Programplaner og emneplaner - Student
ØASØK4000 Macroeconomic Policy Course description
- Course name in Norwegian
- Makroøkonomisk politikk
- Weight
- 10.0 ECTS
- Year of study
- 2020/2021
- Course history
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- Curriculum
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FALL 2020
- Schedule
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Introduction
In macroeconomics, students try to understand the relationships between aggregate economic variables such as inflation, unemployment, income and production and why they vary. In this course, students will learn how economic policy such as monetary and fiscal policy can influence the macroeconomic situation. The course builds on Macroeconomics I.
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Required preliminary courses
None.
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Learning outcomes
Knowledge
The student has in-depth knowledge of
- models that can be used to analyse economic policy
- how cyclical fluctuations arise and how they can be counteracted through policy
- how institutions can influence policies
- financial crises
- open economy, monetary unions
Skills
The student is capable of
- explaining important relationships between macroeconomic variables
- using models to analyse macroeconomic issues
- analysing how macroeconomic policy can influence economic variables such as activity and inflation
- assessing current economic policy
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Content
- Economic activity and inflation
- Monetary policy
- Fiscal policy
- Open economies, exchange rates
- Cyclical fluctuations
- Institutions
- Financial markets
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Teaching and learning methods
Plenary lectures.
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Course requirements
None.
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Assessment
Written exam (four hours) is held at the end of the semester.
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Permitted exam materials and equipment
Calculator (see separate regulations).
One dictionary (either first language-English/English-first language or English/English)
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Grading scale
A grade scale with grades from A to E for pass and F for fail is used.
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Examiners
The exam papers are graded by one internal and one external examiner.
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Course contact person
Fredrik Wulfsberg