Course Details in

Module Title	LM Macroeconomics
School	Birmingham Business School
Department	Birmingham Business School
Module Code	08 06718
Module Lead	Prof Peter Sinclair
Level	Masters Level
Credits	30
Semester	Full Term
Pre-requisites
Co-requisites
Restrictions	None
Exclusions	none
Description	To investigate the time paths of consumption, output, capital, labour, factor prices and real money, under the assumption of intertemporal optimisation; traditional and endogenous growth theories; public policy implications.
Learning Outcomes	By the end of the module the student should be able to: Have a thorough understanding of substantial parts of the modern macroeconomic theory of the closed economy.
Assessment	06718-01 : January test (PJNS) : Class Test (15%) 06718-02 : January test (CG) : Class Test (15%) 06718-03 : Spring term test (JF) : Class Test (15%) 06718-04 : Exam : Exam (Centrally Timetabled) - Written Unseen (55%)
Assessment Methods & Exceptions	One 3hr written examination (55%); two 1hr tests (30%); one 1,500 word essay (15%) for the full three modules
Other	None
Reading List	Barro, R. and Sala-i-Martin, Economic Growth; Romer, D. Advanced Macroeconomics;