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![]() | 2018/9 |
![]() | Department of Economics |
![]() | 6 [equivalent to 12 CATS credits] |
![]() | 120 |
![]() | Masters UG & PG (FHEQ level 7) |
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![]() | CW 30%, EX 70% |
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![]() | Aims: The unit aims to introduce students to modern macroeconomic analytical frameworks and their application to the latest macroeconomic issues. Learning Outcomes: At the end of the unit students should be able to: * Evaluate analytically a range of macroeconomic models and their implications for macroeconomic policy; * Understand how macroeconomic models can be used to understand topical economic issues and suggest policy responses. Skills: * Develop rigorous arguments through precise use of concepts and analytical frameworks (Taught/Facilitated/Assessed); * Employ analytical tools to solve macroeconomic models (T/F/A); * Use a range of macroeconomic models to design macroeconomic policy. Content: * Microfoundations of macroeconomic theory; * Nominal rigidities and monopolistic competition; * Financial intermediation; * Fiscal policy and budget deficit; * Monetary policy and inflation. |
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ES50113 is a Designated Essential Unit on the following programmes:Department of Economics
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Notes:
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