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Unit information: MRes Macroeconomics 1 in 2021/22

Unit name MRes Macroeconomics 1
Unit code EFIMM0020
Credit points 15
Level of study M/7
Teaching block(s) Teaching Block 1 (weeks 1 - 12)
Unit director Professor. Hu
Open unit status Not open
Pre-requisites

None

Co-requisites

MRes Mathematics for Economics

School/department School of Economics
Faculty Faculty of Social Sciences and Law

Description including Unit Aims

This unit aims to broaden and deepen knowledge and understanding of selected topics in macroeconomics. These topics will include dynamic optimization, and the application of dynamic models to consumption, investment and growth in continuous time. The unit aims to build in students the ability to know, understand and evaluate these tools and to apply them when undertaking novel research. To help in this, the material will include some empirical work which will highlight the scope and limitations of these tools.

Intended Learning Outcomes

This unit provides a thorough and in-depth treatment of the basic concepts in macroeconomics and introduces fundamental analytic paradigms rigorously, with a view to equip the students with sufficient foundational understanding of the discipline to be able to access the journal articles first-hand, to evaluate them critically and to start independent research projects at basic levels. Students will also learn to the application of computational software such as MATLAB to these tools, its scope and limitations.

Teaching Information

Teaching will be delivered through a combination of synchronous and asynchronous sessions such as online teaching for large and small group, face-to-face small group classes (where possible) and interactive learning activities

Assessment Information

online exam (85%) and coursework (15%)

Resources

If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.

If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. EFIMM0020).

How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours of study to complete. Your total learning time is made up of contact time, directed learning tasks, independent learning and assessment activity.

See the Faculty workload statement relating to this unit for more information.

Assessment
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit. The Board considers each student's outcomes across all the units which contribute to each year's programme of study. If you have self-certificated your absence from an assessment, you will normally be required to complete it the next time it runs (this is usually in the next assessment period).
The Board of Examiners will take into account any extenuating circumstances and operates within the Regulations and Code of Practice for Taught Programmes.

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