Unit name | Macroeconomics with Extended Essay |
---|---|
Unit code | EFIM30053 |
Credit points | 30 |
Level of study | H/6 |
Teaching block(s) |
Teaching Block 1 (weeks 1 - 12) |
Unit director | Dr. Marion Prat |
Open unit status | Not open |
Units you must take before you take this one (pre-requisite units) |
None |
Units you must take alongside this one (co-requisite units) |
None |
Units you may not take alongside this one |
None |
School/department | School of Economics |
Faculty | Faculty of Social Sciences and Law |
This unit is only available for students on the Graduate Diploma
The unit will take a modern look at the macroeconomy, incorporating both recent insights into how the economy works and also pedagogical concerns that macroeconomics has become too mathematical. Students will understand both that (i) macroeconomic models are simplifications of a complicated economy and also; (ii) that such models are only provisionally correct, since they are dependent on empirical verification.
The main topics to be studied will be:
(i) the determinants of long-run economic growth and productivity and income differences between countries;
(ii) the components of aggregate demand - investment and consumers’ expenditure;
(iii) the consequence of market failures in credit and labour markets for macroeconomic behaviour;
(iv) the operation and efficacy of fiscal and monetary policy in developed economies.
Students will be able:
Teaching will be delivered through a combination of large and small group classes, supported by online resources
Coursework 1 (1,500 words) (27%) Assesses all learning outcomes.
Coursework 2 (2,500 words) (40%) Assesses all learning outcomes.
Essay (2,500 words) (33%) Assesses all learning outcomes.
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. EFIM30053).
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.