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ES50072: Economic theory & applications 2

Follow this link for further information on academic years Academic Year: 2014/5
Further information on owning departmentsOwning Department/School: Department of Economics
Further information on credits Credits: 6
Further information on unit levels Level: Masters UG & PG (FHEQ level 7)
Further information on teaching periods Period: Semester 2
Further information on unit assessment Assessment Summary: EX 100%
Further information on unit assessment Assessment Detail:
Further information on supplementary assessment Supplementary Assessment: ES50072A RESIT EXAM (where allowed by programme regulations)
Further information on requisites Requisites: Before taking this unit you must take ES50071
Further information on descriptions Description: Aims:
To provide understanding of recent developments in economic theory.
To help students to achieve competence in the use of theoretical tools of economic analysis.
To help students achieve critical understanding of recent research.

Learning Outcomes:
Students should be able to:
* Demonstrate awareness and understanding of recent advances in micro and macro economics;
* Apply advanced theoretical tools in a variety of applied settings;
* Pursue post-graduate research and policy-oriented work.

Ability to develop rigorous arguments.
Ability to select, summarise and synthesise written information from multiple sources.
Ability to select and use appropriate ideas to produce a coherent response to a question.
Concise and effective written communication.

General Equilibrium, Game Theory (Static and Dynamic Games, Perfect and Imperfect Information Games), Bargaining and Auctions, Macroeconomic Analysis of Goods Labour and Financial Markets, Inter-temporal Aspects of Consumption and Investment, Unemployment Inflation and Expectations.
Further information on programme availabilityProgramme availability:

ES50072 is Compulsory on the following programmes:

Department of Economics

ES50072 is Optional on the following programmes:

Department of Economics
* This unit catalogue is applicable for the 2014/15 academic year only. Students continuing their studies into 2015/16 and beyond should not assume that this unit will be available in future years in the format displayed here for 2014/15.
* 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.