Durham University
Programme and Module Handbook

Undergraduate Programme and Module Handbook 2023-2024

Module ECON3211: ADVANCED MACROECONOMIC THEORY

Department: Economics

ECON3211: ADVANCED MACROECONOMIC THEORY

Type Open Level 3 Credits 20 Availability Available in 2023/24 Module Cap Location Durham

Prerequisites

  • Microeconomics (ECON2021) AND Macroeconomics (ECON2011) OR Economic Theory (ECON2291)

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

  • 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 tutorial classes, and private study. Formative assessment to help prepare for in-person exam. Summative assessment is by means of an in-person examination.

Teaching Methods and Learning Hours

Activity Number Frequency Duration Total/Hours
Lectures 20 1 Per Week 1 Hour 20
Workshops 10 5 in Term 1, 5 in Term 2 1 Hour 10
Revision Lectures 2 2 in Term 3 1 Hour 2
Preparation and Reading 168
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 exam.


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