MSc Development Finance

Year of entry: 2021

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Course unit details:
Development Macroeconomics

Unit code MGDI60581
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 School of Environment, Education and Development
Available as a free choice unit? Yes

Overview

The course will mostly concentrate on theories of stabilisation and open economy macroeconomics. Theories of economic growth will also be covered.

Aims

The objective of the unit is to provide students with a rigorous analysis of the fundamental concepts of international macroeconomics as well as to theories of economic growth.

Learning outcomes

Knowledge and understanding
- Students will be able to analyze the impact of different stabilisation policies on economic performance, and will have a good understanding of the basic concepts of international macroeconomics, such as the determinants of short term and long term foreign exchange rate, relationships between exchange rates, prices, and output; fixed exchange rate regime, and currency and financial crisis.

Intellectual skills
- Students will be able to provide an analytical discussion of the concepts of international macroeconomics and apply them to the analysis of macroeconomic policies of different countries.

Teaching and learning methods

Lecture and tutorial based.

Assessment methods

Data Exercise: 800 words, 20%
Exam: Answer 4 questions out of 6. Two page answer expected of each question, 80%

Re-sit assignment: essay , 3000 words, 100%

Recommended reading

Helpman, Elhanan, The mystery of economic growth, Cambridge, Mass. ; London : Belknap Press of Harvard University Press, 2004,

Agenor , P-R. The economics of adjustment and growth, Cambridge, Mass.: Harvard University Press 2nd edition, 2004.

Rodrik, Dani, In search of prosperity : analytic narratives on economic growth, New Jersey, USA : Princeton University Press 2003.

Krugman, P.R., and Obstfeld M., International economics, theory and policy, Addison Wesley Longman, Inc. 8th edition, 2009.

Study hours

Independent study hours
Independent study 0

Teaching staff

Staff member Role
David Ouattara Unit coordinator

Additional notes

Information
GDI Programmes on which course unit is offered:
MSc DEP (core), MSc DF, MSc PPM, MSc ID: PID

Timetable
10 hours lectures, 6 hours tutorials.
Revision workshop - 1.5 hours

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