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MPhil in Economics - Core Modules

Core Modules

  • E100 : Microeconomics

    This is a new microeconomics course designed specifically for the MPhil in Economics. It adopts the question motivated approach to teaching microeconomics concepts and applications. The course is centred on three themes: global warming, online markets, and the economics of politics. Within each theme, the relevant microeconomics concepts (such as decision making with and without uncertainty, social discounting, network markets, games of incomplete information, information aggregation) and empirical tools are introduced to address core questions about global externalities, climate policy, the design and regulation of online markets and political decision making processes. The course will assume knowledge of intermediate level microeconomics theory and econometrics.
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  • E101 : Applied Microeconomics

    This Module will cover a range of topics in applied microeconomics, including research in public finance and labour. The focus is on individual behaviour. There will also be a strong focus on the use of theory and data to answer interesting and policy relevant questions.
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  • E200 : Macroeconomics

    This Module aims to provide an advanced overview of macroeconomics. It covers key theoretical and empirical contributions that help to analyse and explain macroeconomic phenomena. Upon completion students will have a solid understanding of the main phenomenon in macroeconomics; the ability to analyse macroeconomic issues using theoretical models; and a sound understanding of the empirical relevance of macroeconomic models.
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  • E201 : Applied Macroeconomics

    This course provides an intuitive, yet rigorous, analysis of the effects of fiscal and monetary policy on the macroeconomy. Both theoretical as well as empirical components are studied. In addition, the effect of policy is analysed both in "normal times" as well as in situations in which the nominal interest rate is at the zero lower bound (ZLB).
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  • E300 : Econometric Methods

    This Modules aims to provide an overview of basic econometric methods. The focus is on understanding and interpreting the econometric assumptions and techniques in light of actual empirical applications. On completion, should be have a solid understanding of basic applied econometric methods; be able to interpret and understand econometric research of others; and confidently use econometrics to analyse different kinds of economic data.
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