Monetary Economics - ECON5500

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Module delivery information

Location Term Level1 Credits (ECTS)2 Current Convenor3 2024 to 2025
Autumn Term 6 15 (7.5) Anthony Savagar checkmark-circle


This module introduces students to monetary and macroeconomic issues from a theoretical perspective. The following topics are considered:

• Structural macro and monetary modelling
• Reduced form macro and monetary modelling
• Short-run analysis of the aggregate economy
• Long-run analysis of the aggregate economy
• Policy interventions.


Contact hours

Private Study: 136
Contact Hours: 14
Total: 150


This is an elective module for all Single and Joint Honours Degree courses in Economics.
The module is NOT available to students across other degree courses in the University.

Method of assessment

Moodle Quiz 1 (15%)
Moodle Quiz 2 (15%)
Examination, 2 hours (70%)

Reassessment Instrument: 100% exam

*Exams will be in-person*

Indicative reading

The University is committed to ensuring that core reading materials are in accessible electronic format in line with the Kent Inclusive Practices.

The most up to date reading list for each module can be found on the university's reading list pages.

See the library reading list for this module (Canterbury)

Learning outcomes

On successfully completing the module students will be able to:

1 Understand, analyse and critically evaluate monetary and macroeconomic issues.
2 Understand the issues involved in developing a modern, effective framework for conducting macroeconomic policy
3 Synthesise and critically compare different economic analyses of a macroeconomic issue
4 Distinguish between structural and reduced form modelling in macroeconomics
5 Demonstrate critical understanding of the role of assumptions in macro and monetary modelling.


  1. Credit level 6. Higher level module usually taken in Stage 3 of an undergraduate degree.
  2. ECTS credits are recognised throughout the EU and allow you to transfer credit easily from one university to another.
  3. The named convenor is the convenor for the current academic session.
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