Macro-economic policy (1541) |
| Language of instruction : English |
| Credits: 6,0 | | | | | Period: semester 1 (6sp) | | | | | 2nd Chance Exam1: Yes | | | | | Final grade2: Numerical |
| | | Exam contract: not possible |
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Sequentiality
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Mandatory sequentiality bound on the level of programme components
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The student must understand basic macroeconomic concepts. This includes the following concepts: - Supply and demand
- Economic growth
- Unemployment
It is advised for students to have followed the economic current affairs to some extent.
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This course consists of 3 parts.
- In the first part, a number of basic concepts are introduced or revisited (e.g. inflation, unemployment, balance of payments), incl. numerical data on key macroeconomic variables for major economies.
- The second part focuses on the pre-crisis consensus model of economic growth. The short-term model and the long-term model are discussed. Finally, macroeconomic policies (supply and demand policies) are studied.
- In the third and final section, we analyze how the recent Global Financial Crisis (GFC) has affected the pre-crisis consensus model. More specifically, the importance of financial stability for economic growth is highlighted.
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Lecture ✔
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Discussion/debate ✔
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Learning outcomes | | EC = learning outcomes DC = partial outcomes BC = evaluation criteria |
| Offered in | Tolerance3 |
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2nd Master of Business and Information Systems Engineering
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J
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3rd Bachelor of Business Economics
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J
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3rd Bachelor of Business Engineering choice
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J
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Bridging Programme Master of Business Economics
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J
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Exchange Programme Business Economics
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J
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Preparation Programme Master of Business Economics
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J
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1 Education, Examination and Legal Position Regulations art.12.2, section 2. |
| 2 Education, Examination and Legal Position Regulations art.15.1, section 3. |
3 Education, Examination and Legal Position Regulations art.16.9, section 2.
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