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EC9D3: Economic Analysis BB

  • Daniele Condorelli

    Module Leader
44 CATS - Department of Economics

Principal Aims

The module aims to provide a rigorous understanding of key principles of microeconomic and macroeconomic analysis and some important applications.

Principal Learning Outcomes

Subject Knowledge and Understanding: Have a rigorous understanding of the mathematical foundations of microeconomic 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 applications of microeconomic theory. 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: Have a 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 microeconomic concepts in the areas of game theory, auction theory and behavioural economics. 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 and critical understanding of growth models and modern macroeconomics. 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:

Microeconomics B - Consumer theory, uncertainty, general equilibrium, equilibrium over time and under uncertainty, game theory, externalities, and imperfect information.

Macroeconomics B - Solow growth model, growth accounting, convergence, overlapping generations model, endogenous growth, income inequality and growth, unified growth theory, real business cycles, dynamic programming, consumption, investment, financial frictions, labour market frictions, New Keynesian model, international open economy macroeconomics, time series

Context

Pre or Co-requisites
The module demands a deep understanding of core undergraduate microeconomic and macroeconomic principles, and a good understanding of mathematical methods such as constrained optimisation.

Assessment

Assessment Method
Coursework (12%) + Micro B examination (44%) + Macro B examination (44%)
Coursework Details
Macro B examination (44%) , Micro B examination (44%) , Test 1 Micro B (3%) , Test 2 Macro B (3%) , Test 3 Micro B (3%) , Test 4 Macro B (3%)
Exam Timing
N/A

Reading Lists