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ECON20532 Macroeconomic Analysis 4

Important Information

Pre-requisite(s): ECON20521

Resits

Please note that if you fail to pass this course as a whole, you will be required to resit all examined components of the course in the August resit examination period.

Communication

Students must read their University e-mails and the course unit's Blackboard page regularly, as important course announcements will be communicated in this way.

1. Aims, Objectives and Skills

Aims

The unit aims to introduce students to theories and models of modern macroeconomics and monetary theory, with particular attention to the role played by money and prices in an economy. Students will learn to use a unified theoretical framework to address important questions in macroeconomics and will develop a deep understanding of the role of money, banks and financial intermediation in the economy.

Intended Learning Outcomes

At the end of the course student should have developed an understanding of key aspects of modern macroeconomic theory and policy.

Employability Skills

Intellectual skills: critical thinking; problem posing and solving, synthesis and analysis of data and information; critical reflection and evaluation.

Practical skills: using library; electronic and online resources.

Transferable skills: information retrieval; numeracy; time management.

2. Semester Plan

See Blackboard

3. Syllabus and Reading List

Textbook: Bruce Champ, Scott Freeman and Joseph Haslag, Modeling Monetary Economies. Cambridge University Press, 4^th Edition. (MME)

Note: there is now a 5^th Edition available. The content is largely unchanged, but the numbering of chapters slightly changes. If you use the 5^th Edition, refer to the Chapters titles corresponding to those of the 4^th Edition.