EPN-V2

ØASØK4000 Macroeconomic Policy Course description

Course name in Norwegian
Makroøkonomisk politikk
Study programme
Master Programme in Business Administration
Oslo Business School, Exchange Programme
Weight
10.0 ECTS
Year of study
2024/2025
Curriculum
FALL 2024
Schedule
Course history

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.

Language of instruction is Norwegian.

Required preliminary courses

None

Learning outcomes

After completing the course, students will acquired the learning outcomes defined in knowledge, skills and general competence:

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
  • debt 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

General competence

The student can

  • communicate about macroeconomic issues, analyzes and conclusions of monetary and financial policy both with specialists and the general public
  • apply knowledge to help stabilize cyclical fluctuations

Content

Supervised individual written examination, four hours.

Teaching and learning methods

Plenary lectures.

The teaching is coordinated with ØASØK3400.

Course requirements

No coursework requirements or compulsory activities

Assessment

The course gives an introduction to cognitive psychology and neuroscience. Themes addressed include attention, sensing, perception, acts, linguistic processes, problem-solving, thinking, learning and memory.

Permitted exam materials and equipment

Admission to the programme.

Grading scale

After completing the course, the student is expected to have achieved the following learning outcomes defined in terms of knowledge, skills and competence:

Knowledge

The student can

  • explain basic mechanisms in the neurobiological basis of behaviour
  • describe methods used to study the central nervous system and damages in the central nervous system that affects human behavior, cognition and functioning
  • describe key elements of cognitive psychology (such as memory, decision making, and attention)
  • mention differences and similarities between scientific philosophical positions and empirical research within behavior analysis, cognitive psychology and neuroscience

Skills

The student can

  • describe and reflect on how one explains phenomena like human thinking and behaviour in cognitive psychology

Competence

The student can

  • present and evaluate their own and others presentation of relevant academic issues within cognitive psychology

Examiners

Work and teaching methods used in the course are seminars, laboratory exercises and self-study. In the seminars, the students will present subject matter in groups. Students will present issues from the syllabus, participate in discussions, and will receive feedback and supervision.

The students’ learning outcomes will be documented through presentations and the exam.

Course contact person

To prepare for the exam must the following obtain approved:

  • Attendance and presence throughout the course's introduction day
  • Formulation of a problem and preparing a tentative visual presentation (eg powerpoint) for presentation in a group
  • Presence throughout the day of approx. 6 seminars, including participation in 1 group presentation

The required coursework must be approved before the students can take the supervised written exam.

Overlapping courses

None