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ECON3211: ADVANCED MACROECONOMIC THEORY

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Type	Tied
Level	3
Credits	20
Availability	Available in 2024/2025
Module Cap
Location	Durham
Department	Economics

Prerequisites

For the academic year 2024/2025: Microeconomics (ECON2021) AND Macroeconomics (ECON2011) OR Economic Theory (ECON2291). For the academic year 2025/26 onwards: Microeconomics (ECON2021) AND Macroeconomics (ECON2011)

Corequisites

None.

Excluded Combinations of Modules

None.

Aims

To develop knowledge and analytical skills in advanced macroeconomic theory, by building on the second-year macroeconomics module.
To offer students the opportunity to develop some key skills.

Content

Topics, reflecting the current state of the field, may include:
growth theory
business cycle theory
monetary theory
theoretical aspects of macroeconomic policy.

Learning Outcomes

Subject-specific Knowledge:

At the end of the module the students should:
be able to understand research contributions in macroeconomics (journal publications).
have a deep understanding of some advanced theoretical models in macroeconomics.
know some advanced analytical methods in macroeconomics and be able to recall and apply them to macroeconomic problems.

Subject-specific Skills:

At the end of the module, students should:
be able to solve macroeconomic problems at an advanced level.
be able to recall, interpret, and apply key concepts, models, and techniques used in macroeconomics.

Key Skills:

Written communication;
Planning, organisation and time management;
Problem solving and analysis;
Reading and recalling mathematically technical documents.

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

Teaching is by lectures and workshops. Learning takes place through attendance at lectures, preparation for and participation in workshops, and private study. Formative assessment to help prepare for in-person examination. Summative assessment is by means of an in-person examination.

Teaching Methods and Learning Hours

Activity	Number	Frequency	Duration	Total	Monitored
Workshops	16	8 in Term 1, 8 in Term 2	2 hours	32	Yes
Revision Lectures	2	2 in Term 3	1 hour	2
Preparation and Reading				166
Total				200

Summative Assessment

Component: Examination		Component Weighting: 100%
Element	Length / Duration	Element Weighting	Resit Opportunity
One in-person written examination	2 hours	100	Same

Formative Assessment

One written piece of work to prepare students for the summative examination.

More information

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