Advanced Macroeconomics (L1059)

15 credits, Level 5

Spring teaching

On this module, you’ll complete the macroeconomics sequence by exploring advanced topics in macroeconomic policy and international economics. Key areas include:

  • the policy implications of rational expectations
  • the macroeconomy in the context of international trade and capital movements
  • monetary and fiscal policy under fixed and flexible exchange rates
  • issues influencing the choice of exchange-rate regimes
  • major macroeconomic problems, including hyperinflation, persistent unemployment, and exchange-rate crises.

The module finishes by integrating these analyses to examine the design and operation of effective macroeconomic policies.

Teaching

69%: Lecture
31%: Seminar

Assessment

30%: Coursework (Project)
70%: Examination (Computer-based examination)

Contact hours and workload

This module is approximately 150 hours of work. This breaks down into about 33 hours of contact time and about 117 hours of independent study. The University may make minor variations to the contact hours for operational reasons, including timetabling requirements.

We regularly review our modules to incorporate student feedback, staff expertise, as well as the latest research and teaching methodology. We’re planning to run these modules in the academic year 2024/25. However, there may be changes to these modules in response to feedback, staff availability, student demand or updates to our curriculum.

We’ll make sure to let you know of any material changes to modules at the earliest opportunity.