Macroeconomics 2 (L1032)
Macroeconomics 2
Module L1032
Module details for 2022/23.
15 credits
FHEQ Level 5
Module Outline
The module is concerned with two main topics. The Long Run is an introduction to how economies grow, gradually raising the standard of living, decade by decade. Once we have the basic analysis in place, we can begin to explain why there are such huge disparities in living standards around the world. Expectations is a deepening of the behavioural background to modelling saving and investment decisions, emphasising the intrinsically forward-looking nature of saving and
investment decisions and analysing the financial markets which coordinate these decisions.
Module learning outcomes
Demonstrate understanding of the core concepts and key features of the macro economy as they relate to the medium run and long run, respectively
Evaluate the consequences of economic shocks or policy interventions on macroeconomic outcomes—in particular, output, unemployment and inflation—based on the New Keynesian synthesis and the Solow growth model
Recognise limitations of the theoretical framework used and identify uncertainties around such analyses
Develop an analytical reasoning to help evaluate ideas, and demonstrate a capacity to provide economic arguments both verbally and in writing
| Type | Timing | Weighting |
|---|---|---|
| Multiple Choice questions | Semester 1 Assessment | 70.00% |
| Coursework | 30.00% | |
| Coursework components. Weighted as shown below. | ||
| Essay | T1 Week 9 | 100.00% |
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 |
|---|---|---|---|
| Autumn Semester | Lecture | 2 hours | 11111111111 |
| Autumn Semester | Seminar | 1 hour | 01111111111 |
How to read the week pattern
The numbers indicate the weeks of the term and how many events take place each week.
Dr Adrien Montalbo
Convenor
https://www.sussex.ac.uk/profiles/567103
Mr Marcelo Rodrigues dos Santos
Assess convenor
https://www.sussex.ac.uk/profiles/577563
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