EC324-6-AU-CO:
Macroeconomics (Advanced)
2019/20
Economics
Colchester Campus
Autumn
Undergraduate: Level 6
Current
Thursday 03 October 2019
Saturday 14 December 2019
15
20 September 2019
Requisites for this module
EC201
(none)
(none)
(none)
(none)
BA L100SK Economics,
BSC L101SK Economics
The module is intended to complement and extend the material covered in intermediate macroeconomics. There is a particular focus on the data of macroeconomics. We will cover the measurement of output in the national accounts; prices; wages and unemployment; productivity. We will discuss the difficulties in measuring these aspects of the economy; how economic data are used to test alternative macroeconomic theories discussed in intermediate macroeconomics; how economic data support macroeconomic policy making; and how different decisions about measurement can lead to different conclusions about the function of economies or the appropriate path of economic policy. Key ideas in the module will be illustrated with reference to recent events and current policy debates.
This module aims to give students an understanding of the main types of economic data; how those data are collected, constructed and used.
Upon successful completion of this module, students will be able to approach macroeconomic data critically, and to evaluate the strength of empirical evidence for macroeconomic theories and macroeconomic policy positions.
Students completing the module will have developed their analytical reasoning and conceptualization skills; gained facility with the interpretation of mathematics and statistics; gained further experience with the world wide web, as well as in surveying and summarising scientific literature, and in the written presentation of material.
They may also work together in teams to complete the problem sets.
No additional information available.
Two 1-hour lectures and 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 moodle that will give you written guidance on the appropriate method to approach the problems on the problem sets, midterm tests and mock final; and academic support 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.
Lecture notes, problem sets, mock final and feedback (including solutions) are made available online via Moodle.
- François Lequiller; Derek W. Blades. (2014) Understanding national accounts, Paris: OECD.
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 - Monday 11th November 18:00 |
|
|
| 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
Reassessment
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
Lectures & classes: Miguel Gavilan Rubio
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 32 hours, 30 (93.8%) hours available to students:
2 hours not recorded due to service coverage or fault;
0 hours not recorded due to opt-out by lecturer(s).
Economics
Disclaimer: The University makes every effort to ensure that this information on its Module Directory is accurate and up-to-date. Exceptionally it can
be necessary to make changes, for example to programmes, modules, facilities or fees. Examples of such reasons might include a change of law or regulatory requirements,
industrial action, lack of demand, departure of key personnel, change in government policy, or withdrawal/reduction of funding. Changes to modules may for example consist
of variations to the content and method of delivery or assessment of modules and other services, to discontinue modules and other services and to merge or combine modules.
The University will endeavour to keep such changes to a minimum, and will also keep students informed appropriately by updating our programme specifications and module directory.
The full Procedures, Rules and Regulations of the University governing how it operates are set out in the Charter, Statutes and Ordinances and in the University Regulations, Policy and Procedures.