Not available in 2021/22
Macroeconomics II

This information is for the 2021/22 session.

Teacher responsible

To be confirmed.


This course is compulsory on the BSc in Econometrics and Mathematical Economics, BSc in Economics and MSc in Economics (2 Year Programme). This course is not available as an outside option nor to General Course students.


Microeconomics I (EC1A1) and Macroeconomics I (EC1B1)

Course content

This is an intermediate course in macroeconomics that builds on the knowledge learned in Macroeconomics I (EC1B1). You will be confronted with the following topics: economic growth, business cycles (booms and recessions), monetary and fiscal policy, unemployment, inequality, inflation, financial markets and financial crises, sovereign debt crises and international economics. A set of popular frameworks and approaches to model macroeconomic behaviour will be discussed. You will be challenged to apply the tools that we develop in the course to understand better historical and contemporary events. An important aspect of the course is that you will acquire a deeper understanding of the material through an assignment containing some programming and data analysis.


20 hours of lectures and 10 hours of classes in the MT. 20 hours of lectures and 10 hours of classes in the LT.

Formative coursework

There are weekly assignments and feedback will be given on two.

Indicative reading

  • Macroeconomics, Williamson.
  • Economic growth, Weil.
  • Economics – Daron Acemoglu, David I. Laibson, and John A. List.
  • Macroeconomics, Gregory Mankiw.


Exam (70%, duration: 3 hours) in the summer exam period.
Project (30%, 1500 words).

The project constitutes a programming component, some data analysis, and a description of the results.

Course selection videos

Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.

Important information in response to COVID-19

Please note that during 2021/22 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to account for the differing needs of students in attendance on campus and those who might be studying online. For example, this may involve changes to the mode of teaching delivery and/or the format or weighting of assessments. Changes will only be made if required and students will be notified about any changes to teaching or assessment plans at the earliest opportunity.

Key facts

Department: Economics

Total students 2020/21: Unavailable

Average class size 2020/21: Unavailable

Capped 2020/21: No

Value: One Unit

Guidelines for interpreting course guide information

Personal development skills

  • Self-management
  • Team working
  • Problem solving
  • Application of information skills
  • Communication
  • Application of numeracy skills
  • Specialist skills