Course - Macroeconomics - AE101408
AE101408 - Macroeconomics
About
Examination arrangement
Examination arrangement: School exam
Grade: Letter grades
| Evaluation | Weighting | Duration | Grade deviation | Examination aids |
|---|---|---|---|---|
| School exam | 100/100 | 4 hours | D |
Course content
- Macroeconomics and economic history
- Introduction to the concepts in the national accounts
- Macroeconomic models
- Economic policy
- The money and capital market in a global economy
- The link between monetary and fiscal policy
- Effects of the exchange rate on the Norwegian economy
- Inflation and inflation targeting
- Economic growth
- Application of economic theory to Norwegian conditions
Learning outcome
Learning outcome
Knowledge:
- You should be able to explain key concepts and explain important methods used in analyses of macroeconomic issues
- Understanding of key economic notions of macroeconomic goals and policy instruments
- Understand the connection between key macroeconomic measures
- Knowledge about money and the foreign exchange market, and how the exchange rate is determined
- Have basic knowledge of topics such as unemployment, inflation and economic growth
- Could link macroeconomic topics to the other subjects included in the Bachelor's program such as business economics and microeconomics
- Know how businesses can utilize macroeconomic knowledge
Skills:
- Through this course you develop insight into key macroeconomic factors that affect the real economy and have insight into how economic policy can be formulated
- Be able to explain cyclical macro.phenomena and discuss measures to stabilize the economy
- Discuss the different types of unemployment and explain the relationship between inflation and unemployment
- Use the economic theory with respect to Norwegian conditions
- Apply the knowledge of macro economics to improve your business economic performance
General competence:
- Competent in asking critical and analytically sound about macroeconomic developments and see the relevance for the individual company
- Follow macroeconomic reasoning related to the subject, for example in connection with public debate and professional investigations
- Show how macroeconomic development (growth, interest rate and exchange rate) as well as economic policy affect the real economy and the economic choices within companies
Learning methods and activities
- Lectures and seminars
- Compulsory group assignment
- Compulsory individual mid-term test (multiple-choice)
Compulsory assignments
- Obligatorisk forkrav
Further on evaluation
4 hours individual written exam (counts 100 % of the grade). Grade scale A-F.
Supporting material allowed on exams: Approved calculator regarding NTNUs support material code B-D "specific basic calculator".
Compulsory assignment must be approved before you can take the exam. The assignment will be specified at the start of the course. Approved compulsory work requirements must not be resubmitted in subsequent attempts at an examination.
Recommended previous knowledge
The following courses from the bachelor program in business administation: Mathematics, Business administration and Microeconomics
Required previous knowledge
None
Course materials
- Leiv Opstad (last edition): Innføring i makroøkonomi for økonomisk-administrative studier. Cappelen Damm AS. Texbook + collection of exercises.
- Articles and other supporting materials distributed on Blackboard.
Credit reductions
| Course code | Reduction | From | To |
|---|---|---|---|
| SØ215 | 6.0 | AUTUMN 2020 | |
| SØ110 | 6.0 | AUTUMN 2020 | |
| SMØ8001 | 7.5 | AUTUMN 2020 |
No
Version: 1
Credits:
7.5 SP
Study level: Intermediate course, level II
Term no.: 1
Teaching semester: AUTUMN 2023
Language of instruction: Norwegian
Location: Ålesund
- Economics
Department with academic responsibility
Department of International Business
Examination
Examination arrangement: School exam
- Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
- Autumn ORD School exam 100/100 D 2023-12-20 09:00 INSPERA
-
Room Building Number of candidates C226 Ankeret/Hovedbygget 5 C215 Ankeret/Hovedbygget 3 Gymsal Laterna/Lab-bygg 78 - Summer UTS School exam 100/100 D INSPERA
-
Room Building Number of candidates
- * The location (room) for a written examination is published 3 days before examination date. If more than one room is listed, you will find your room at Studentweb.
For more information regarding registration for examination and examination procedures, see "Innsida - Exams"