Durham University
Programme and Module Handbook

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