Course code ECN222

ECN222 Intermediate Macroeconomics

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Showing course contents for the educational year 2016 - 2017 .

Course responsible: Ragnar Arnljot Øygard
Teachers: Joachim Minge Thøgersen, Nina Elise Larsson Midthjell
ECTS credits: 10
Faculty: School of Economics and Business
Teaching language: NO
(NO=norsk, EN=Engelsk)
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
Course contents:
The course consist of three parts: 1. Business cycle analysis and stabilization policy. 2. Economic growth. 3. Current topics, crises, the liquidity trap and crisis in the Euro zone.
Learning outcome:

Candidates from the course shall know core macroeconomic topics, questions, models, such as Keynesian multiplier models, IS-LM-BP (Mundell-Fleming) models, AD-AS models, growth models (especially the Solow growth model) and models to explain financial crises.  

Candidates shall be able to use these models for doing basic analyses of current macroeconomic issues, including assessing the consequences of macroeconomic changes for firms and individuals.

Candidates shall be able to analyse economic policy and economic reports, such as "Parliamentary White Papers" and NOU-reports.

Candidates shall be able to communicate core macroeconomic topics, models and questions to others.

Learning activities:
The course combines lectures, exercises, class discussions, and own study of an assigned curriculum. 
Parts of: Holden, Steinar (2016): «Makroøkonomi» (1. utg.)  and additional articles. A complete curriculum will be handed out at the start of the course.
ECN120 and ECN122 or similar course.
Recommended prerequisites:
Written exam, 3 hours (100%). 
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