2290.21 - Intermediate Macroeconomics 1
Course number
2290.21
Title
Intermediate Macroeconomics 1
ECTS
7.5
Prerequisites
Pass grade in Mathematics B at the upper secondary level.
Skills and knowledge from or equivalent to those taught in the
courses Principles in Microeconomics and Macroeconomics, and
Mathematics 1 is an advantage.
Purpose
The purpose of the course is to provide the students with the
independent competence to use the most important basic
theoretical and formal models in long-run macroeconomic
analysis, in order to anchor the students in scientific methodology
and theories of the subject.
Content
The course teaches long-run macroeconomics and economic
growth, and gives the students knowledge of the standard formal
models of economic growth and long-run tendencies is
productivity and income, consumption and capital formation. The
course introduces other determinants of economic growth in order
to give a proper introduction to the extent of the subject.
Learning and teaching approaches
Lectures and exercises
Learning outcomes
Upon successful completion of the course the student should be
able to:
• Analyze and explain central aspects of long-run
macroeconomics
• Analyze and explain central aspects of economic growth
theories
• Use formal models from modern growth theory to explain
economic growth and the disparity in income between
countries
• Apply econometric analysis in assessment of effects on
world countries’ growth performance
Assessment method
Written exam
Examination
External
Marking scale
7-
Bibliography
TBA
Contact
Johnny í Grótinum