THE UNIVERSITY of EDINBURGH

DEGREE REGULATIONS & PROGRAMMES OF STUDY 2014/2015
- ARCHIVE as at 1 September 2014

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DRPS : Course Catalogue : School of Economics : Economics

Undergraduate Course: Topics in Macroeconomics (ECNM10069)

Course Outline
SchoolSchool of Economics CollegeCollege of Humanities and Social Science
Course typeStandard AvailabilityAvailable to all students
Credit level (Normal year taken)SCQF Level 10 (Year 3 Undergraduate) Credits20
Home subject areaEconomics Other subject areaNone
Course website None Taught in Gaelic?No
Course descriptionThis course is designed to provide a coherent development of some important topics in macroeconomic analysis at a more advanced level than that of standard intermediate courses. It thus extends and deepens the work of Economics 1 and Economics 2, bridging the gap between intermediate and graduate level courses in economics, and providing insight into some recent areas of economic research activity. Throughout there is an emphasis on the application of economic principles.

The course has a mathematical content and knowledge of calculus is assumed.

Topics covered are likely to be drawn from: public debt deficits and fiscal sustainability; development accounting and cross country income differences; global imbalances, sovereign debt and default; demographic changes and funding social security; optimal currency areas and the euro; optimal policy areas and fiscal federalism; monetary policy operating procedures and transmission mechanisms; politics and economic growth; development aid, debt and conditionality.
Entry Requirements (not applicable to Visiting Students)
Pre-requisites Co-requisites Students MUST also take: Topics in Economic Analysis 1 (ECNM10050) AND Essentials of Econometrics (ECNM10052)
Prohibited Combinations Other requirements Economics Honours entry or permission of the course organiser.
Additional Costs None
Information for Visiting Students
Pre-requisitesVisiting students should usually have at least 3 Economics courses at grade B or above (or be predicted to obtain this) for entry to this course. This MUST INCLUDE courses in both Macroeconomics and Microeconomics. We will only consider University/College level courses.
Displayed in Visiting Students Prospectus?Yes
Course Delivery Information
Delivery period: 2014/15 Semester 2, Available to all students (SV1) Learn enabled:  Yes Quota:  None
Web Timetable Web Timetable
Class Delivery Information 3 lectures per week lasting 1 hour, 4 fortnightly tutorials lasting 2 hours to be arranged in addition.
Course Start Date 12/01/2015
Breakdown of Learning and Teaching activities (Further Info) Total Hours: 200 ( Lecture Hours 20, Seminar/Tutorial Hours 10, Summative Assessment Hours 2, Programme Level Learning and Teaching Hours 4, Directed Learning and Independent Learning Hours 164 )
Additional Notes
Breakdown of Assessment Methods (Further Info) Written Exam 70 %, Coursework 30 %, Practical Exam 0 %
Exam Information
Exam Diet Paper Name Hours & Minutes
Main Exam Diet S2 (April/May)2:00
Resit Exam Diet (August)2:00
Summary of Intended Learning Outcomes
After successful completion of this course students will have developed their understanding of core principles and models used in macroeconomic analysis, and related mathematical techniques, to a level appropriate for an advanced undergraduate.

General skills developed include: critical analysis and assessment; reasoning adaptably and systematically; problem-framing and problem-solving skills; numeracy and quantitative skills; obtaining and processing information from a variety sources; presentation and communication skills; interpersonal and group skills; computer and IT skills; independent action and initiative; managing tasks and time; coping with stress.
Assessment Information
A 2 hour degree examination in April/May (70%), coursework (30%).
Special Arrangements
None
Additional Information
Academic description Not entered
Syllabus Not entered
Transferable skills Not entered
Reading list Not entered
Study Abroad Not entered
Study Pattern Not entered
KeywordsNot entered
Contacts
Course organiserDr Jan Grobovsek
Tel: (0131 6)51 3005
Email: Jan.Grobovsek@ed.ac.uk
Course secretaryMs Eirlys Armstrong
Tel: (0131 6)50 9905
Email: eirlys.armstrong@ed.ac.uk
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