| Unit name | Macroeconomic Analysis |
|---|---|
| Unit code | EFIM20037 |
| Credit points | 20 |
| Level of study | I/5 |
| Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
| Unit director | Dr. Marion Prat |
| Open unit status | Not open |
| Units you must take before you take this one (pre-requisite units) |
OR |
| 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 |
Why is this unit important?
The unit provides the tools to study important macroeconomic questions, incorporating recent insights into how the economy works. Students will learn how macroeconomic facts are constructed and will gain a deeper understanding of economic concepts and policies through the lenses of modern macroeconomic theory.
How does this unit fit into your programme of study?
Building on the foundations of economic theory developed in Year 1, the unit provides core economic theory, which students will be able to apply and build upon within final year units.
An overview of content
Students will study core macroeconomic topics, such as:
How will students, personally, be different as a result of the unit?
Students will know how to describe and analyse some of the most important current macroeconomic issues. They will understand both that (i) macroeconomic models are simplifications of a complicated economy and (ii) that such models are only provisionally correct, since they are dependent on empirical verification. They will be able to produce and summarise macroeconomic facts, presenting them in graphs and tables, and to discuss formal economic arguments using words and diagrams.
Learning outcomes
Students will be able:
Teaching will be delivered through a combination of large and small group classes, supported by online resources
Tasks which help you learn and prepare you for summative tasks (formative):
Students will submit and receive feedback on a draft of Coursework 1.
Tasks which count towards your unit mark (summative):
Both assignments consist of short essay questions
When assessment does not go to plan
If students fail the unit such that credit points cannot be awarded at the first attempt, they will normally be provided reassessment in the failed element(s).
The reassessment tasks will be:
Both assignments consist of short essay questions
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. EFIM20037).
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 University 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. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates
within the Regulations and Code of Practice for Taught Programmes.
