Not available in 2020/21
EC1B1 Half Unit
Macroeconomics I
This information is for the 2020/21 session.
Teacher responsible
To be confirmed.
Availability
This course is available on the BSc in Econometrics and Mathematical Economics and BSc in Economics. This course is not available as an outside option nor to General Course students.
Pre-requisites
Economics (EC1P1)
Course content
This course builds on the knowledge learned in EC1P1. You will learn to characterize and understand the economic performance of economies and in particular why economic developments vary over time (business cycles) and why long-term economic developments differ across countries (economic growth). Other topics are unemployment, inequality, inflation, and financial crises. We will apply the tools developed in the course to historical and contemporary events and discuss the role for monetary and fiscal policy. An important aspect of the course is that you have to write a policy brief and produce an accompanying presentation. This will help you acquire a deeper understanding of the material.
Teaching
20 hours of lectures and 10 hours of classes in the LT.
Formative coursework
There are weekly assignments and feedback will be given on two.
Indicative reading
- Economics – Daron Acemoglu, David I. Laibson, and John A. List.
- Macroeconomics, Gregory Mankiw.
Assessment
Exam (75%, duration: 3 hours) in the summer exam period.
Coursework (25%, 1500 words).
The coursework constitutes a policy brief (1500 words). This is a group project.
Important information in response to COVID-19
Please note that during 2020/21 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the situation of students in attendance on campus and those studying online during the early part of the academic year. For assessment, this may involve changes to mode of delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.
Key facts
Department: Economics
Total students 2019/20: Unavailable
Average class size 2019/20: Unavailable
Capped 2019/20: No
Value: Half Unit
Personal development skills
- Self-management
- Team working
- Problem solving
- Application of information skills
- Communication
- Application of numeracy skills
- Specialist skills
