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
2020/2021
Curriculum
FALL 2020
Schedule
Course history

Introduction

Knowledge

The student has

  • advanced knowledge of a specialised field in the area of business administration
  • in-depth knowledge of theories relevant to the topic of the master's thesis

Skills

The student is capable of

  • using social science methods and/or questionnaire surveys and applying theories in analysis work based on a research question formulated by the student him/herself
  • carrying out an independent, limited research or development project under supervision and in accordance with applicable research ethical standards

Required preliminary courses

The master's thesis is an independent project carried out in groups of two students. Students may be allowed, by application, to write an individual thesis. The students will receive about ten hours of individual or group-based supervision. This supervision helps students to acquire the necessary knowledge and entails a necessary quality assurance of the collection and processing of data and that these activities comply with research ethical standards.

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

Content

  • Economic activity and inflation
  • Monetary policy
  • Fiscal policy
  • Open economies, exchange rates
  • Cyclical fluctuations
  • Institutions
  • Financial markets

Teaching and learning methods

The master's thesis is submitted at the turn of the month May/June. The final deadline for submission will be given in the plan for examinations.

The scope of a master's thesis is normally 80-100 pages. Students who have been granted permission to write an individual thesis a thesis of 60-80 pages is normal. Font: The thesis must be in Times New Roman 12-point font with a line spacing of 1.5. The scope is discussed and agreed in more detail with the supervisor. For theses with a big quantitative analysis component in particular, the number of pages may be less important.

A new deadline for submission will be set for students entitled to a resit/rescheduled exam. The submission deadline will be at the turn of the month August/September. The final deadline for submission will be given in the plan for examinations. Students who failed the ordinary exam may be given one hour of academic supervision by agreement with the supervisor.

Course requirements

All reference aids are allowed as long as the rules for source references are followed.

Assessment

A grade scale with grades from A to E for pass and F for fail is used.

Permitted exam materials and equipment

The theses are assessed by one internal and one external examiner.

Grading scale

Erik Døving

Examiners

The exam papers are graded by one internal and one external examiner.

Course contact person

Fredrik Wulfsberg