Undergraduate Programme and Module Handbook 2024-2025
Module ECON3211: ADVANCED MACROECONOMIC THEORY
Department: Economics
ECON3211: ADVANCED MACROECONOMIC THEORY
| Type | Tied | Level | 3 | Credits | 20 | Availability | Available in 2024/2025 | Module Cap | Location | Durham |
|---|
| Tied to | L100 |
|---|---|
| Tied to | L106 |
| Tied to | L109 |
| Tied to | L103 |
| Tied to | L104 |
| Tied to | L105 |
| Tied to | LL12 |
| Tied to | LL02 |
| Tied to | LL01 |
| Tied to | L1R1 |
| Tied to | VL52 |
| Tied to | VLL6 |
| Tied to | VLLA |
| Tied to | CFG0 |
| Tied to | FGC0 |
| Tied to | CFG1 |
| Tied to | FGC1 |
| Tied to | CFG2 |
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 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 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/Hours | |
|---|---|---|---|---|---|
| Workshops | 16 | 8 in Term 1, 8 in Term 2 | 2 hours | 32 | ■ |
| 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.
■ 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