Study-Unit Description

Study-Unit Description



CODE ECN3123

 
TITLE Applied Macroeconomics

 
UM LEVEL 03 - Years 2, 3, 4 in Modular Undergraduate Course

 
MQF LEVEL Not Applicable

 
ECTS CREDITS 5

 
DEPARTMENT Economics

 
DESCRIPTION The objective of the course is to develop the ability of students to apply macroeconomic theory and principles to actual real world examples. An overview of the basic theory will be covered during the course to provide the necessary background framework. The application of economic models to the analysis of macroeconomic issues is presented and discussed.

Study-unit Aims

- To encourage students to apply theoretical macroeconomic concepts to real world cases.
- To help students in understanding the usefulness of theoretical models in the analysis of macroeconomics

Learning Outcomes

1. Knowledge & Understanding: By the end of the study-unit the student will be able to:

1) Appreciate the role of theory in analysing real world macroeconomic issues
2) Recognise divergencies between the real world and theoretical models

2. Skills (including transferable [generic] skills): By the end of the study-unit the student will be able to:

1) Better evaluate current macroeconomic issues in line with theory and macroeconomic models
2) Analyze policy options adopted within different economies

Main Text/s and any supplementary readings

- Burda M. & Wyplosz C. (2005), Macroeconomics, A European Text, 4th Edition
- Dornbush R., Fischer S., Startz R., Macroeconomics, International Edition, 9th Edition
- Blanchard O. (2006), Macroeconomics , 4th Edition
- Carlin W., Soskice D., Macroeconomics – Imperfections, Institutions and Policies (2006)

 
ADDITIONAL NOTES Pre-Requisite Study-units

ECN2071 - Intermediate Macroeconomics I

 
STUDY-UNIT TYPE Lecture

 
METHOD OF ASSESSMENT
Assessment Component/s Sept. Asst Session Weighting
Assignment No 20%
Examination (2 Hours) Yes 80%

 
LECTURER/S Ian P. Cassar

 

 
The University makes every effort to ensure that the published Courses Plans, Programmes of Study and Study-Unit information are complete and up-to-date at the time of publication. The University reserves the right to make changes in case errors are detected after publication.
The availability of optional units may be subject to timetabling constraints.
Units not attracting a sufficient number of registrations may be withdrawn without notice.
It should be noted that all the information in the description above applies to study-units available during the academic year 2025/6. It may be subject to change in subsequent years.


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