course-details-portlet

SØK3529 - Dynamic Macro

About

Lessons are not given in the academic year 2024/2025

Course content

The course covers models and methods of macroeconomic problems, with particular emphasis on the analysis of policy and business cycles.

Learning outcome

Knowledge

You learn

  • how public deficits affect aggregate demand (Ricardian equivalence)to analyze sustainability of public deficit
  • show pension systems affect savings and growth (overlapping generations model)
  • how private and public savings decisions affect the foreign economy of a country (the trade account and the current account)
  • the relationship between monetary policy, inflation and business cycleshow expectations affect the macroeconomy
  • how the financial markets and debt accumulation affect the business cycle (background and effects of financial crises)

Skills

You should be able to

  • explain central theories and models of public deficits, macroeconomic consequences of decisions on savings and dynamic effects of monetary policy
  • analyze a wide spectrum of macroeconomic problems by the use of suitable models

General competence

You should be able to

  • read and understand reports and research articles dealing with issues discussed in the course
  • use the content of the course in your own academic work like your master

Learning methods and activities

4 hours of lectures every week. The course has compulsory activity. Specific requirements will be announced at the beginning of the term. The term papers can be written as a joint project. The course is an optional master's course, and is not taught every autumn semester. Check www.ntnu.edu/econ. Students enrolled in ISØ's master programs can take the course any semester.

Further on evaluation

Approved compulsory activity applies to later semesters.

Specific conditions

Admission to a programme of study is required:
Economics (MSØK)
Economics (MSØK/5)
Financial Economics (MFINØK)

Required previous knowledge

None.

Course materials

Announced at the beginning of the term.

Credit reductions

Course code Reduction From To
SØK3003 7.5 AUTUMN 2015
More on the course

No

Facts

Version: 1
Credits:  15.0 SP
Study level: Second degree level

Coursework

No

Language of instruction: English, Norwegian

Location: Trondheim

Subject area(s)
  • Economics
  • Social Sciences
Contact information

Department with academic responsibility
Department of Economics

Examination

  • * 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.
Examination

For more information regarding registration for examination and examination procedures, see "Innsida - Exams"

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