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ECON44815: ADVANCED MACROECONOMICS

It is possible that changes to modules or programmes might need to be made during the academic year, in response to the impact of Covid-19 and/or any further changes in public health advice.

Type Tied
Level 4
Credits 15
Availability Available in 2023/24
Module Cap
Location Durham
Department Economics

Prerequisites

  • None

Corequisites

  • None

Excluded Combinations of Modules

  • None

Aims

  • To develop knowledge and analytical skills in advanced macroeconomics.

Content

  • Advanced topics may be drawn from:
  • growth theory
  • business cycle theory: DSGE modelling
  • monetary theory
  • and their respective applications

Learning Outcomes

Subject-specific Knowledge:

  • be able to interpret scholarly literature in advanced macroeconomics;
  • have sufficient familiarity with the relevant current academic literature to identify open questions for their own research.

Subject-specific Skills:

  • be able to apply problem-solving and analytical skills to complex issues in macroeconomics.

Key Skills:

  • Written Communication;
  • Planning, Organising and Time Management;
  • Problem Solving and Analysis;
  • Using Initiative;
  • Numeracy;
  • Computer Literacy.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

  • Teaching is by lectures, workshops and computer practicals. Learning takes place through attendance at lectures, preparation for and participation in workshops and practicals, and private study.
  • Formative assessment is by means of one exercise.
  • Summative assessment is by means of a written examination and a project.

Teaching Methods and Learning Hours

ActivityNumberFrequencyDurationTotalMonitored
Lectures101 per week2 hours20 
Workshops8Weekly1 hour8Yes
Computer Practicals32 hours6 
Preparation & Reading114 
Revision Lectures12 hours2 
Total150 

Summative Assessment

Component: ExaminationComponent Weighting: 80%
ElementLength / DurationElement WeightingResit Opportunity
One in-person written examination2 hours100Same
Component: ProjectComponent Weighting: 20%
ElementLength / DurationElement WeightingResit Opportunity
Computational macroeconomics project1000 words max excluding equations. tables and graphs100Same

Formative Assessment

One formative assignment will be assessed. This will be a set of analytical problems.

More information

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