Macroeconomics 2 (L1032)

15 credits, Level 5

Autumn teaching

On this module, you’ll focus on two main topics.

The first is ‘The Long Run’, where you’ll explore how economies grow and gradually raise the standard of living, decade by decade. Once the basic analysis is in place, you’ll examine why there are such huge disparities in living standards around the world.

The second is ‘Expectations’, where you’ll gain a deeper understanding of the behavioural background to modelling saving and investment decisions. You’ll learn how this emphasises the intrinsically forward-looking nature of saving and investment decisions. You’ll then analyse the financial markets which coordinate these decisions.

We regularly review our modules to incorporate student feedback, staff expertise, as well as the latest research and teaching methodology. We’re planning to run these modules in the academic year 2026/27. However, there may be changes to these modules in response to feedback, staff availability, student demand or updates to our curriculum.

We’ll make sure to let you know of any material changes to modules at the earliest opportunity.

Courses

This module is offered on the following courses:

• Economics (with a professional placement year) BA
• Economics (with a professional placement year) BSc
• Economics BA
• Economics BSc
• Economics and Data Science (with a professional placement year) BSc
• Economics and Data Science BSc
• Economics and Finance (with a professional placement year) BSc
• Economics and Finance BSc
• Economics and Management Studies (with a professional placement year) BSc
• Economics and Management Studies BSc
• Philosophy, Politics and Economics (PPE) BA