NQF credits: 16
Fourth year status‚ first semester‚ one double lecture and one double tut per week
Course Convenor : Malcolm Keswell
Entrance requirements: See admissions requirements for Honours in Economics
The course studies the principal macroeconomic approaches towards understanding short–run fluctuations in aggregate output and the longer–term determinants of macroeconomic performance. Business cycles are investigated from a traditional Keynesian and New Keynesian perspective‚ complemented by a discussion on monetary and fiscal policy options. For understanding economic growth‚ the course reviews the basic Solow growth model as well as new growth theories. Infinite–horizon and overlapping–generations models introduce two important modern approaches to modelling economic growth.
DP requirements: None.
Assessment: Assignments‚ tests and examination count for 100%.
Last updated : 15 Jul 2015
Staff Members on this course :
A/Prof Malcolm Keswell