EC4B5 Half Unit
Macroeconomics for MSc F&E
This information is for the 2025/26 session.
Course Convenor
Prof Rachel Ngai
Availability
This course is available on the MSc in Finance and Economics and MSc in Finance and Economics (Work Placement Pathway). This course is not available as an outside option to students on other programmes. This course uses controlled access as part of the course selection process.
How to apply: These courses are only available for MSc Finance and Economics students who have completed the entire EC400 course.
Deadline for application: Please apply as soon as possible after the opening of course selection for all courses.
For queries contact: Econ.msc@lse.ac.uk
Requisites
Pre-requisites:
Students must have completed EC400 before taking this course.
Course content
This course teaches you the main characteristics of business cycle fluctuations and macroeconomic models that offer insights into understanding business cycle fluctuations. We will study the canonical macroeconomic model, beginning with a one-sector frictionless model featuring a representative agent, and the progressing to models incorporating home production, labour and financial markets frictions. Each model teaches valuable lessons about the behaviour of business cycle. Finally, we discuss the roles of macroeconomic policies.
Teaching
1 hours of seminars in the Spring Term.
20 hours of lectures and 9 hours of seminars in the Winter Term.
This course has a reading week in Week 6 of Winter Term.
This course is delivered through a combination of classes and lectures totalling a minimum of 30 hours across Winter Term and Spring Term.
Formative assessment
Two marked assignments in the WT. Exercises are discussed in weekly classes.
Indicative reading
Primary reading will be journal articles. A full list will be made available at the start of each term.
Assessment
Exam (90%), duration: 120 Minutes, reading time: 15 minutes in the Spring exam period
Continuous assessment (10%)
This course is IRDAP-enabled, meaning that resit and deferred assessments will take place in August 2026.
Key facts
Department: Economics
Course Study Period: Winter and Spring Term
Unit value: Half unit
FHEQ Level: Level 7
CEFR Level: Null
Total students 2024/25: 19
Average class size 2024/25: 3
Controlled access 2024/25: YesCourse selection videos
Some departments have produced short videos to introduce their courses. Please refer to the course selection videos index page for further information.