| Unit name | Public Finance and Monetary Policy |
|---|---|
| Unit code | ECONM0038 |
| Credit points | 20 |
| Level of study | M/7 |
| Teaching block(s) |
Teaching Block 2 (weeks 13 - 24) |
| Unit director | Dr. Pawel Doligalski |
| Open unit status | Not open |
| Units you must take before you take this one (pre-requisite units) |
None |
| Units you must take alongside this one (co-requisite units) |
None |
| Units you may not take alongside this one |
None |
| School/department | School of Economics |
| Faculty | Faculty of Social Sciences and Law |
Why is this unit important?
This unit provides training in selected topics in macroeconomic policy. It will prepare students for policy analysis within governments, central banks, and research institutes.
How does this unit fit into your programme of study
This unit builds on top of the principles taught in the core programme units to equip students with the ability to evaluate macroeconomic policies. In particular, the unit will stress the implications of various concepts from core units for the optimal macroeconomic policy.
An overview of content
Topics covered span fiscal policy (taxation, government spending, government debt) and monetary policy, and include the time series tools used in modern macroeconomic policy evaluation.
How will students, personally, be different as a result of the unit
By the end of the course students will be familiar with macroeconomic models used for real-life policy analysis and will be trained in applying them to answer policy questions.
Learning Outcomes
At the end of the unit, successful students will be able to:
Teaching will be delivered through a combination of large and small group classes, supported by online resources.
Tasks which help you learn and prepare you for summative tasks (formative):
Two small problem sets that mimic exercises to be expected at the exam, with an oral or written feedback.
Tasks which count towards your unit mark (summative):
Exam, 2 hours. Worth 100% of unit mark. Assesses ILOs 1-3.
When assessment does not go to plan
Exam, 2 hours. Worth 100% of unit mark. Assesses ILOs 1-3.
If this unit has a Resource List, you will normally find a link to it in the Blackboard area for the unit. Sometimes there will be a separate link for each weekly topic.
If you are unable to access a list through Blackboard, you can also find it via the Resource Lists homepage. Search for the list by the unit name or code (e.g. ECONM0038).
How much time the unit requires
Each credit equates to 10 hours of total student input. For example a 20 credit unit will take you 200 hours
of study to complete. Your total learning time is made up of contact time, directed learning tasks,
independent learning and assessment activity.
See the University Workload statement relating to this unit for more information.
Assessment
The assessment methods listed in this unit specification are designed to enable students to demonstrate the named learning outcomes (LOs). Where a disability prevents a student from undertaking a specific method of assessment, schools will make reasonable adjustments to support a student to demonstrate the LO by an alternative method or with additional resources.
The Board of Examiners will consider all cases where students have failed or not completed the assessments required for credit.
The Board considers each student's outcomes across all the units which contribute to each year's programme of study. For appropriate assessments, if you have self-certificated your absence, you will normally be required to complete it the next time it runs (for assessments at the end of TB1 and TB2 this is usually in the next re-assessment period).
The Board of Examiners will take into account any exceptional circumstances and operates
within the Regulations and Code of Practice for Taught Programmes.
