Course unit details:
Macroeconomic Theory
| 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 |
| Available as a free choice unit? | No |
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 |
|---|---|
| Written exam | 100% |
Mid-term exam: 30%
Final exam: 70%
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 |