| Learning objectives |
- Explain and apply the fundamental theories of growth and
productivity
- Outline and assess the existing evidence on growth and
productivity
- Explain and apply the theories of production, consumption,
savings and investment
- Explain the effects of policies and shocks on the economy
- Outline and assess the existing evidence on production,
consumption, savings and investment
|
| Examination |
|
Advanced
Macroeconomics:
|
| Exam
ECTS |
7,5 |
| Examination form |
Written sit-in exam on CBS'
computers |
| Individual or group exam |
Individual exam |
| Assignment type |
Written assignment |
| Duration |
4 hours |
| Grading scale |
7-step scale |
| Examiner(s) |
One internal examiner |
| Exam period |
Spring |
| Aids |
Closed book: no aids
However, at all
written sit-in exams the student has access to the basic IT
application package (Microsoft Office (minus Excel), digital pen
and paper, 7-zip file manager, Adobe Acrobat, Texlive, VLC player,
Windows Media Player), and the student is allowed to bring simple
writing and drawing utensils (non-digital). PLEASE NOTE: Students
are not allowed to communicate with others during the
exam. |
| Make-up exam/re-exam |
Same examination form as the ordinary exam
If the number of registered candidates for the make-up
examination/re-take examination warrants that it may most
appropriately be held as an oral examination, the programme office
will inform the students that the make-up examination/re-take
examination will be held as an oral examination
instead.
|
|
| Course content and structure |
|
The aim of the course is to provide students with an
understanding of the macroeconomic environment of businesses. Such
understanding is essential for key employees in both financial and
non-financial institutions, corporations, and the government. The
course focuses on growth and productivity. Growth is a huge problem
for the world economy these days, and productivity is a major
challenge to the developed and developing economies. The course
will also study the determinants of production, consumption, saving
and investment. Their interplay with growth and productivity is at
the core of both short term and long term economic policies in the
US and in the EU.
|
| Description of the teaching methods |
| The course is composed of 11 three-hour sessions.
These class activities will involve lectures and problem-solving
exercises. |
| Feedback during the teaching period |
| We try to offer feedback in response to your
questions and work whenever feasible although please appreciate
that there are often time constraints. Please feel free to take
full advantage of the ‘office hours’ offered by full-time staff
members, although these can never be a substitute for participation
in lectures and classes. We also encourage you to ask questions or
make comments in class and form self-study groups to secure peer
feedback on your work. |
| Student workload |
| Lectures/ class exercises / “homework café”/ workshops
etc. |
33 hours |
| Preparation time (readings, group work, etc.) |
169 hours |
| Exam |
4 hours |
|
| Expected literature |
- Romer, David (2018) Advanced Macroeconomics, McGraw-Hill, 5th
edition. ISBN 978-1260185218
- Further recommended readings and articles will be posted in
Learn.
|
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