Unit name | Further Macroeconomics |
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Unit code | EFIMM0039 |
Credit points | 15 |
Level of study | M/7 |
Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
Unit director | Dr. Pawel Doligalski |
Open unit status | Not open |
Pre-requisites |
ECONM1011 Macroeconomics; ECONM1022 Econometrics |
Co-requisites |
None |
School/department | School of Economics, Finance and Management |
Faculty | Faculty of Social Sciences and Law |
This unit provides training in selected topics in macroeconomics. It will prepare students for policy analysis within governments, central banks, and research institutes, and also prepare students for PhD research in this area.
Students will learn about macroeconomics models and techniques, including some close to the research frontier, and gain experience in applying techniques learned in earlier units to specific macroeconomic problems. By the end of the course, students should combine a conceptual understanding of some key topics in macroeconomics with the skills needed to solve relevant technical problems.
There will be lectures, exercise lectures and tutorials. The lectures will introduce and explain the different ideas, concepts and methods, their application, and limitations. The exercise lectures will focus on the required mathematical methods. These will be supplemented by classes, again focusing mainly on problem solving.
Summative assessment: three hour long written exam. The exam will test the knowledge, selection, application and evaluation of tools and methods. It will combine technical questions and essay questions, to ensure that it tests both conceptual understanding and reasoning, and ability in solving technical problems.
Formative assessment: class participation and discussion in tutorials, and assignments. These will provide further opportunities for feedback on the students’ progress.