EC201-5-FY-CO:
Macroeconomics (Intermediate)
2016/17
Economics
Colchester Campus
Full Year
Undergraduate: Level 5
Current
30
01 August 2002
Requisites for this module
EC111 or IA151 or IA153
(none)
(none)
(none)
EC324, EC368
BSC N233 Actuarial Science (Including Placement Year),
BSC N323 Actuarial Science,
BSC N324 Actuarial Science (Including Year Abroad),
BSC N325 Actuarial Science (Including Foundation Year),
BA 0F66 Economics (Including Placement Year),
BA L100 Economics,
BA L102 Economics (Including Foundation Year),
BA L106 Economics (Including Year Abroad),
BSC 0E45 Economics (Including Placement Year),
BSC L101 Economics,
BSC L103 Economics (Including Foundation Year),
BSC L107 Economics (Including Year Abroad),
BSC L1G2 Economics and Mathematics (Including Placement Year),
BSC LG11 Economics and Mathematics,
BSC LG1C Economics and Mathematics (Including Year Abroad),
BSC L1G1 Economics with Mathematics,
BSC L1G3 Economics with Mathematics (Including Placement Year),
BSC L1GC Economics with Mathematics (Including Year Abroad),
BA 5A84 Financial Economics (Including Placement Year),
BA L111 Financial Economics,
BA L118 Financial Economics (Including Foundation Year),
BA L195 Financial Economics (Including Year Abroad),
BSC 0Q64 Financial Economics (Including Placement Year),
BSC L114 Financial Economics,
BSC L117 Financial Economics (Including Foundation Year),
BSC L194 Financial Economics (Including Year Abroad),
BA 9O47 International Economics (Including Placement Year),
BA L115 International Economics,
BA L160 International Economics (Including Foundation Year),
BA L163 International Economics (Including Year Abroad),
BSC 5H18 International Economics (Including Placement Year),
BSC L116 International Economics,
BSC L161 International Economics (Including Foundation Year),
BSC L162 International Economics (Including Year Abroad),
BA 9L11 Management Economics (Including Placement Year),
BA L108 Management Economics,
BA L190 Management Economics (Including Foundation Year),
BA L192 Management Economics (Including Year Abroad),
BSC 5M00 Management Economics (Including Placement Year),
BSC L109 Management Economics,
BSC L191 Management Economics (Including Foundation Year),
BSC L193 Management Economics (Including Year Abroad)
National income accounting; theories of growth; the government budget, fiscal and monetary policies in the short-run; balance of payments and exchange rates; international monetary regimes and domestic stabilization policies; wage-price flexibility and adjustment to macroeconomic shocks; unemployment, inflation, and the natural rate; monetary policy, dynamic inconsistency, and credibility; microfoundations of sticky wages and prices; microfoundations of aggregate consumption; the quantity theory of money and monetarism.
The aim of the module is to familiarize the student with the tools of macroeconomic analysis and show how these tools can be applied in macro-policy issues. Upon successful completion of the course students should be able to build alternative macroeconomic models; apply analytical reasoning to derive and compare their main predictions; conceptualize actual macroeconomic questions by means of these models; and evaluate critically alternative macroeconomic policies.
The module contributes towards the key skills of problem solving, numeracy, communication, and time management.
Employability skills include: Academic skills: literacy, numeracy and ICT skills, research, information and communication skills. Professional working skills: adaptability; flexibility, decision-making.
External awareness: knowledge of work, creativity and originality.
Personal development planning: Time management, target setting and action planning, self management, reflection and evaluation.
No information available.
No information available.
Coursework consists of one test and one assignment, the average of which equals the "coursework mark" for EC201.
Compulsory for:
Year 2 Economics students
2 lecture hours per week, weeks 2-11, 16-25,
1 class per week, weeks 3-11, 16-25, 30.
Assessment items, weightings and deadlines
| Coursework / exam |
Description |
Deadline |
Coursework weighting |
| Coursework |
EC201 Assignment |
|
|
| Written Exam |
EC201 Test |
|
|
| Exam |
Main exam: 180 minutes during Summer (Main Period)
|
Exam format definitions
- Remote, open book: Your exam will take place remotely via an online learning platform. You may refer to any physical or electronic materials during the exam.
- In-person, open book: Your exam will take place on campus under invigilation. You may refer to any physical materials such as paper study notes or a textbook during the exam. Electronic devices may not be used in the exam.
- In-person, open book (restricted): The exam will take place on campus under invigilation. You may refer only to specific physical materials such as a named textbook during the exam. Permitted materials will be specified by your department. Electronic devices may not be used in the exam.
- In-person, closed book: The exam will take place on campus under invigilation. You may not refer to any physical materials or electronic devices during the exam. There may be times when a paper dictionary,
for example, may be permitted in an otherwise closed book exam. Any exceptions will be specified by your department.
Your department will provide further guidance before your exams.
Overall assessment
Reassessment
Module supervisor and teaching staff
Dr Gianluigi Vernasca, Dr Jordan Marcusse
For further information, send an email message to ueco@essex.ac.uk.
Yes
Yes
No
Prof Aditya Goenka
The University of Birmingham
Chair
Available via Moodle
Of 278 hours, 184 (66.2%) hours available to students:
7 hours not recorded due to service coverage or fault;
87 hours not recorded due to opt-out by lecturer(s).
Economics
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