The details
Colchester Campus
Postgraduate: Level 7
Thursday 08 October 2020
Friday 18 December 2020
26 June 2019


Requisites for this module



Key module for

MSC L10012 Economics,
MSC L100EK Economics,
MSC L10112 Economics and Econometrics,
MSC L101EK Economics and Econometrics,
MSC L12012 Money and Banking,
MRESL20624 Political Economy,
MSC L14112 Economics with Data Analytics,
MECNL130 Economics,
MECNLA30 Economics (Including Placement Year),
MECNLA31 Economics (Including Year Abroad)

Module description

This is an advanced course in macroeconomics. It covers the concepts and methods of modern macroeconomics. We begin with an overview of the two main paradigms of macroeconomics: the Classical and Keynesian models. We then develop the main model to study the economy in the long run: the Solow growth model. We then study the determinants of consumption and investment, and we finish with the study of economies in an infinite horizon.

Module aims

The primary aim of this module is to equip students with the necessary tools for macroeconomic analysis. This requires close study of a few important readings. This module also aims to familiarise students with the important questions faced by macroeconomists. For some topics we will rely upon some advanced mathematics (especially, dynamic programming), which will be explained in class as we go along.

Module learning outcomes

Upon successful completion of this course, students will have acquired a grasp of the main issues and theories facing modern macroeconomists. In particular, they will be able to critically assess the role of macroeconomic policy in the short and long run.

Key employability skills delivered by the module include numeracy and ICT skills; research, information and communication skills; self-awareness, target setting, time management; reflection and evaluation. The key academic skills delivered by the module are detailed in the Key Skills table.

Module information

No additional information available.

Learning and teaching methods

One 2 hour lecture and 1 class per week. Feedback for this module will occur through class meetings where we will go over the answers to problem sets and where you will be able to ask questions about your own method of solution; answers that will be posted on the website for the module that will give you written guidance on the appropriate method to approach the problems, assignments, and tests; and office hours where any additional questions can be addressed. You should be sure that you use these methods to understand how to improve your own performance.


  • Romer, David. (2011) Advanced macroeconomics, New York: McGraw-Hill/Irwin.

The above list is indicative of the essential reading for the course. The library makes provision for all reading list items, with digital provision where possible, and these resources are shared between students. Further reading can be obtained from this module's reading list.

Assessment items, weightings and deadlines

Coursework / exam Description Deadline Weighting
Coursework   Test     
Exam  120 minutes during Summer (Main Period) (Main) 

Overall assessment

Whichever is the Greater: EITHER 50 per cent Coursework Mark, 50 per cent Exam Mark OR 100 per cent Exam Mark IF Coursework Mark is a pass or better


Whichever is the Greater: EITHER 50 per cent Coursework Mark, 50 per cent Exam Mark OR 100 per cent Exam Mark IF Coursework Mark is a pass or better

Module supervisor and teaching staff
Prof Carlos Carrillo Tudela, email:
Prof Carlos Carrillo Tudela
For further information, send a message to



External examiner

Dr Francis Kiraly
Newcastle University
Lecturer Economics
Available via Moodle
Of 33 hours, 29 (87.9%) hours available to students:
4 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).


Further information

* Please note: due to differing publication schedules, items marked with an asterisk (*) base their information upon the previous academic year.

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