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Department of Economics

EC9D4: Macroeconomics A

  • Helios Herrera

    Module Leader

  • Omer Moav

    Module Lecturer
36total
lecture hours
8total
seminars
44total
contact hours
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

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