ECON 7086 - Advanced Macroeconomics V
North Terrace Campus - Semester 2 - 2014
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General Course Information
Course Details
Course Code ECON 7086 Course Advanced Macroeconomics V Coordinating Unit Economics Term Semester 2 Level Postgraduate Coursework Location/s North Terrace Campus Units 3 Contact Up to 4 hours per week Prerequisites ECON 7059 or ECON 7122 Assessment Typically assignments, mid-semester exam, final exam, presentation & research proposal Course Staff
Course Coordinator: Dr Nicolas Groshenny
Course Timetable
The full timetable of all activities for this course can be accessed from .
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Learning Outcomes
Course Learning Outcomes
On successful completion of this course students will be able to:
1 cross the gap between undergraduate textbooks in macroeconomics and the modern literature that features dynamic models built upon microeconomic foundations and rational expectations. 2 use confidently key methodological tools in modern dynamic macroeconomics. 3 apply those tools to analyse practical questions such as: What are the long term consequences for a nation of persistently running current accounts deficits? How do government budget deficits affect interest rates, trade balances and exchange rates? University Graduate Attributes
This course will provide students with an opportunity to develop the Graduate Attribute(s) specified below:
University Graduate Attribute Course Learning Outcome(s) Knowledge and understanding of the content and techniques of a chosen discipline at advanced levels that are internationally recognised. 1-3 The ability to locate, analyse, evaluate and synthesise information from a wide variety of sources in a planned and timely manner. 1-3 An ability to apply effective, creative and innovative solutions, both independently and cooperatively, to current and future problems. 1-3 Skills of a high order in interpersonal understanding, teamwork and communication. 1-3 A proficiency in the appropriate use of contemporary technologies. 1-3 A commitment to continuous learning and the capacity to maintain intellectual curiosity throughout life. 1-3 A commitment to the highest standards of professional endeavour and the ability to take a leadership role in the community. 1-3 An awareness of ethical, social and cultural issues within a global context and their importance in the exercise of professional skills and responsibilities. 1-3 -
Learning Resources
Recommended Resources
"Foundations of International Macroeconomics" by Maurice Obstfeld and Kenneth Rogoff, MIT Press, 1996.
"Advanced Macroeconomics" by David Romer, 4th edition.
''Models for Dynamic Macroeconomics" by Fabio Bagliano and Giuseppe Bertola, Oxford University Press, 2004.
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Learning & Teaching Activities
Learning & Teaching Modes
- Lectures
- Problem sets
- Students presentations (more information below)
- Final exam
Workload
The information below is provided as a guide to assist students in engaging appropriately with the course requirements.
12 hours per week:
- Lectures = 4 hours
- Personal study (including solving problem sets, reading papers and preparing class presentations) = 8 hours
Learning Activities Summary
The course outline below is tentative and indicative only. It is subject to changes at the sole discretion of the lecturer.
1. Dynamic Consumption Theory
2. Dynamic Models of Investment
3. Intertemporal Trade and the Current Account Balance
4. Dynamic of Small Open Economies
5. The Real Exchange Rate and the Terms of Trade
6. Uncertainty and International Financial Markets
7. Imperfections in International Capital Markets -
Assessment
The University's policy on Assessment for Coursework Programs is based on the following four principles:
- Assessment must encourage and reinforce learning.
- Assessment must enable robust and fair judgements about student performance.
- Assessment practices must be fair and equitable to students and give them the opportunity to demonstrate what they have learned.
- Assessment must maintain academic standards.
Assessment Summary
Grading:
1. Problem sets: 30%
2. Presentation: 30%
3. Exam: 40%
Presentations:
Each student will select a paper from a list that I will provide in due course, and will design a class presentation using a maximum of 15 slides.
The presentation should include the following components:
1) Statement of the issue/question;
2) Description of the methodology;
3) Description of the main results;
4) Conclusion
The student will present the material in class and will submit the presentation as part of the requirement. The grading will be based on the slides and on the class presentation.Assessment Detail
No information currently available.
Submission
No information currently available.
Course Grading
Grades for your performance in this course will be awarded in accordance with the following scheme:
M10 (Coursework Mark Scheme) Grade Mark Description FNS Fail No Submission F 1-49 Fail P 50-64 Pass C 65-74 Credit D 75-84 Distinction HD 85-100 High Distinction CN Continuing NFE No Formal Examination RP Result Pending Further details of the grades/results can be obtained from Examinations.
Grade Descriptors are available which provide a general guide to the standard of work that is expected at each grade level. More information at Assessment for Coursework Programs.
Final results for this course will be made available through .
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Student Feedback
The University places a high priority on approaches to learning and teaching that enhance the student experience. Feedback is sought from students in a variety of ways including on-going engagement with staff, the use of online discussion boards and the use of Student Experience of Learning and Teaching (SELT) surveys as well as GOS surveys and Program reviews.
SELTs are an important source of information to inform individual teaching practice, decisions about teaching duties, and course and program curriculum design. They enable the University to assess how effectively its learning environments and teaching practices facilitate student engagement and learning outcomes. Under the current SELT Policy (http://www.adelaide.edu.au/policies/101/) course SELTs are mandated and must be conducted at the conclusion of each term/semester/trimester for every course offering. Feedback on issues raised through course SELT surveys is made available to enrolled students through various resources (e.g. MyUni). In addition aggregated course SELT data is available.
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Student Support
- Academic Integrity for Students
- Academic Support with Maths
- Academic Support with writing and study skills
- Careers Services
- Library Services for Students
- LinkedIn Learning
- Student Life Counselling Support - Personal counselling for issues affecting study
- Students with a Disability - Alternative academic arrangements
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Policies & Guidelines
This section contains links to relevant assessment-related policies and guidelines - all university policies.
- Academic Credit Arrangements Policy
- Academic Integrity Policy
- Academic Progress by Coursework Students Policy
- Assessment for Coursework Programs Policy
- Copyright Compliance Policy
- Coursework Academic Programs Policy
- Intellectual Property Policy
- IT Acceptable Use and Security Policy
- Modified Arrangements for Coursework Assessment Policy
- Reasonable Adjustments to Learning, Teaching & Assessment for Students with a Disability Policy
- Student Experience of Learning and Teaching Policy
- Student Grievance Resolution Process
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Fraud Awareness
Students are reminded that in order to maintain the academic integrity of all programs and courses, the university has a zero-tolerance approach to students offering money or significant value goods or services to any staff member who is involved in their teaching or assessment. Students offering lecturers or tutors or professional staff anything more than a small token of appreciation is totally unacceptable, in any circumstances. Staff members are obliged to report all such incidents to their supervisor/manager, who will refer them for action under the university's student鈥檚 disciplinary procedures.
The 成人大片 is committed to regular reviews of the courses and programs it offers to students. The 成人大片 therefore reserves the right to discontinue or vary programs and courses without notice. Please read the important information contained in the disclaimer.
