MACROECONOMICS 2

MACROECONOMICS 2
Course Code
EC 2502
Credit Points
30
Course Coordinator
Dr W D McCausland

Pre-requisites

EC 1503.

Overview

This course is designed both for those who, after completion of Macroeconomics 1, wish to take a further course in Macroeconomics for the MA without Honours, and for those who wish to proceed to Honours. The course examines a number of important topics in macroeconomics including the Classical and Keynesian ISLM models of the economy, theories of the open economy, the concept and theoretical use of the notion of “rational expectations”, theories of consumption behaviour and the demand for money, and the application of modern macroeconomic theory to areas of government decision making such as fiscal and monetary policy.

Structure

Three hours of lectures per week, 5 tutorials and 3 computer workshops.

Assessment

1st Attempt: 1 two-hour examination (70%) and in-course assessment (30%).

Resit: 1 two-hour examination (70%) and in-course assessment (30%).