This module builds on the introductory macroeconomic module to provide an intermediate course that takes account of the policy issues and controversies in the application and understanding of microeconomic issues. It introduces the fundamental theoretical foundations of macroeconomics, in particular the microeconomic foundations of macroeconomics. Importantly, it considers how to collect and use economic evidence, history and data to understand macroeconomic behaviour, issues, debates and policies.
We consider the role of the financial system in the macroeconomy and the causes behind some financial crises. Particular focus is given to the 2008/09 global financial crisis. Alternative views of macroeconomic phenomena are considered throughout.
Directed learning time 200 hours
Private study time 100 hours
Total study hours: 300 hours
Only available on Economics BSc (Professional Economist) course
Compulsory to the following courses:
• BSc Economics (Hons) (Professional Economist)
• MSc Economics Conversion (Distance-Learning)
Main assessment methods
VLE Quiz 1 (50 minutes) (15%)
VLE Quiz 2 (50 minutes) (15%)
Take Home Examination, 3 hours (70%)
Reassessment methods
100% coursework
Taken again in the following trimester, in order to achieve the overall pass mark of 40%
The University is committed to ensuring that core reading materials are in accessible electronic format in line with the Kent Inclusive Practices.
The most up to date reading list for each module can be found on the university's reading list pages.
See the library reading list for this module (Canterbury)
The module outcomes have references to the knowledge, skills and behaviours defined by the Institute for Apprenticeships and Technical Education for the Professional Economist (Integrated Degree): Professional economist (integrated degree) / Institute for Apprenticeships and Technical Education
On successfully completing the module students will be able to:
1. Solve simple models of the macroeconomy (K1, K3)
2. Abstract, analyse and interpret the essential features of macroeconomic models and their application in modern policy contexts (K1, K3, K4, K5, K6)
3. Demonstrate analytical skills and their application to contemporary macroeconomic issues (K3, K6)
4. Engage critically with macroeconomic issues and macroeconomic policy formation using empirical evidence (K3, K6)
5. Understand the interrelationships between different macroeconomic policies (K3, K6, K7)
University of Kent makes every effort to ensure that module information is accurate for the relevant academic session and to provide educational services as described. However, courses, services and other matters may be subject to change. Please read our full disclaimer.
