Module code: ECOD004

Module provider


Module Leader

HOLDEN TD Dr (Economics)

Number of Credits


ECTS Credits



FHEQ Level 8

JACs code


Module cap (Maximum number of students)


Module Availability

Semester 2

Overall student workload

Independent Study Hours: 123

Lecture Hours: 22

Tutorial Hours: 5

Assessment pattern

Assessment type Unit of assessment Weighting
Examination FINAL EXAMINATION (3 Hours) 100

Alternative Assessment


Prerequisites / Co-requisites


Module overview

This module develops the advanced tools necessary to perform frontier research. It covers techniques for macroeconomics as well exposing students to research papers and topics. The module also aims to expose students to a wide range of models and approaches, ensuring they are sufficiently familiar with the literature to perform future independent research.

Module aims

Introduce students to advanced tools of modern macroeconomics.

Introduce students to advanced tools of modern macroeconomics.

Introduce students to academic papers and research topics in the literature.

Learning outcomes

Attributes Developed
001 Acquire the technical tools of macroeconomics modelling related topics KCPT
002 Have a view of the frontier topics in Macroeconomic Modelling KC

Attributes Developed

C - Cognitive/analytical

K - Subject knowledge

T - Transferable skills

P - Professional/Practical skills

Module content

Indicative content includes:

Understanding and explaining cross-country income differences
Fundamental causes of economic development and growth
Human capital and technological change
Growth Models
Fiscal and Monetary Policy
Time-Inconsistency and Imperfect Commitment
Complete and Incomplete Markets
Model solution techniques

Other selected topics

Methods of Teaching / Learning

The learning and teaching strategy is designed to:  

familiarise students with basic skills used in macroeconomic analysis.
enhance skills in relating real-world phenomena with macroeconomic models
enhance skills in discussing and reasoning about macroeconomic problems by using a conceptually rigorous analytical framework
give broad but still focused overview on selected frontier topics in Macroeconomic Modelling



The learning and teaching methods include:

Presentation and discussion within small-group interactive lectures.

Assessment Strategy

The assessment strategy is designed to provide students with the opportunity to demonstrate  their understanding of the tools used in theoretical and applied macroeconomics, and with the opportunity to apply these tools to real world issues.


Thus, the summative assessment for this module consists of:

A three-hour examination worth 100% of the final mark.


Formative assessment and feedback

In addition to this, they are shown the correct approach to tutorial problems. Office hours are devoted to more targeted, individually based feedback on specific problems.

Reading list


Programmes this module appears in

Programme Semester Classification Qualifying conditions
Economics (Four Year) PHD 2 Compulsory A weighted aggregate mark of 50% is required to pass the module

Please note that the information detailed within this record is accurate at the time of publishing and may be subject to change. This record contains information for the most up to date version of the programme / module for the 2018/9 academic year.