Course - Macroeconomics for Managers - SØK1151
SØK1151 - Macroeconomics for Managers
About
Examination arrangement
Examination arrangement: Written examination
Grade: Letters
| Evaluation | Weighting | Duration | Grade deviation | Examination aids |
|---|---|---|---|---|
| Written examination | 100/100 | 4 timer |
Course content
This course gives an overview of basic macroeconomic concepts and methods that are necessary ingredients in many types of managerial decisions. The course introduces key concepts such as the GDP, various measures of inflation and unemployment, interest rates, and exchange rate. Building on this foundation it analyzes various aspects of macroeconomics: aggregate supply and demand, international financial markets, cyclical fluctuations, policy analysis, and forecasting.
Learning outcome
Knowledge
You learn
- basic macroeconomic concepts such as GDP, unemployment, inflation, interest rates and exchange rates
- about business cycles
- short run macroeconomic models; how fiscal and monetary policies affect activity levels, interest rates, exchange rates, trade, consumption and investment
- about international financial markets
- about economic forecasting
- about important macroeconomic crises, including the financial crisis and public debt dynamics.
Skills
You should be able to
- use macroeconomic models to discuss how economic policies and other shocks will affect the economy in particular how firms are affected
- analyze the economic situation of an economy
- relate the economic theories to the development of the Norwegian and the international economy
General competence
You should be able to
- see how economic trends and events will affect the firms environments in the near future, and thus be part of your investment decisions and strategic planning
Learning methods and activities
2 hours of lectures every week, and 2 hours of practical assignments every second week. One compulsory term paper that can be written as a joint project by up to four students.
Compulsory assignments
- One approved term paper.
Recommended previous knowledge
None
Required previous knowledge
None
Course materials
Announced at the beginning of the term.
Credit reductions
| Course code | Reduction | From | To |
|---|---|---|---|
| SØK1003 | 7.5 | ||
| SØK1012 | 7.5 |
No
Version: 1
Credits:
7.5 SP
Study level: Foundation courses, level I
Term no.: 1
Teaching semester: AUTUMN 2014
Language of instruction: English
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- Social Science
- Social Sciences
- Economics
Examination
Examination arrangement: Written examination
- Term Status code Evaluation Weighting Examination aids Date Time Examination system Room *
- Autumn ORD Written examination 100/100 2014-12-20 09:00
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Room Building Number of candidates - Spring ORD Written examination 100/100 2015-05-27 09:00
-
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"