Macroeconomic Analysis: Inflation, Unemployment and Growth

Macroeconomic Analysis: Inflation, Unemployment and Growth

Year: 2018-2019
Course code: ECON4019
Course credits: 15
Taught: Semester 2
Course co-ordinator: Professor Richard Dennis
Entry requirements: Microeconomic Analysis: Games and Industry
Available to visiting students:Yes, subject to completing Microeconomic Analysis: Games and Industry or a broadly equivalent course at home institution
Contact for more informationGillian Weir

Course description

This course aims to give students a thorough grounding in undergraduate macroeconomic theory and includes theories of inflation and unemployment as outlined in the New Classical and New Keynesian Models.  In addition, the course will contain coverage of long run growth theory (including the Solow Model and the AK Model), business cycle theory and the link between the two.

Learning and teaching methods

20 hours of lectures (10 x 2 hours), Monday, 14:00-16:00, and 5 1-hour tutorials (held fortnightly at varying times).

Course texts

  • Burda, M. and Wyplosz, C. (2009). Macroeconomics: A European Text, Oxford University Press.
  • Carlin, W. and Soskice, D. (2006). Macroeconomics: Imperfections, Institutions and Policies, Oxford University Press.
  • Jones, C. (2013). Introduction to Economic Growth, New York: Norton. 
  • Heijdra, B. Foundation of Modern Macroeconomics, Oxford University Press.

Assessment

A 1-hour in-course exam (30%)
A 2-hour degree exam (April/May) (70%)