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MSc Economics / Course details

Year of entry: 2023

Course unit details:
Macroeconomic Theory

Course unit fact file
Unit code ECON60111
Credit rating 15
Unit level FHEQ level 7 – master's degree or fourth year of an integrated master's degree
Teaching period(s) Semester 1
Offered by Economics
Available as a free choice unit? Yes

Overview

The aim of this course is to introduce students to the models and methods that form the core of modern
macroeconomics.

Aims

The aim of this course is to introduce students to the models and methods that form the core of modern macroeconomics.

 

Learning outcomes

At the end of this course, students should be able to demonstrate an understanding (including relevant policy applications) in macroeconomic topics such as economic growth, business cycles, consumption and savings, labour markets, inflation, monetary policy, and fiscal policy. 

 

Syllabus

 

 

 

Teaching and learning methods

Lectures and Tutorials

Assessment methods

Method Weight
Other 30%
Written exam 70%

70% Final Exam and 30% Mid term test.

Recommended reading

Main textbook:

David Romer, Advanced Macroeconomics, 5 th edition, McGraw-Hill Education, 2019 (ISBN 978- 1260185218)

Other textbooks:

Lars Ljungqvist and Thomas J. Sargent, Recursive Macroeconomic Theory, 4th Edition, MIT Press, 2018 (ISBN 978-0262038669)

Jordi Galí, Monetary Policy, Inflation, and the Business Cycle: An Introduction to the New Keynesian Framework and Its Applications, 2nd Edition, 2015 (ISBN 978-0691164786)

 

Study hours

Scheduled activity hours
Lectures 18
Tutorials 6
Independent study hours
Independent study 126

Teaching staff

Staff member Role
Patrick Macnamara Unit coordinator

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