Master
2023/2024
Macroeconomics (Advanced Level)
Type:
Compulsory course (Master of Business Analytics)
Area of studies:
Finance and Credit
Delivered by:
Master's Programmes Curriculum Support
Where:
Faculty of Economic Sciences
When:
2 year, 1, 2 module
Mode of studies:
distance learning
Online hours:
20
Open to:
students of one campus
Instructors:
Sergei Grishunin
Master’s programme:
Магистр аналитики бизнеса
Language:
English
ECTS credits:
6
Contact hours:
12
Course Syllabus
Abstract
The course aims to develop a model-based way of ‘aggregate model - based thinking’ and make students ready to apply relevant macroeconomic tools in their further studies and professional career. The course is a core course of the field of study of the online degree Master program. Particular attention is paid to the The course is a core course of the field of study of the online degree Master program. Particular attention is paid to the topics which are core to modern macroeconomic regulations, short-run economic fluctuations, stabilization policies, economic growth.
Learning Objectives
- The objectives of the course are: • to provide students with the knowledge of core concepts and models of economics, • to develop students' ability to apply economic models to the analysis of specific economic cases • to provide students with the knowledge of methodological tools and their applications to the analysis of general problems in economics and social sciences.
Expected Learning Outcomes
- This course gives opportunities to students to apply macroeconomic analysis using both graphical and algebraic techniques to the study of contemporary and historical economic cases, to put their research and professional interests into a broader political and macroeconomic context, to communicate their ideas using modern internationally recognized professional language of economists.
Course Contents
- Basic macroeconomic problems and concepts. Macroeconomic variables
- Business cycles and goods market equilibrium. The role of the government in regulating business cycles.
- Financial markets, money markets and monetary policy
- Fiscal and monetary policies in the IS-LM model
- Labour market, wage and price determination. Unemployment
- AD – AS model. Inflation, expectations and Phillipse curve
- Open economy macroeconomics: BOP, CIP, UIP, LOOP. IS-LM-BP model
- Growth and development. Dynamics of firms and industries
Assessment Elements
- Тестовое задание №1
- Тестовое задание №2
- Тестовое задание №3
- Тестовое задание №4
- Тестовое задание №5
- Тестовое задание №6
- Проект
Interim Assessment
- 2023/2024 2nd module0.28 * Проект + 0.12 * Тестовое задание №1 + 0.12 * Тестовое задание №2 + 0.12 * Тестовое задание №3 + 0.12 * Тестовое задание №4 + 0.12 * Тестовое задание №5 + 0.12 * Тестовое задание №6
Bibliography
Recommended Core Bibliography
- Gregory Mankiw, Mark P Taylor, Celeste Campher, & Ronney Ncwadi. (2018). Macroeconomics: Vol. 2nd edition. Cengage Learning.
Recommended Additional Bibliography
- 9781292160566 - Blanchard, Olivier - Macroeconomics, Global Edition - 2017 - Pearson - https://search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=1426555 - nlebk - 1426555