Course

International Macroeconomics (MSB111)

This course considers economic theory, quantitative methods and empirical insights relevant for the analysis of key macroeconomic issues such as i) business cycles, ii) sustainable growth and management of national wealth, iii) macroeconomic policy and iv) international macroeconomics and trade. A particular feature of the course is its applied focus, highlighting the interaction between global macroeconomic developments, financial markets and the corporate sector.


Dette er emnebeskrivelsen for studieåret 2021-2022. Merk at det kan komme endringer.

See course description and exam/assesment information for this semester (2024-2025)

Semesters

Fakta

Emnekode

MSB111

Vekting (stp)

10

Semester undervisningsstart

Spring

Undervisningsspråk

English

Antall semestre

1

Vurderingssemester

Spring

Timeplan

Vis timeplan

Litteratur

Pensumlisten finner du i Leganto

Content

  • Macroeconomic prospects domestically and globally
  • The interaction between financial markets and macroeconomic developments
  • The decomposition of real GDP in trend and business cycles, impulse and propagation mechanisms
  • Quantitative analysis of business cycles: Decomposition of cycles vs. trend (HP-filter), seasonal adjustments, trend forecasts
  • Monetary policy and interest rate setting
  • Fiscal policy
  • Economic indicators
  • Consumption and saving
  • Aspects of economic growth, national wealth, sustainability and growth
  • Capital mobility, current account dynamics, financial (im-)balances
  • Aspects of international trade
  • Fiscal policy and the management of petroleum wealth

Learning outcome

Knowledge

Upon completion of the course, students will have knowledge of:

  • Relevant concepts, theories and empirics on major topics in modern macroeconomics such as business cycles, sustainable growth and national wealth, macroeconomic policy and international macroeconomics and trade.
  • Critical reflections on how to apply the various theories and concepts to various macroeconomic questions relevant for policy makers as well as the corporate world.

Skills

After completion of this course, students will be able to:

  • Analyze macroeconomic questions based on relevant models and methods
  • Collect and analyse macroeconomic data to evaluate model predictions and to obtain insights about macroeconomic developments.
  • Discuss and present macroeconomic insights to a broad audience.

Forkunnskapskrav

Ingen

Exam

Fagperson(er)

Study Program Director:

Ingeborg Foldøy Solli

Course coordinator:

Anders Åkerman

Method of work

Lectures, guest lectures and case assignments.

Workload:

-Regular lectures: 36 hours

-Mandatory case: 24 hours

-Independent study of course material: 105 hours

-Assignments: 105 hours

Total: 270 hours

Åpent for

Admission to Single Courses at UiS Business School
Industrial Economics - Master of Science Degree Programme Master of Science in Accounting and Auditing Business Administration - Master of Science Business Administration - Master of Science (5 years)
Exchange programmes at UIS Business School

Emneevaluering

Students will have the opportunity to give feedback on the course first in an early dialogue, and then in a written course evaluation at the end of the course.

Litteratur

Book

Macroeconomics Jones, Charles I., New York, NY, W W Norton & Company Inc, XXIII, 628, 2 unummererte sider, [2020], isbn:9780393417333,

Kontakt

Study Program Director:

Ingeborg Foldøy Solli

Course coordinator:

Anders Åkerman

Tilbys av

UiS Business School

UiS School of Business and Law

The course description is retrieved from FS (Felles studentsystem). Version 1