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Module Title
LH Advanced Macroeconomics
School
Birmingham Business School
Department
Economics
Module Code
08 32044
Module Lead
TBC
Level
Honours Level
Credits
20
Semester
Semester 2
Pre-requisites
Co-requisites
Restrictions
None
Exclusions
Description
This module builds on the main macroeconomic models studied at Level I. The first part of the module will be concerned with macroeconomic developments in the long run and discusses in a theoretical and empirical context topics such as exogenous and endogenous growth as well as structural unemployment and structural change. The second part will focus on the macro-economy in the short run. This includes discussion of empirical business cycle facts and the development of an appropriate framework which allows for the discussion of topical issues such as the short run effects of fiscal policy, unemployment fluctuations and exchange rate dynamics.
Learning Outcomes
By the end of the module, students should be able to;
analyse the theoretical models of modern macroeconomics research to discuss the main issues relating to business cycles and long-run growth;
analyse issues relating to business cycles and long-run growth both in the UK and in the wider international economy;
appraise selected papers from professional journals
Assessment
32044-01 : Coursework : Coursework (25%)
32044-02 : Class test : Class Test (25%)
32044-03 : Exam : Exam (Centrally Timetabled) - Written Unseen (50%)
Assessment Methods & Exceptions
1-hour class test (25%), coursework assignment (25%), 2-hour final exam (50%)