Examination arrangement

Course content

Macroeconomics for part-time students (short about expectations and working mode) Macroeconomics and economic history Introduction to the key concepts in the national accounts Macroeconomic models Economic Analysis Economic policy The money and capital market in a global economy The link between monetary, finance and currency policy Effects of the exchange rate on the Norwegian economy Inflation Economical growth Application of the economic theory to Norwegian economic system

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.

Learning methods and activities

Lectures on streaming as well as videos of lectures, mandatory assignments. Some lectures may be given in English. Mandatory work requirements: A mandatory assignment. Must be approved by the teacher in order to obtain the right to take the exam on this course.

Compulsory assignments

• Approved exercises

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 Re-sit of written exam in August

Specific conditions

Recommended previous knowledge

The following courses from the bachelor program in business administation: Mathematics, Business administration and Microeconomics

Credit reductions