EC9D2: Economic Analysis B
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%) + Micro B examination (40%) + Macro B examination (40%)
- Coursework Details
- Macro B examination (40%) , Micro B examination (40%) , Test 1 Macro B (10%) , Test 2 Micro B (10%)
- Exam Timing
- January