Course code ECN222

ECN222 Intermediate Macroeconomics

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Showing course contents for the educational year 2014 - 2015 .

Course responsible: Ragnar Arnljot Øygard
ECTS credits: 10
Faculty: School of Economics and Business
Teaching language: NO
(NO=norsk, EN=Engelsk)
Limits of class size:
Teaching exam periods:
This course starts in Autumn parallel. This course has teaching/evaluation in Autumn parallel, .
Course frequency: Annually
First time: Study year 2013-2014
Preferential right:
Course contents:
The course consist of three parts: 1. Business cycle analysis and stabilization policy 2. Economic growth 3. Topics of special current interest, e.g. inflation targeting, the zero lower bound on the interest rate, and the Eurozone crisis.
Learning outcome:
Candidtates from the course shall know core macroeconomic models, such as: *Keynesian multiplier models. *IS-LM-BP, including the Mundell-Fleming model. *AD-AS *The Solow growth model and newer growth theory. Candidates should be able to use these models for - analysing macroeconomic issues, and consequences of macroeconomic changes for firms and individuals. - analysing economic policy and economic reports such as "Parliamentary White Papers" and NOU-reports
Learning activities:
The course combines lectures, exercises,  class discussions, as well as a comprehensive web site with links to economic literature.
Teaching support:
Selected parts of: Blanchard, Olivier m.fl. "Macroeconomics. A European Perspective" (newest edition) plus suplementary material.
ECN120 and ECN122 or similar course
Recommended prerequisites:
Mandatory activity:
Written exam 3 hours. 
Nominal workload:
300 hours
Entrance requirements:
Minimum requirements for entrance to higher education in Norway (generell studiekompetanse)
Reduction of credits:
ECN220 - 5 stp
Type of course:
2*2 hours of lectures and exercises per week.
A similar course in "intermediate macroeconomics" is offered in many universities in Norway and internationally.
External examiner will control the quality of syllabus, questions for the final examination, and principles for the assessment of the examination answers.
Allowed examination aids: Calculator handed out, no other aids
Examination details: One written exam: A - E / Ikke bestått