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ES30026: Advanced macroeconomics

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: Honours (FHEQ level 6)
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: Reassessment not allowed
Further information on requisites Requisites: Before taking this unit you must take ES20013 and take ES20014
Further information on descriptions Description: Aims & Learning Objectives:
The aim of this course unit is to build on second year Macroeconomics and introduce topics that are the subject of recent academic research. The learning outcomes are that students will achieve (i) an understanding of the scope of modern macroeconomics and its applications, (ii) an ability to read and understand current macroeconomic literature, (iii) an ability to use advanced macroeconomics concepts in analysing specific issues and (iv) examine how recent advances in macroeconomic theory has informed UK economic policy.
By the end of the unit students will be sufficiently competent in macroeconomics to pursue a masters in Economics.

The course unit covers specific areas in macroeconomic theory, such as the foundations of macroeconomic theory, expectations in macroeconomics, theories of unemployment and inflation and monetary policy and fiscal policy. Recent advances in these topics will be covered such as the dynamics of NAIRU and the natural rate of unemployment.
Key text: Heijdra, B and Van Der Ploeg, F, 2002, Foundations of Modern Macroeconomics, OUP
Further information on programme availabilityProgramme availability:

ES30026 is Compulsory on the following programmes:

Department of Economics
  • UHES-AFB03 : BSc (hons) Economics (Full-time) - Year 3
  • UHES-AKB03 : BSc (hons) Economics (Full-time with Thick Sandwich Placement) - Year 4

ES30026 is Optional on the following programmes:

Department of Economics
  • UHES-AFB02 : BSc (hons) Economics and International Development (Full-time) - Year 3
  • UHES-AKB02 : BSc (hons) Economics and International Development (Full-time with Thick Sandwich Placement) - Year 4
  • UHES-AFB01 : BSc (hons) Economics and Politics (Full-time) - Year 3
  • UHES-AKB01 : BSc (hons) Economics and Politics (Full-time with Thick Sandwich Placement) - Year 4
School of Management
  • UMMN-AFB02 : BSc (hons) Accounting and Finance (Full-time) - Year 3
  • UMMN-AKB02 : BSc (hons) Accounting and Finance (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.