ECN222 Macroeconomics II - Models and Policy
Credits (ECTS):10
Course responsible:Eirik Romstad
Campus / Online:Taught campus Ås
Teaching language:Norsk
Course frequency:Annually
Nominal workload:250 hours
Teaching and exam period:This course starts in Spring parallel. This course has teaching/evaluation in Spring parallel.
About this course
Macroeconomics with emphasis on economic growth, business cycle analysis, and stabilization policy.. Covers fiscal and monetary policy which are mainly discussed in the context of Norwegian and international economic issues.
Learning outcome
Knowledge
- Candidates from the course shall know core macroeconomic topics, questions, models.
- Have specific knowledge of Keynesian multiplier models, the IS-RR-PC model for closed and open economies, growth models and models to explain mpacts of exogenous shocks on the economy.
Skills
- Candidates shall be able to use these models for doing critical analyses of current macroeconomic issues, including assessing the consequences of macroeconomic changes for firms and individuals.
- Candidates shall be able to analyze economic policy and economic reports, such as "Parliamentary White Papers" .
General competence
- Candidates shall be able to communicate core macroeconomic topics, models and questions to others.
Learning activities
Teaching support
Prerequisites
Assessment method
Examiner scheme
Mandatory activity
Teaching hours
Admission requirements