2025/2026 BA-BSEMO1011U Macroeconomics
English Title | |
Macroeconomics |
Course information |
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Language | English |
Course ECTS | 7.5 ECTS |
Type | Mandatory |
Level | Bachelor |
Duration | One Quarter |
Start time of the course | Third Quarter |
Timetable | Course schedule will be posted at calendar.cbs.dk |
Study board |
Study Board for Service and Markets
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Course coordinator | |
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Main academic disciplines | |
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Teaching methods | |
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Last updated on 26-06-2025 |
Relevant links |
Learning objectives | ||||||||||||||||||||||
Course aim: The purpose of the course is to give
students an understanding of (i) movements in the economy over the
business cycle, (ii) macroeconomic stabilisation policy (monetary
and fiscal) in closed and open economies, and (iii) basic aspects
of financial markets and expectations.
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Course prerequisites | ||||||||||||||||||||||
English language skills equal to B2 level (CEFR) and math skill equal to Danish level B are recommended. | ||||||||||||||||||||||
Examination | ||||||||||||||||||||||
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Course content, structure and pedagogical approach | ||||||||||||||||||||||
This course offers a general introduction to macroeconomics. We
ask questions such as, ‘What determines production, unemployment
and inflation in the short and medium run?’ To answer this, we
develop an analytical framework based on equilibrium conditions in
three markets: the goods market, the financial market and the
labour market. This framework is also used to analyze questions
like, ‘What is the scope for a government to stabilise the economy
using fiscal and monetary policy?’ Moreover, issues related to the
open economy are addressed, such as capital mobility, exchange
rates, balance of payments etc.
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Research-based teaching | ||||||||||||||||||||||
CBS’ programmes and teaching are research-based. The following
types of research-based knowledge and research-like activities are
included in this course:
Research-based knowledge
Research-like activities
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Description of the teaching methods | ||||||||||||||||||||||
Lectures & workshops | ||||||||||||||||||||||
Feedback during the teaching period | ||||||||||||||||||||||
The students will receive feedback during the course in different ways. Firstly, they will get feedback during lectures in the form of interaction with the instructor if any question arises. Secondly, they will get feedback during the exercise classes where the course is supplemented by Kahoot. This online platform provides continuous feedback, on the exercises and tests carried out. Finally, they will get feedback at the office hours. | ||||||||||||||||||||||
Student workload | ||||||||||||||||||||||
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Expected literature | ||||||||||||||||||||||
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