ECON2002J Intermediate Macroeconomics

Academic Year 2021/2022

The principal aim of this course is to provide the student with a solid understanding of macroeconomics and related phenomena. It will ensure that students can apply macroeconomic analysis and tools to the study of economics problems.

In particular, we will:
• Understand the workings of the modern macroeconomy in the short run.
• Place emphasis on how a government can deal with economic shocks especially those that affect a small open economy.
• Emphasize the role of expectations, flexibility and the time frame in macroeconomics.





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Curricular information is subject to change

Learning Outcomes:

On successful completion of this module, students should be able to understand the main problems facing Governments and Central Banks in pursuing Macroeconomic policy objectives, with particular reference to achieving a level of economic activity which maximizes employment and at the same time achieves a low rate of inflation.

Student Effort Hours: 
Student Effort Type Hours
Lectures

28
Tutorial

14
Autonomous Student Learning

60
Total

102
Approaches to Teaching and Learning:
We will have lectures and homework assignments on policy-oriented formal economic models of the macroeconomy, focused on the short-term business cycle. 
Requirements, Exclusions and Recommendations

Not applicable to this module.


Module Requisites and Incompatibles
Not applicable to this module.
 
Assessment Strategy  
Description Timing Open Book Exam Component Scale Must Pass Component % of Final Grade
Examination: Comprehensive final examination involving knowledge of macroeconomic terms and ability to solve mathematical models. The exam will also include multiple choice questions. 2 hour End of Trimester Exam No Alternative linear conversion grade scale 40% No

70
Continuous Assessment: Multiple choice questions on macroeconomic knowledge and model analysis, as well as problems that students have to solve. Week 9 n/a Alternative linear conversion grade scale 40% No

30

Carry forward of passed components
Yes
 
Resit In Terminal Exam
Summer Yes - 2 Hour
Please see Student Jargon Buster for more information about remediation types and timing. 
Feedback Strategy/Strategies

• Group/class feedback, post-assessment

How will my Feedback be Delivered?

Solutions to midterm and homework assignments will be provided and discussed in class.