Macroeconomics

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Cursusdoel

After completing this course students are able to:
  • describe macroeconomic concepts and engage with real data;
  • use theoretical models to analyze contemporary economic policy issues, like the current euro crisis;
  • apply insights from the theoretical models to these policy issues.
Relationship between assessment and learning goals:
Assessment forms are designed to simultaneously assess the above described learning goals. In particular:

1. The Midterm exam (25%) tests your mastery of concepts and their application to economic issues and policy questions, with respect to material covered during the first half of the semester
2. The Final exam (30%) tests your mastery of concepts and their application to economic issues and policy questions of all material, with respect to material covered during the second half of the semester
3. The Macro Data brief (15%) tests your ability to collate, present and analyze key macroeconomic data in a given country
4. The Macro Policy brief (0%) tests your understanding of concepts and theories through application to and reflection about relevant contemporary policy issues
5. The Participation (10%) grade is based on class attendance, and participation in lecture and seminar discussions, which in turn are platforms for exhibiting your understanding of concepts covered and their application.

Vakinhoudelijk

This course will be an in-depth exploration of ‘Macroeconomics’, which is the branch of economics that studies economic aggregates – in particular, over-all levels of prices, output, and employment in the economy. We will critically examine the historical and conceptual foundations of macroeconomics, including the ‘workhorse’ economics models that explain: the determination of output, employment, unemployment, interest rates, and inflation; the process of economic growth; the dynamics of international trade; and the workings of financial markets. As an intermediate course, emphasis will be given to developing in students both a strong grasp of technical foundations of the theory, and their links to and fit with real-world issues and policy questions of contemporary relevance. The course also fosters opportunities for actual engagement with relevant macroeconomic data.
Format
The course program follows a textbook reference, and companion reading assignments to interrogate the material covered by the reference. Every week, a lecture is given pertaining to specific topic for the week. This is followed by a seminar in which ideas covered in the lectures are processed further and interrogated through discussion, assigned student presentations and small group learning activities. The course program is divided into three parts. The first part covers the historical and conceptual foundations of macroeconomics; the second, macroeconomic theory and policy; and third, macroeconomic issues and applications.

Learning activities would include participatory lectures, weekly homework, and the completion of assignments involving macroeconomic economic data and policy analysis.

Werkvormen

UCU ssc 2 course

Toetsing

Participation

Verplicht | Weging 10% | ECTS 0,75

Mid-term exam

Verplicht | Weging 25% | ECTS 1,88

Final exam

Verplicht | Weging 30% | ECTS 2,25

Macro policy brief

Verplicht | Weging 20% | ECTS 1,5

Macro data brief

Verplicht | Weging 15% | ECTS 1,13

*midterm FEEDBACK*

Niet verplicht

Ingangseisen en voorkennis

Ingangseisen

Er moet voldaan zijn aan de cursussen:

En er moet voldaan zijn aan minimaal één van de cursussen:

Voorkennis

- Students who do not satisfy the above math requirement need to apply for course admittance: Mathematics B or D on a Dutch high school or IB higher level mathematics is required. - If the UCSSCECO11 the macroeconomics exams is not passed with at least a C-, please contact the instructor for advice.

Voertalen

  • Engels

Competenties

  • Academisch schrijven
  • Internationale en interculturele oriëntatie
  • Kritisch lezen
  • Luisteren
  • Onderzoeksvaardigheden
  • Presenteren

Cursusmomenten

Gerelateerde studies

Tentamens

Er is geen tentamenrooster beschikbaar voor deze cursus

Verplicht materiaal

Materiaal Omschrijving
BOEK Dullien, S. et al (2018). Macroeconomics in Context: A European Perspective. New York: Routledge.

Aanbevolen materiaal

Materiaal Omschrijving
BOEK Cohn, S. (2007). Reintroducing Macroeconomics: A Critical Approach. New York: Routledge

Coördinator

dr. C.G. Ramos c.g.ramos@uu.nl

Docenten

dr. C.G. Ramos c.g.ramos@uu.nl

Inschrijving

Let op: deze cursus is niet toegankelijk voor studenten van andere faculteiten, bijvakkers mogen zich dus niet inschrijven.

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