Course - Macroeconomics - SMØ2001
SMØ2001 - 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
Business cycle analysis
Economic policy
The money and capital market in a global economy
The link between monetary, fiscal and monetary policy
Effects of the exchange rate in the Norwegian economy
Inflation target
Economical growth
Application of economic theory to Norwegian conditions
Learning outcome
Knowledge
You should be able to
- explain key concepts and explain important methods used in analyses of macroeconomic issues.
- understand 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 business can utilise 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 of Norwegian conditions
- Apply the macro economy to improve your business economic performance
General competence
The student should
- be competent in asking critical and analytically sound about macroeconomic developments and see the relevance for the individual company.
- able to follow macroeconomic reasoning related to the subject, for example in connection with public debate and professional investigations.
- able to 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.
Compulsory assignments
- Mandatory requirement
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". Other calculators that are allowed in the course are: Casio FC-100V and Texas Instruments - BAII Plus.
This course is only available for students with admission to Business Administration (BØA) in Trondheim. See Specific Conditions for more details.
Specific conditions
Admission to a programme of study is required:
Business Administration (BØA)
Economics and Business Administration (MSIVØK5)
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 (latest edition): Innføring i makroøkonomi for økonomisk-administrative studier. Cappelen + task collection
Credit reductions
Course code | Reduction | From | To |
---|---|---|---|
SØ215 | 6.0 | SPRING 2005 | |
SØ215 | 6.0 | SPRING 2005 | |
SMØ8001 | 7.5 | SPRING 2006 | |
SØ110 | 6.0 | SPRING 2005 | |
TIØ4105 | 2.5 | AUTUMN 2021 | |
SØK1000 | 7.5 | AUTUMN 2022 |
No
Version: A
Credits:
7.5 SP
Study level: Intermediate course, level II
Term no.: 1
Teaching semester: AUTUMN 2023
Language of instruction: Norwegian
Location: Trondheim
- Economics
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 SL110 hvit sone Sluppenvegen 14 24 SL410 orange sone Sluppenvegen 14 58 SL410 blå sone Sluppenvegen 14 51 SL215 Sluppenvegen 14 1 SL111 orange sone Sluppenvegen 14 60 SL274 Sluppenvegen 14 7 SL120 blå sone Sluppenvegen 14 17 SL110 lilla sone Sluppenvegen 14 64 - 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"