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Durham University

Faculty Handbook 2022-2023

Module Description

Please ensure you check the module availability box for each module outline, as not all modules will run each academic year.

Department: Economics and Finance

ECON3211: ADVANCED MACROECONOMIC THEORY

Type Open Level 3 Credits 20 Availability Available in 2022/23 Module Cap Location Durham

Prerequisites

  • Macroeconomics (ECON2011) AND Microeconomics (ECON2021)

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

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.
Subject-specific Skills:
  • be able to solve macroeconomic problems at an advanced level.
Key Skills:
  • Written communication -through summative assessment.
  • Planning, organisation and time management - e.g. by preparing for classes; observing the strict assignment deadlines; downloading before the relevant lectures any OHPs from DUO; revising relevant material before lectures; preparing for examinations.
  • Problem solving and analysis - e.g. by preparing for examinations

Modes of Teaching, Learning and Assessment and how these contribute to the learning outcomes of the module

  • Teaching is by lectures and tutorials. Learning takes place through attendance at lectures, preparation for and participation in tutorial classes, and private study. Formative assessment is by means of one exercise. Summative assessment is by means of a written examination.

Teaching Methods and Learning Hours

Activity Number Frequency Duration Total/Hours
Lectures 22 1 Per Week 1 Hour 22
Seminars 10 5 in Term 1, 5 in Term 2 1 Hour 10
Preparation and Reading 168
Total 200

Summative Assessment

Component: Examination Component Weighting: 100%
Element Length / duration Element Weighting Resit Opportunity
One written examination 2 hours 100% Same

Formative Assessment:

One formative assignment will be assessed. This will typically be a set of analytical problems.


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



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