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ECON3211: ADVANCED MACROECONOMIC THEORY

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Type Open
Level 3
Credits 20
Availability Available in 2023/24
Module Cap
Location Durham
Department Economics

Prerequisites

  • Microeconomics (ECON2021) AND Macroeconomics (ECON2011) OR Economic Theory (ECON2291)

Corequisites

  • None.

Excluded Combinations of Modules

  • None.

Aims

  • To develop knowledge and analytical skills in advanced macroeconomic theory, by building on the second-year macroeconomics module.
  • To offer students the opportunity to develop some key skills.

Content

  • Topics, reflecting the current state of the field, may include:
  • growth theory
  • business cycle theory
  • monetary theory
  • theoretical aspects of macroeconomic policy.

Learning Outcomes

Subject-specific Knowledge:

  • At the end of the module the students should:
  • be able to understand research contributions in macroeconomics (journal publications).
  • have a deep understanding of some advanced theoretical models in macroeconomics.
  • know some advanced analytical methods in macroeconomics and be able to recall and apply them to macroeconomic problems.

Subject-specific Skills:

  • At the end of the module, students should:
  • be able to solve macroeconomic problems at an advanced level.
  • be able to recall, interpret, and apply key concepts, models, and techniques used in macroeconomics.

Key Skills:

  • Written communication;
  • Planning, organisation and time management;
  • Problem solving and analysis;
  • Reading and recalling mathematically technical documents.

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

  • Teaching is by lectures and workshops. Learning takes place through attendance at lectures, preparation for and participation in tutorial classes, and private study. Formative assessment to help prepare for in-person exam. Summative assessment is by means of an in-person examination.

Teaching Methods and Learning Hours

ActivityNumberFrequencyDurationTotalMonitored
Lectures201 Per Week1 Hour20 
Workshops105 in Term 1, 5 in Term 21 Hour10Yes
Revision Lectures22 in Term 31 Hour2 
Preparation and Reading168 
Total200 

Summative Assessment

Component: ExaminationComponent Weighting: 100%
ElementLength / DurationElement WeightingResit Opportunity
One in-person written examination2 hours100Same

Formative Assessment

One written piece of work to prepare students for the summative exam.

More information

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