| Unit name | Public Finance and Monetary Policy |
|---|---|
| Unit code | EFIMM0099 |
| 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 |
| Units you must take before you take this one (pre-requisite units) |
ECONM1011 Macroeconomics; ECONM1022 Econometrics |
| 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 provides training in selected topics in macroeconomic policy. It will prepare students for policy analysis within governments, central banks, and research institutes. Topics covered span fiscal policy (taxation, government spending, government debt) and monetary policy, and include the time series tools used in modern macroeconomic policy evaluation.
By the end of the course students will be able to:
1. Demonstrate knowledge and critical assessment of macroeconomics models and techniques, including some close to the research frontier,
2. Apply techniques learned in earlier units to specific macroeconomic problems,
3. Combine a conceptual comprehension of key topics in macroeconomic policy with the technical skills needed to solve relevant technical problems.
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):
Two small problem sets (which mimic exercises to be expected at the exam).
Tasks which count towards your unit mark (summative):
Exam, 2 hours. Worth 100% of unit mark. Assesses ILOs 1-3.
When assessment does not go to plan:
Exam, 2 hours. Assesses ILOs 1-3.
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. EFIMM0099).
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.
