University of St Andrews

Key information

SCOTCAT credits : 20

ECTS credits : 10

Level : SCQF level 8

Semester: 1

Planned timetable: 2.00 pm Mon, Tue, Thu and some Fridays

This module builds on EC1001, developing theories of the determinants of long-run economic growth, and developing theories of the causes of short-run business cycle fluctuations. The emphasis in this module is on macroeconomic theory - the building of macroeconomic models. However, we test the validity of these models empirically and use them to understand important events in recent economic history. The module remains reasonably non-technical so it is accessible to those whose study of economics ends at Level 2000. But, it also enables those students intending to pursue economics at honours to consolidate their understanding of basic principles of analysis and to develop the foundation on which the honours programme builds.

Relationship to other modules

Pre-requisite(s): Before taking this module you must pass EC1001 or pass EC1004

Co-requisite(s): You must also take EC1003 or take MT1002

Learning and teaching methods and delivery

Weekly contact: 34 hours of lectures over 10 weeks, plus 1 office hour (x 12 weeks) and 6 tutorials per semester.

Scheduled learning hours: 40

Guided independent study hours: 160

Assessment pattern

As used by St Andrews: 2-hour Written Examination = 70%, Coursework = 30%

As defined by QAA
Written examinations : 85%
Practical examinations : 0%
Coursework: 15%

Re-assessment: 3-hour Written Examination = 100%

Personnel

Module coordinator: Dr P D Macmillan
Module teaching staff: Dr Peter Macmillan and Dr Matthew Knowles
Module coordinator email pdm1@st-andrews.ac.uk