Print Syllabus

Syllabus

NA0187 Introduction to macroeconomics, 7.5 Credits

Introduktion till makroekonomi

Subjects

Economics Economics

Education cycle

Bachelor’s level

Modules

Title	Credits	Code
Single module	7.5	0001

Advanced study in the main field

First cycle, has only upper-secondary level entry requirements
Bachelor’s level (G1N)

Grading scale

Language

Swedish

Prior knowledge

Knowledge equivalent to general entry requirements and Mathematics 3b or Mathematics 3c and Social Studies 1b or Social Studies 1a1+1a2.

Objectives

The course aims to provide basic knowledge in macroeconomics.

After completing the course, the student should be able to:

• clarify various explanations for short-term economic fluctuations in both closed and open economies;

• explain the effects of inflation, unemployment, and long-term growth rates in closed and open economies;

• explain the macroeconomic effects of fiscal and monetary policy with reference to both theory and relevant empirical observations.

Content

The course is carried out with the help of lectures, exercises, and self-study.

The course is about understanding how an economy - such as the Swedish economy - works, and how it can be managed. The course deals with theories that explain economic fluctuations in the short term and discusses the factors that govern the rate of inflation, unemployment, and growth in the long term. The course explains these theories in the context of both closed economies and open economies. A central perspective in the course is the circular flow of money between households, firms and other institutions. Based on economic theory and empirical observations, the course explains the various choices in macroeconomic policy.

Basic knowledge of macroeconomics is necessary to be able to analyse sustainability issues in environmental policy, agricultural policy and forest policy.

Grading form

The grade requirements within the course grading system are set out in specific criteria. These criteria must be available by the course start at the latest.

Formats and requirements for examination

Passed exams.

• If a student has failed an examination, the examiner has the right to issue supplementary assignments. This applies if it is possible and there are grounds to do so.

• The examiner can provide an adapted assessment to students entitled to study support for students with disabilities following a decision by the university. Examiners may also issue an adapted examination or provide an alternative way for the students to take the exam.

• If this syllabus is withdrawn, SLU may introduce transitional provisions for examining students admitted based on this syllabus and who have not yet passed the course.

• For the assessment of an independent project (degree project), the examiner may also allow a student to add supplemental information after the deadline for submission. Read more in the Education Planning and Administration Handbook.

Other information

• The right to participate in teaching and/or supervision only applies for the course instance the student was admitted to and registered on.

• If there are special reasons, students are entitled to participate in components with compulsory attendance when the course is given again. Read more in the Education Planning and Administration Handbook.

Responsible department

Department of Economics