EC339: Applied Macroeconomics
Introduction
EC339-15 Applied MacroeconomicsPrincipal Aims
The module aims to develop skills and knowledge of applied macroeconomics to an advanced level. The module aims to impart knowledge of theory, data analysis and empirical research relating to key topics in applied macroeconomics. The module aims to improve understanding of and ability to analyse real-world macroeconomic issues.
Principal Learning Outcomes
Subject knowledge and understanding:...demonstrate an ability to critically assess applied macroeconomic research papers.
Subject knowledge and understanding:...present a balanced and well-informed opinion on a variety of macroeconomic policy issues.
Subject-specific and Professional Key General Skills:...understand and interpret modern macroeconomic models.
Subject-specific and Professional Key General Skills:...critically assess different macroeconomic policy options and provide clear and concise policy advice suitable for senior policymakers.
Subject knowledge and understanding:...confidently acquire, transform, interpret and discuss real world macroeconomic data.
Syllabus
The module will cover a number of topics in applied macroeconomics. The topics will be chosen based on the expertise of the lecturer(s), the emphasis in the advanced applied macroeconomics literature, topical macroeconomic issues, and current policy concerns. All topics will cover theoretical background, data and stylised facts, empirical approaches and findings, and policy relevance and implications. Depending on the topic, the applied macroeconomic data, issues and policies may relate to more than one country. Illustrative topics may include Employment, Unemployment, Wage setting, Search and matching, Migration, Housing market, Financial stability, Monetary policy, Inflation, Investment, Productivity, Innovation, Entrepreneurship, Growth, Market structure in macroeconomics, Dealing with heterogeneity in macroeconomics, Data for macroeconomics, Applied techniques for macroeconomics, Fiscal Policy, Inequality, Institutions.
Context
- Optional Module
- L100 - Year 3, L103 - Year 4, L116 - Year 3, L117 - Year 4, LM1D (LLD2) - Year 3, LM1H - Year 4, GL11 - Year 3, GL12 - Year 4, V7ML - Year 3, V7MP - Year 3, V7MR - Year 3, V7MM - Year 4, V7MR - Year 4, V7MS - Year 4, LA99 - Year 3, R9L1 - Year 4, R3L4 - Year 4, R4L1 - Year 4, R2L4 - Year 4, R1L4 - Year 4, L1L8 - Year 3, L1CA - Year 3, L1CB - Year 4
- Pre or Co-requisites
EC201-30 Macroeconomics 2 AND EC202-30 Microeconomics 2 OR
EC204-30 Economics 2
Summary:Modules: (EC201-30 and EC202-30) and EC204-30
Assessment
- Assessment Method
- Coursework (40%) + Centrally-timetabled examination (On-campus) (60%)
- Coursework Details
- Centrally-timetabled examination (On-campus) (60%) , Group assignment 1 (20%) , Group assignment 2 (20%)
- Exam Timing
- Summer