Undergraduate Programme and Module Handbook 2010-2011 (archived)

Module ECON3211: ADVANCED MACROECONOMIC THEORY

Department: Economics, Finance and Business (Economics and Finance)

ECON3211: ADVANCED MACROECONOMIC THEORY

Type	Open	Level	3	Credits	20	Availability	Available in 2010/11	Module Cap	None.	Location	Durham

Prerequisites

Economic Principles I: Macroeconomics (ECON2011) AND Economic Principles II: Microeconomics.

Corequisites

None.

Excluded Combination 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

Advanced topics in macroeconomics drawn from growth theory, business cycle theory, monetary theory, and applications.
The course will give students training in a) reading advanced research contributions, b) formulating own research questions, c) solving economic problems at an advanced level.
The students will develop skills necessary for conducting research at advanced level.

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 had the opportunity to formulate their own research questions.

Subject-specific Skills:

be able to solve macroeconomic problems at an advanced level.

Key Skills:

Written communication -through summative assessment.
Planning, organisation and time management - e.g. by preparing for classes; observing the strict assignment deadlines; downloading before the relevant lectures any OHPs from DUO; revising relevant material before lectures; preparing for examinations.
Problem solving and analysis - e.g. by preparing for examinations

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

Teaching is by lectures and tutorials. Learning takes place through attendance at lectures, preparation for and participation in tutorial classes, and private study. Formative assessment is by means of one written exercise. Summative assessment is by means of a written examination.

Teaching Methods and Learning Hours

Activity	Number	Frequency	Duration	Total/Hours
Lectures	22	1 Per Week	1 Hour	22
Seminars	8	Fortnightly	1 Hour	8	■
Preparation and Reading				170
Total				200

Summative Assessment

Component: Examination		Component Weighting: 100%
Element	Length / duration	Element Weighting	Resit Opportunity
One written examination	2 hours 15 minutes	100%

Formative Assessment:

One written exercise.

■ Attendance at all activities marked with this symbol will be monitored. Students who fail to attend these activities, or to complete the summative or formative assessment specified above, will be subject to the procedures defined in the University's General Regulation V, and may be required to leave the University