This translation is for information purposes only. In the event of discrepancies, the Swedish-language version takes precedence.

Macro Theory, 7.5 Higher education credits

Makroteori, 7,5 Högskolepoäng

Established: 2023-06-01

Established by: School of Business, Economics and IT

Applies from: V24

Learning outcomes

After completing the course, the student shall be able to:

Knowledge and understanding

• have a deeper knowledge of the most prominent macroeconomic theories
• have a deeper understanding of the Swedish economy

Skills and abilities

• quantitatively apply these theories to real world macroeconomic problems
• critically analyse economic policies and development trends

Judgment and approach

• assess the consequences of monetary, fiscal and trade policy measures on the economy
• assess how macroeconomic factors affect the size of the national product, balance of payments, internal balance, business cycles, and long-term economic growth, which is the base for sustainability.

Entry requirements

Economics Basic Level, 22,5 HE credits

The forms of assessment of student performance

Examination is by individual written assignment and a individual written exam.

Course contents

The course contains the following major moments:

• the determination of National income in an open economy
• the economy in the long run and the Classical model
• the economy in the short run; business cycle theory
• economic growth
• macroeconomic policy debates and stabilization policy
• aggregate supply and aggregate demand as well as microeconomics foundation behind macroeconomics

To measure the links between the involved variables as accurate as possible, quantitative tools such as equations, elementary algebra, functions as well regression analysis are used in this course. The course involves laboratory moments.

Other regulations

Course grading: F/Fx/E/D/C/B/A - Insufficient, Insufficient- more work required before the credit can be awarded, Sufficient, Satisfactory, Good, Very Good, Excellent

Course language: The teaching is conducted in English.

General rules pertaining to examination at University West are available at www.hv.se.

If the student has a decision/recommendation on special support due to disability, the examiner has the right to examine the student in a customized examination form.

Cycle

First cycle

Progressive specialization

G1F - first cycle, has less than 60 credits in first-cycle course/s as entry requirements

Main field of study

Economics