EC201-6-FY-CO:
Macroeconomics (Intermediate)
2021/22
Economics
Colchester Campus
Full Year
Undergraduate: Level 6
Current
Thursday 07 October 2021
Friday 01 July 2022
30
30 September 2021
Requisites for this module
(none)
(none)
(none)
(none)
EC324, EC368
The module will familiarize the student with the tools of macroeconomic analysis and show how these tools can be applied in macro-policy issues.
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:
1. Build alternative macroeconomic models;
2. Apply analytical reasoning to derive and compare their main predictions; 3. Conceptualize actual macroeconomic questions by means of these models; 4. Evaluate critically alternative macroeconomic policies.
The module contributes towards the key skills of problem solving, numeracy, communication, and time management. Employability skills include:
1. Academic skills: literacy, numeracy and ICT skills, research, information and communication skills.
2. Professional working skills: adaptability; flexibility, decision-making.
3. External awareness: knowledge of work, creativity and originality.
4. Personal development planning: Time management, target setting and action planning, self management, reflection and evaluation.
No additional information available.
2 lecture hours per week, weeks 2-11, 16-25,
1 class per week, weeks 3-11, 16-25, 30.
This module does not appear to have a published bibliography for this year.
Assessment items, weightings and deadlines
| Coursework / exam |
Description |
Deadline |
Coursework weighting |
| Coursework |
Autumn Term Test via Moodle 26/11/2021 - see Timetable for time |
|
50% |
| Coursework |
Spring Term Test via Moodle 14/02/2022 - see Timetable for time |
|
50% |
| 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
Prof Carlos Carrillo Tudela, email: cocarr@essex.ac.uk.
Mr Lukas Mayr, email: lukas.mayr@essex.ac.uk.
Prof Gianluigi Vernasca, email: gvern@essex.ac.uk.
Lecture: Prof Gianluigi Vernasca (Autumn), Prof Carlos Carrillo Tudela (Autumn) & Lukas Mayr (Spring) / Classes: various teachers
For further information, send an email message to ueco@essex.ac.uk.
No
Yes
No
Mr Pedro David Matos Serodio
Available via Moodle
Of 130 hours, 122 (93.8%) hours available to students:
3 hours not recorded due to service coverage or fault;
2 hours not recorded due to opt-out by lecturer(s), module, or event type.
Economics
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