316-406 Macroeconomic Techniques

Note

Students may not gain credit for both 316-406 Macroeconomic Techniques and 316-671 Macroeconomic Techniques.

Credit Points

12.5

Coordinator

Dr L Uren

Prerequisites

316-338 Mathematical Economics and 316-403 Macroeconomics.

Semester

2 (view timetable)

Contact

Three hours of lectures and seminars per week

Subject Description

Introduction to recent developments in macroeconomics. Students will learn how to formulate and solve stochastic dynamic economic models and to apply these techniques to a number of substantive issues in consumption, asset pricing, business cycle theory, monetary economics, and labour economics.

Generic Skills

  • High level of development: problem solving; statistical reasoning; interpretation and analysis; critical thinking.

  • Moderate level of development: written communication; collaborative learning; team work; application of theory to practice; evaluation of data and other information; use of computer software; receptiveness to alternative ideas.

  • Some level of development: oral communication; synthesis of data and other information; accessing data and other information from a range of sources.

Assessment

A 1.5-hour mid-semester examination (20%), 3-hour final examination (50%) and class assignments of up to 3000 words (30%).

Prescribed Texts

To be advised.



Status:                   Official 2007
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