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EC9D4: Macroeconomics A

  • Helios Herrera

    Module Leader
  • Omer Moav

    Module Lecturer
30 CATS - Department of Economics
Summer Module
Autumn Module

Principal Aims

EC9D4-30 Macroeconomics A

Principal Learning Outcomes

Subject knowledge and understanding:...a thorough 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-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. 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.

Cognitive Skills:...develop a thorough and critical understanding of growth 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:

GDP, IS-LM 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
L1P7 - Year 1, L1P6 - Year 1
Pre or Co-requisites
The module demands a good understanding of core undergraduate macroeconomic principles.

Assessment

Assessment Method
Coursework (10%) + Online Examination (90%)
Coursework Details
Online Examination (90%) , Test 1 Macro A (5%) , Test 2 Macro A (5%)
Exam Timing
January

Exam Rubric

Time Allowed: 3 Hours plus 15 minutes reading time.

Read all instructions carefully - and read through the entire paper at least once before you start entering your answers.

There are THREE Sections in this paper. Answer ALL questions in Section A, ONE question in Section B and ONE question in Section C. All questions carry equal weight (25 marks each).

Approved pocket calculators are allowed.

You should not submit answers to more than the required number of questions. If you do, we will mark the questions in the order that they appear, up to the required number of questions in each section

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.