SMØ2001 - Macroeconomics


Examination arrangement

Examination arrangement: Home examination
Grade: Passed/Failed

Evaluation form Weighting Duration Examination aids Grade deviation
Home examination 100/100 4 hours

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 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: 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.

Compulsory assignments

  • Mandatory requirement

Further on evaluation

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.

Specific conditions

Exam registration requires that class registration is approved in the same semester. Compulsory activities from previous semester may be approved by the department.

Admission to a programme of study is required:
Business Administration (BØA)
Business Administration (ØA369)
Business Administration (ØABACHELOR)
Business Management (162AL)
Marketing, Innovation and Management (359ML)

Required previous knowledge


Credit reductions

Course code Reduction From To
SØ215 6.0 01.08.2005
SØ215 6.0 01.01.2005
SMØ8001 7.5 01.01.2006
SØ110 6.0 01.01.2005
More on the course



Version: A
Credits:  7.5 SP
Study level: Intermediate course, level II


Term no.: 1
Teaching semester:  AUTUMN 2020

Language of instruction: Norwegian

Location: Trondheim

Subject area(s)
  • Economics
Contact information
Course coordinator: Lecturer(s):

Department with academic responsibility
NTNU Business School



Examination arrangement: Home examination

Term Status code Evaluation form Weighting Examination aids Date Time Digital exam Room *
Autumn ORD Home examination 100/100

Release 2020-12-09

Submission 2020-12-09

Release 09:00

Submission 13:00

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"

More on examinations at NTNU