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ES20014: Intermediate macroeconomics 2

Follow this link for further information on academic years Academic Year: 2013/4
Further information on owning departmentsOwning Department/School: Department of Economics
Further information on credits Credits: 6
Further information on unit levels Level: Intermediate (FHEQ level 5)
Further information on teaching periods Period: Semester 2
Further information on unit assessment Assessment: CW 30%, EX 70%
Further information on supplementary assessment Supplementary Assessment: ES20014 - Resit Examination (where allowed by programme regulations)
Further information on requisites Requisites: Before taking this unit you must take ES20013
Further information on descriptions Description: Aims:

* To develop further students' understanding of macroeconomic theory.
* To use macroeconomic models to interpret policy problems and questions.
* To be aware of the main contributions of the leading schools of macroeconomic thought.
* To be introduced to economic dynamics and the related equilibrium concepts.
* To use the knowledge gained to study Macroeconomics at an advanced level.

Learning Outcomes:
At the end of the course unit, students should be able to:
* Understand, manipulate and use for policy analysis a series of dynamic economic models.
* Use their knowledge of theory to interpret problems in macroeconomic policy making.
* Solve problems under exam conditions from the material taught in the lectures and classes.

Use and analysis of economic data; problem-solving; expressing understanding of macroeconomic theory and policy in written form through an end-of-semester examination and coursework.

Economic dynamics; phase and cobweb diagrams; dynamic equilibrium concepts; growth theory; dynamics of the wealth distribution; theories of involuntary unemployment; alternative theories of the consumption function; determinants of investment spending. Key texts: Blanchard, O. (2006), Macroeconomics (4th edition), Prentice¬≠Hall; Gärtner, M. (2003), Macroeconomics, Prentice¬≠Hall.
Further information on programme availabilityProgramme availability:

ES20014 is Compulsory on the following programmes:

Department of Economics
  • UHES-AFB03 : BSc (hons) Economics (Full-time) - Year 2
  • UHES-AKB03 : BSc (hons) Economics (Full-time with Thick Sandwich Placement) - Year 2

ES20014 is Optional on the following programmes:

Department of Economics
  • UHES-AFB02 : BSc (hons) Economics and International Development (Full-time) - Year 2
  • UHES-AKB02 : BSc (hons) Economics and International Development (Full-time with Thick Sandwich Placement) - Year 2
  • UHES-AFB01 : BSc (hons) Economics and Politics (Full-time) - Year 2
  • UHES-AKB01 : BSc (hons) Economics and Politics (Full-time with Thick Sandwich Placement) - Year 2
School of Management
  • UMMN-AFB02 : BSc (hons) Accounting and Finance (Full-time) - Year 2
  • UMMN-AKB02 : BSc (hons) Accounting and Finance (Full-time with Thick Sandwich Placement) - Year 2
Department of Politics, Languages and International Studies
  • UHPL-AAB10 : BSc (hons) Politics with Economics (Full-time with Study Year Abroad) - Year 4
  • UHPL-AFB10 : BSc (hons) Politics with Economics (Full-time) - Year 3
  • UHPL-AKB10 : BSc (hons) Politics with Economics (Full-time with Thick Sandwich Placement) - Year 4

* This unit catalogue is applicable for the 2013/4 academic year only. Students continuing their studies into 2014/15 and beyond should not assume that this unit will be available in future years in the format displayed here for 2013/14.
* Programmes and units are subject to change at any time, in accordance with normal University procedures.
* Availability of units will be subject to constraints such as staff availability, minimum and maximum group sizes, and timetabling factors as well as a student's ability to meet any pre-requisite rules.