ES52052: Applied macroeconomics
[Page last updated: 14 August 2024]
| Academic Year: | 2024/25 |
| Owning Department/School: | Department of Economics |
| Credits: | 10 [equivalent to 20 CATS credits] |
| Notional Study Hours: | 200 |
| Level: | Masters UG & PG (FHEQ level 7) |
| Period: |
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| Assessment Summary: | EXCB 100% |
| Assessment Detail: |
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| Supplementary Assessment: |
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| Requisites: | |
| Learning Outcomes: |
Outline and evaluate core concepts within macroeconomics
Explain how core concepts in macroeconomics relate to macroeconomic data and policy issues
Employ the concepts and principles of macroeconomics in the solution of macroeconomic problems
Communicate macroeconomic ideas clearly and effectively
Plan, manage and reflect on their own learning and practice |
| Synopsis: | Enhance your knowledge of the main macroeconomic variables, including:
- output
- inflation
- employment
- interest rates
- the exchange rate
You'll explore these topics in the context of data for major economies.
Throughout this unit, you will study the key macroeconomic concepts used to explain the data and explore associated models and policy issues.
You'll be introduced to alternative theories of the business cycle and evaluate them by how well they explain the facts. |
| Content: | Definition and measurement of key macroeconomic variables, including output, inflation, employment, interest rates and the exchange rate.
Outline of core macroeconomic ideas and theories in the explanation of the data.
Macroeconomic models and their representation.
Macroeconomic analysis of markets. These may include: the labour market, the money market, the goods market, open economy markets.
Discussion of current macroeconomic policy issues. |
| Course availability: |
ES52052 is Compulsory on the following courses:Department of Economics
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Notes:
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