In this module you will study the determinants of macroeconomic variables such as aggregate output, interest rate, inflation rate etc.
- Effects of macro shocks and fiscal and monetary policies.
- How central banks conduct monetary policy.
- The role of banks and credit constraints in the macroeconomy.
- Global financial crises and macroeconomic policy responses.
- 40 one-hour lectures
- 18 one-hour tutorials
- Coursework x 2 (25% + 25%)
- Exam, 2 hours (50%)