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ECON3027J

Academic Year 2023/2024

Advanced Macroeconomics (ECON3027J)

Subject:
Economics
College:
Social Sciences & Law
School:
Economics
Level:
3 (Degree)
Credits:
5
Module Coordinator:
Dr Constantin Burgi
Trimester:
Spring
Mode of Delivery:
On Campus
Internship Module:
No
How will I be graded?
Letter grades
Campus of Delivery:
BDIC(UCD) Beijing

Curricular information is subject to change.

This module covers a range of different topics in macroeconomics and will be taught in three parts. The first part expands on traditional IS-LM analysis to cover monetary policy rules, inflation expectations, and the liquidity trap. The second part discusses topics related to the theory of rational expectations, including applications to asset pricing, consumption, and exchange rates. The final part covers theories of long-run economic growth.

About this Module

Learning Outcomes:

Following completion of the course and its predecessors, students will be familiar with most of the key of concepts relating to macroeconomics. They will be in a position to understand and comment critically on a wide range of macroeconomic issues. They will have expertise in modern Keynesian macroeconomics, in the issues raised by models based on rational expectations and the determinants of long-run economic growth. Students will be capable of interpreting macroeconomic models using both graphical and algebraic techniques.

Indicative Module Content:

Topics include:
- The IS-MP-PC Model
- Zero Lower Bound and the Liquidity Trap
- Rational Expectations Theory and Applications
- Theories of Economic Growth

Student Effort Hours:
Student Effort Type Hours
Lectures

24
Tutorial

12
Autonomous Student Learning

80
Total

116

Approaches to Teaching and Learning:
Lectures will include elements of tutorials.
Sample exercises for each topic will allow students to self-assess their knowledge and study in groups.

Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Required:
BDIC1047J - English for Uni Studies BDIC, BDIC1048J - English Gen Acad Purposes BDIC, BDIC2007J - English for Spec Acad Purposes, BDIC2015J - Acad Wrt & Comm Skills


 

Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade In Module Component Repeat Offered
Continuous Assessment: Midterm, quizzes Unspecified n/a Alternative linear conversion grade scale 40% No

50

 No
Examination: Final Exam 2 hour End of Trimester Exam No Alternative linear conversion grade scale 40% No

50

 No

Carry forward of passed components
No
 

Remediation Type Remediation Timing
In-Module Resit Prior to relevant Programme Exam Board
Please see Student Jargon Buster for more information about remediation types and timing. 

Feedback Strategy/Strategies

• Self-assessment activities

How will my Feedback be Delivered?

Sample exercises with solutions will be provided on a regular basis.

Name Role
Haochi Chen Tutor
Kira Finan Tutor
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