Macroeconomics

ECON60411 Macroeconomics 15 Semester 1 Postgraduate Taught Level 6 Kyriakos Neanidis Unit coordinator Economics 1 FHEQ level (Framework for Higher Education Qualifications) ' Masters/Integrated Masters P4 ' European Credit Transfer & Accumulation System Rating : 7.5 <div style="border:solid windowtext 1.0pt; padding:1.0pt 6.0pt 1.0pt 4.0pt">The unit aims to introduce students to key concepts, methodologies, theories and techniques in modern macroeconomic analysis. Particular emphasis is placed on the modeling techniques of some of the most recent theoretical models used widely in the analysis of economic growth, consumption, and investment. As a bonus, it will also cover crime and its effects on economic growth.</div>  <div style="border:solid windowtext 1.0pt; padding:1.0pt 6.0pt 1.0pt 4.0pt">The unit aims to introduce students to key concepts, methodologies, theories and techniques in modern macroeconomic analysis. Particular emphasis is placed on the modeling techniques of some of the most recent theoretical models used widely in the analysis of economic growth, consumption, and investment. As a bonus, it will also cover crime and its effects on economic growth.</div> <div><div style="border:solid windowtext 1.0pt; padding:1.0pt 6.0pt 1.0pt 4.0pt">The unit aims to introduce students to key concepts, methodologies, theories and techniques in modern macroeconomic analysis. Particular emphasis is placed on the modeling techniques of some of the most recent theoretical models used widely in the analysis of economic growth, consumption, and investment. As a bonus, it will also cover crime and its effects on economic growth.</div></div>  At the end of this course students should be able to (i) know of the major issues as they arise in the field of macroeconomics, (ii) understand alternative approaches to modeling economic growth, consumption, and investment, (iii) critically evaluate the usefulness of macroeconomic techniques, and (iv) develop models of their own from which to derive original results and policy implications ProvisionalI. General Introductory Readings on MacroeconomicsII. Growth Models1. Solow growth model2. Augmented Solow model3. Ramsey model: Infinite horizons4. Diamond model: Overlapping generations5. Endogenous growth modelsIII. ConsumptionIV. InvestmentV. Crime  Lecture and Tutorial 0 Other 20% 1 Written exam 80% Midterm Test - 20%Final Exam - 80%  Students must demonstrate an appropriate quantitative background MA Economics MA Economics PGDT Taught Component Mandatory Y Basic Text:Romer, David, 2006. Advanced Macroeconomics, 3rd edition, McGraw-Hill (or any other edition since). Lectures 20 Tutorials 5 0 125