The unit is complementary to Applied Macroeconomics A and its aims are to introduce students to up to date macroeconomic theories and their application about the labour market, monetary theory and central banks objectives. The unit will prepare students for taking part in professional discussions about designing macroeconomic policies based on macroeconomic theory.
You’ll learn to:
- Critically evaluate and analytically solve a range of macroeconomic models, judging their implications for macroeconomic policy
- Understand how macroeconomic theory can be used to understand topical economic issues, such as unemployment and banking regulation, and suggest policy responses