Postgraduate Course: Macroeconomics 1 (ECNM11024)
Course Outline
| School |
School of Economics |
College |
College of Humanities and Social Science |
| Course type |
Standard |
Availability |
Available to all students |
| Credit level (Normal year taken) |
SCQF Level 11 (Postgraduate) |
Credits |
20 |
| Home subject area |
Economics |
Other subject area |
None |
| Course website |
http://www.sgpe.ac.uk/ |
|
|
| Course description |
The aim of this module is to introduce you to the theoretical analysis of growth, economic fluctuations and the role of money. By the end of the module you should be able to outline and manipulate a number of popular theoretical models, derive and analyse the relevant policy conclusions implied by them, and refer to the available evidence. |
Entry Requirements
| Pre-requisites |
Students MUST have passed:
|
Co-requisites |
|
| Prohibited Combinations |
|
Other requirements |
Must be registered for MSc Economics (C0180) & MSc Economics (Finance)(C0182) or by special permission of the Programme Director
|
| Additional Costs |
None |
Course Delivery Information
|
| Delivery period: 2010/11 Semester 1, Available to all students (SV1)
|
WebCT enabled: Yes |
Quota: None |
| Location |
Activity |
Description |
Weeks |
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
| Central | Lecture | | 1-11 | | | 14:00 - 15:50 | | | | Central | Lecture | | 1-11 | | | 10:00 - 12:00 | | |
| First Class |
First class information not currently available |
Summary of Intended Learning Outcomes
Knowledge and understanding of the main aspects of the Classical, Keynesian (and New Keynsian), Monetarist and New Classical macromodels, focusing on explanations provided for macroeconomic fluctuations and policy effectiveness.
Knowledge and understanding of the stylized facts of long-run economic growth, of the models in which the driving forces of growth are both exogenously and endogenously determined and of the empirics of growth in the long-run.
Knowledge and understanding of the relationship between real and nominal variables via the introduction of money in the New Classical (flexible price) and New Keynesian (sticky price) models and of policy problems including time inconsistency.
|
Assessment Information
| The final examination in the April / May diet counts for 70 per cent of the total grade. The remaining 30 per cent of the final grade comes from a three-hour class test in December. |
| Please see Visiting Student Prospectus website for Visiting Student Assessment information |
Special Arrangements
| Not entered |
Contacts
| Course organiser |
Dr Richard Holt
Tel: (0131 6)50 8350
Email: Richard.Holt@ed.ac.uk |
Course secretary |
Ms Marie Craft
Tel: (0131 6)51 1764
Email: marie.craft@ed.ac.uk |
|
copyright 2010 The University of Edinburgh -
1 September 2010 5:49 am
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