ECON2004 - Macroeconomic Theory and Policy

Terms 1 & 2



Aims:

To provide students with a thorough understanding of core concepts and methods of macroeconomics as a foundation for subsequent study of macroeconomic topics within the degree programme, and as one of the key elements in the professional training of an economist.

Objectives:

At the end of the module, students should:

  • Understand theories of macroeconomics at a level appropriate for an economics graduate
  • Understand macroeconomic models, and be able to solve and interpret problems based on such models at a level of difficulty appropriate for an economics graduate
  • Be able to use macroeconomic concepts and methods to analyse and interpret real-world macroeconomic phenomena, and to assess issues of macroeconomic policy
Taught by:
Liam Graham (Term 1), Wendy Carlin (Term 2)
Assessment: There will be 40 hours of lectures in all (20 in each term). Other teaching will be a mixture of demonstration classes (5 in each term) and compulsory smaller-group tutorial classes (6 in each term) with accompanying exercises. There will be a single 3-hour unseen written examination for the whole course in Term 3.
Suitable for:
Compulsory for 2nd year Economics (L100), Econ/Geog (LL17), Phil/Econ (VL51) and 3rd year Math/Econ G1LC) students.
Prerequisites: ECON1001: Economics.
Moodle page:
ECON2004 Term 1, ECON2004 Term 2