Advanced Macroeconomics

Advanced Macroeconomics

Year2018-19
Course code: ECON4040
Course credits: 15
Taught: Semester 2 
Course co-ordinator: Professor Jim Malley
Entry requirements: Normally admission to an honours programme in Economics.  Students are advised to take this course in their final year because it assumes knowledge of material contained in Microeconomic Analysis and Macroeconomic Analysis
Available to visiting students: Yes, subject to completion of courses broadly equivalent in level and content to Macroeconomic Analysis and Microeconomic Analysis
Contact for more information: Gillian Weir

Course description

With the ultimate aim of understanding the causes and consequences of fluctuations in macroeconomic activity, this course sets out the micro-foundations of modern macroeconomic theory by analysing the optimising choices of households, firms and the government in the markets for goods, labour, capital and public bonds. This is achieved in a general equilibrium framework by examining the interaction in all markets simultaneously.

Learning and teaching methods

20 hours of lectures (10 x 2 hours) combining lectures and class discussion, Tuesday, 11:00-13:00

Seminars for presentations

Course texts

Gillman, M. (2011). Advanced Modern Macroeconomics, London: Pearson Publishing

Assessment

Two 30 minute presentations (15% each)
A 2-hour degree exam (April/May) (70%)