Third year module
Lecturer: Peter Sinclair
To study the intertemporal choices of economic agents, which may explain the evolution of consumption, capital, output, investment, interest rates and other macroeconomic variables. To examine the traditional and modern theories of economic growth, exogenous and endogenous. To examine the trade-offs between economic efficiency and fairness, and their implications for taxation, distribution, output and unemployment.
To understand the evolution of economic aggregates over time, the central ideas of economic growth, and the nature of the policy choices concerning equity and economic efficiency and some of their implications for taxation, unemployment and the distribution of income.
3hr written examination, taken in May