Macroeconomics

EMEC031H6
(EMEC011S6 for BSc Statistics & Economics/ BSc Financial Economics)
(30 credits)
Full-time and Part-time Year 2
Spring Term

Course Lecturer: Stephen Wright

Aims

Macroeconomics is the part of economics that studies the behaviour of the economic system as a whole. This course aims to develop a macroeconomic framework, to provide microfoundations for macro relationships, to emphasize interactions within economies, and to examine some topical issues in policy design.

Learning Outcomes

On successful completion of the course, students will be able to demonstrate that they can:

  • form their own economic view on current macroeconomic problems;
  • understand the interrelationships between different macroeconomic policies;
  • understand macroeconomic data and statistical relationships;
  • present macroeconomic analysis both verbally and in written form;
  • construct and write answers to macroeconomic analytical questions;
  • undertake further study in the different areas of macroeconomics such as international finance, monetary economics, growth theory, etc.

Assessment

An in-class test in the Spring term counts for 20% and a three-hour examination counts for 80%. If the mark in your final examination is higher than the mark in the mid-term test, the marks for the mid-term test will be discarded, and your final grade will come entirely from the final examination.

Required reading (course text)

Recommended Reading

Department of Economics, Mathematics and Statistics, Birkbeck, University of London, Malet St, London WC1E 7HX.