Advanced Macroeconomics (L1059)
Advanced Macroeconomics
Module L1059
Module details for 2019/20.
15 credits
FHEQ Level 5
Module Outline
The module completes the macroeconomics sequence, starting with a consideration of the policy implications of rational expectations. The macroeconomy is then opened up to international trade and capital movements: the operation of monetary and fiscal policies and the international transmission of disturbances under fixed and flexible exchange rates are contrasted, and the issues bearing on the choice of exchange-rate regime are explored. The major macroeconomic problems of hyperinflation, persistent unemployment, and exchange-rate crises are examined. The module concludes by drawing together the implications of the analysis for the design and operation of macroeconomic policy.
Module learning outcomes
Have demonstrated systematic understanding of the principles at the forefront of economics
Be able to use the power of abstraction to focus upon the essential features of an economic problem and to provide a systematic framework for the coherent and critical evaluation of the effects of policy or other exogenous events.
Be able to analyse an economic problem or issue using an appropriate theoretical framework, recognise its limitations and appreciate uncertainties around such analyses.
Have learned to understand the importance of, and be able to construct, rigorous argument to help evaluate ideas, including those at the forefront of research.
| Type | Timing | Weighting |
|---|---|---|
| Coursework | 20.00% | |
| Coursework components. Equal weighting for all components. | ||
| Observation | T2 Week 9 | |
| Take Away paper | Semester 2 Assessment | 80.00% |
Timing
Submission deadlines may vary for different types of assignment/groups of students.
Weighting
Coursework components (if listed) total 100% of the overall coursework weighting value.
| Term | Method | Duration | Week pattern |
|---|---|---|---|
| Spring Semester | Seminar | 1 hour | 01111111111 |
| Spring Semester | Lecture | 1 hour | 21212121212 |
How to read the week pattern
The numbers indicate the weeks of the term and how many events take place each week.
Prof Sambit Bhattacharyya
Assess convenor, Convenor
https://www.sussex.ac.uk/profiles/277277
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