - and read through the entire paper at least once before you start entering your answers.
There are TWO sections in this paper. Answer the ONE question in Section A (50 marks) and ONE question in Section B (50 marks).
Use a separate booklet for each Section.
• Use a PINK booklet for Section A questions.
• Use a GREEN booklet for Section B questions.
You must write the number(s) of the question(s) you have answered on the front cover of each booklet. Make sure the numbers are clearly visible and correspond to the questions you completed inside that booklet.
Do not submit answers to more than the required number of questions. If you do, only the first answers (in the order they appear) will be marked, up to the required number for each section.
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.