Macroeconomics of Money and Financial Markets
This module explores the core areas of modern macroeconomics and will develop your understanding of macroeconomic models. The emphasis will be on learning theoretical concepts and analytical techniques, as an aid to understanding contemporary macroeconomic problems.
All course material can downloaded from the ELE (Exeter Learning Environment).
Previously we had a guest speaker from the Bank of England who spoke on the credit crisis.
Previous students have successfully found jobs in centres that deal with current trends in economic activity and government institutions, such as central banks.
Full module specification
|Module title:||Macroeconomics of Money and Financial Markets|
|Duration of module:||
Duration (weeks) - term 1: |
The aim of the module is to present a coherent explanation of how the macroeconomic system is organized as and to highlight its connection with financial markets. The emphasis will be on learning theoretical concepts and techniques, as an aide to understanding contemporary macroeconomic problems. The module aims to develop a students’ ability to think critically about developments in financial markets and money institutions. Students then can interpret current events as the logical outcome of principles.
ILO: Module-specific skills
- 1. the ability to manipulate a number of models to analyse macroeconomic issues
- 2. the ability to understand macroeconomic articles in academic journals
ILO: Discipline-specific skills
- 3. an ability, appropriate to master's level, to formulate and manipulate economic macroeconomic models
- 4. an ability to place an economic problem in its broader social and political context
- 5. an understanding of the sources and content of economic data and evidence and of those methods that might be applied appropriately to the analysis of such data.
ILO: Personal and key skills
- 6. confidence in identifying, tackling and solving research problems
- 7. development of logical thinking and analytical rigor
- 8. inductive and deductive reasoning skills
- 9. the ability to work independently.
Learning activities and teaching methods (given in hours of study time)
|Scheduled Learning and Teaching Activities||Guided independent study||Placement / study abroad|
Details of learning activities and teaching methods
|Category||Hours of study time||Description|
|Form of assessment||Size of the assessment (eg length / duration)||ILOs assessed||Feedback method|
|Online forum||Open on ELE throughout the module||1-9||Response of Forum|
Summative assessment (% of credit)
|Coursework||Written exams||Practical exams|
Details of summative assessment
|Form of assessment||% of credit||Size of the assessment (eg length / duration)||ILOs assessed||Feedback method|
|Midterm Examination||50||60 minutes||1-9||Written feedback|
|Final Examination||50||60 minutes||1-9||Written feedback|
Details of re-assessment (where required by referral or deferral)
|Original form of assessment||Form of re-assessment||ILOs re-assessed||Timescale for re-assessment|
|Written Examination||Written Examination (100%)||1-9||Aug/Sep|
The resit exam will cover material based in the entire semester.
NB the plan is described via topics rather than weeks.
- Goods and Money Markets
- The Is-LM Model
- Aggregate Supply and the Role of Expectations
- Concepts in Open Economy Macroeconomics
- Exchange Rate Regimes
- Macroeconomic Interdependence
Indicative learning resources - Basic reading
Mankiw, N. Gregory, 2016. Macroeconomics (9th ed.), Macmillan
Blanchard, O., Giavazzi, F., Amighini, A. 2013. Macroeconomics: A European Perspective (2nd ed.), Pearson.
Module has an active ELE page?
Last revision date