Learning outcomes

After completing the course, the student is expected to be able to conduct advanced and independent analyses of important real world macroeconomic issues.

Content

The course covers four major areas: (i) economic growth, (ii) fiscal policy, (iii) monetary policy, (iv) the open economy. Questions addressed include the following: Why are some countries richer than others? What is the role of fiscal and monetary policy and how can policy affect economic fluctuations? How do trade and international financial markets affect the macro economy and what is the role of policy and exchange rates in the open economy?

Instruction

The course material will be presented in lectures.

Assessment

The course will be concluded by a written exam. There are three grades: pass with distinction (VG), pass (G) and fail (U).