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2020/2021

Advanced Macroeconomics and Finance

Code: 40102 ECTS Credits: 10
Degree Type Year Semester
4313805 Economic Analysis OT 2 2
The proposed teaching and assessment methodology that appear in the guide may be subject to changes as a result of the restrictions to face-to-face class attendance imposed by the health authorities.

Contact

Name:
Francisco Obiols Homs
Email:
Francesc.Obiols@uab.cat

Use of Languages

Principal working language:
english (eng)

Teachers

Jordi Caballé Vilella
Jesús David Pérez Castrillo
Luca Gambetti
Joan Llull Cabrer
Raul Santaeulalia Llopis

External teachers

Abhay Abhyankar
Ada Ferrer-i-Carbonell
Alexander Ludwig
Hannes Müller
Hugo Rodríguez Mendizabal

Prerequisites

There are no specific prerequisits

Objectives and Contextualisation

This          module         presents          some         of         the         most         widely         used         theoretical         and         empirical         models         in         modern    macroeconomics.      By    providing    the    student    with    solid    theoretical    foundations,    the    goal    of    this     module    is     to    bring    the    student    to    frontier    applications    in    macroeconomics    and    finance    and    open    new    lines    of    research.    The    models    seen    in    this    module    can    be    learned    from    the    fields    of  labor    economics,    international    macroeconomics,    trade,    financial    economics,    asset    pricing,    monetary    policy    and    fiscal    policy.    Students will also learn state of the art techniques for policy evaluation.

Competences

  • Apply the methodology of research, techniques and specific advanced resources to research and produce innovative results in a specific area of specialisation
  • Capacity to articulate basic economic theory, analytically deriving them from mathematical reasoning
  • Conceptually analyse a specific economic problem using advanced analytical tools
  • Demonstrate an open , innovative and analytical attitude towards research questions
  • Design, plan and carry out economic research
  • Express recommendations about economic policy at macro and micro levels
  • Make independent judgements and defend them dialectically
  • Possess and understand knowledge that provides a basis or opportunity for originality in the development and/or application of ideas, often in a research context
  • Search for information in the scientific literature using the appropriate channels and integrate the information to propose and contextualise a research topic
  • Student should possess the learning skills that enable them to continue studying in a way that is largely student led or independent
  • Students should be able to integrate knowledge and face the complexity of making judgements based on information that may be incomplete or limited and includes reflections on the social and ethical responsibilities associated with the application of their knowledge and judgements
  • Students should know how to apply the knowledge they have acquired and their capacity for problem solving in new or little known fields within wider (or multidisciplinary) contexts related to the area of study
  • Students should know how to communicate their conclusions, knowledge and final reasoning that they hold in front of specialist and non-specialist audiences clearly and unambiguously

Learning Outcomes

  1. Apply the methodology of research, techniques and specific advanced resources to research and produce innovative results in a specific area of specialisation
  2. Demonstrate an open , innovative and analytical attitude towards research questions
  3. Draw up rigorous arguments to explain certain macroeconomic and financial phenomena
  4. Frame an economic question in the field of macroeconomics and finance in a mathematical problem and derive the answer from mathematical logic
  5. Identify the specific assumptions that allow the answer to be found for phenomena in the field of macroeconomics and finance
  6. Interpret the modelling of a problem and the conclusion deriving from it
  7. Make independent judgements and defend them dialectically
  8. Possess and understand knowledge that provides a basis or opportunity for originality in the development and/or application of ideas, often in a research context
  9. Recognise the existing challenges in the field of macroeconomics and finance, propose a plan to describe the stages to follow and the methodologies to use to respond to those challenges
  10. Search for information in the scientific literature using the appropriate channels and integrate the information to propose and contextualise a research topic
  11. Student should possess the learning skills that enable them to continue studying in a way that is largely student led or independent
  12. Students should be able to integrate knowledge and face the complexity of making judgements based on information that may be incomplete or limited and includes reflections on the social and ethical responsibilities associated with the application of their knowledge and judgements
  13. Students should know how to apply the knowledge they have acquired and their capacity for problem solving in new or little known fields within wider (or multidisciplinary) contexts related to the area of study
  14. Students should know how to communicate their conclusions, knowledge and final reasoning that they hold in front of specialist and non-specialist audiences clearly and unambiguously

Content

Corporate Finance

Optimal Policy and Expectations

Quantitative Macroeconomics

Money and Banking

Structural Microeconometrics

Macroeconometrics

Applied Public Economics

Topics in Trade and International and Empirical Finance

Asset Pricing

 

 

Methodology

•     Theory  classes        

•     Practical  classes        

•     Learning    based    on    problem    solving    

•     Tutorials  

•     Personal  study        

•     Study  groups        

•     Textbook  reading        

•     Article  reading        

Activities

Title Hours ECTS Learning Outcomes
Type: Directed      
Theory classes 75 3 1, 10, 2, 3, 7, 4, 5, 6, 12, 13, 14, 11, 9, 8
Type: Supervised      
Practical classes, problems sets, tutorials 25 1 1, 10, 2, 3, 7, 4, 5, 6, 12, 13, 14, 11, 9, 8
Type: Autonomous      
Personal study, study groups, textbook readings, article readings 150 6 1, 10, 2, 3, 7, 4, 5, 6, 12, 13, 14, 11, 9, 8

Assessment

Final  Exams    

50%  

Class  attendance    and    active    participation    

20%  

Problem  sets    and    assignments    

30%  

A module consists of different courses which are evaluated through final exams, problem sets and assignments and other class activities such as class attendance, presentations, etc.

 

Assessment Activities

Title Weighting Hours ECTS Learning Outcomes
Class Attendance and Problem sets and assignments 50% 0 0 1, 10, 2, 3, 7, 4, 5, 6, 12, 13, 14, 11, 9, 8
Final Exams 50% 0 0 1, 10, 2, 3, 7, 4, 5, 6, 12, 13, 14, 11, 9, 8

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