Entry requirements

At least 22.5 credits from Economics A.

Learning outcomes

After completing the course, the student is expected to:

- be able to analyse central questions within macroeconomics using simple macroeconomic models

- have a good knowledge of macroeconomic theory for both long-term growth and short-term business cycle fluctuations

- understand how the economy is affected by international macroeconomic contexts

- understand how monetary and fiscal policy affect the economy

Content

The course deals with central macroeconomic theory for both long-term growth and short-term fluctuations, inflation and unemployment, exchange rates and international trade. As compared to previous levels, there is an in-depth analysis of consumption and investment theory, business cycles, the role of financial markets, wage formation and unemployment. The course also deals with the possibilities and limitations of economic policy, the importance of norms and institutional conditions, exchange rate systems, the position of the Riksbank and the role of fiscal policy in the short and long run.

Instruction

The instruction consists of lectures .

Assessment

The assessment consists of a written exam.