| Learning objectives |
Participants completing this course are expected
to be able to understand and explain a number of economic
phenomena, such as:
- Explain fundamental economic behavior in the goods, financial
and labour markets.
- Demonstrate an understanding of macroeconomic (fiscal policy,
monetary policy, financial stability policy) responses to
macroeconomic fluctuations and how such responses affect firms and
households.
- Explain how the macroeconomic situation affects financial
markets and financial assets, and vice versa
- Apply economic and financial theory and empirics to firms’
decisions and behaviour, such as investment and financing decisions
and their operating performance.
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| Prerequisites for registering for the exam
(activities during the teaching period) |
|
Number of compulsory
activities which must be approved (see section 13 of the Programme
Regulations): 1
Compulsory home
assignments
On-site applied assignment: Group presentation of company case. As
part of the presentation, students will provide peer-feedback, both
on the work done in the groups and on the in-class presentation of
the groups' solution to the assignment.
|
| Examination |
The exam in the subject consists of two parts:
| Part 1 -
Macroeconomics and Financial Markets: | | Sub exam weight | 50% | | Examination form | Written sit-in exam on CBS'
computers | | Individual or group exam | Individual exam | | Assignment type | Multiple choice | | Duration | 2 hours | | Grading scale | 7-point grading scale | | Examiner(s) | One internal examiner | | Exam period | Autumn and Winter | | Aids | Closed book: no aids
However, at all
written sit-in exams the student has access to the basic IT
application package (Microsoft Office365 (minus Excel), document
camera and paper, 7-zip file manager, Adobe Reader DC, PDF24,
Texlive, VLC player, Windows Media Player – ATTENTION no sound
allowed), 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 The number of registered candidates for the make-up
examination/re-take examination may warrant that it most
appropriately be held as an oral examination. The programme office
will inform the students if the make-up examination/re-take
examination instead is held as an oral examination including a
second examiner or external examiner. The make-up/re-examination may be
held as an oral examination if the number of registered candidates
warrants this. |
| Part 2 -
Macroeconomics and Financial Markets: | | Sub exam weight | 50% | | Examination form | Home assignment - written product | | Individual or group exam | Individual exam | | Size of written product | Max. 5 pages | | Assignment type | Written assignment | | Release of assignment | Subject chosen by students themselves, see
guidelines if any | | Duration | Written product to be submitted on specified date
and time. | | Grading scale | 7-point grading scale | | Examiner(s) | One internal examiner | | Exam period | Winter and Spring | | Make-up exam/re-exam | Same examination form as the ordinary exam The make-up/re-examination may be
held as an oral examination if the number of registered candidates
warrants this. |
|
| Course content, structure and pedagogical
approach |
|
This course offers a broad introduction to some key issues in
current macroeconomic and financial debates.
The aim of this course is to enable the participants to better
understand, first, the origin of macroeconomic and financial issues
affecting economics; second, how they may be mitigated through
economic policy; third, what determines interest rates and returns
on other financial assets. In the course, emphasis is on how
macroeconomic developments affect financial markets and the
financing opportunities of firms.
Throughout the course, modern analytical tools will be used to
address these issues. Intuition and real-world applications are
prioritized over formal models and technical details. The reading
material is based on textbook chapters, articles from international
journals and reports from respected policy institutions and think
tanks. All sessions will comprise elements of both lectures and
discussion, in plenum as well as in groups.
|
|
| 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
- Classic and basic theory
- New theory
- Teacher’s own research
- Methodology
- Models
Research-like activities
- Data collection
- Analysis
- Discussion, critical reflection, modelling
|
| Description of the teaching methods |
The course is structure in 8 sessions and diverse
teaching methods using lectures, cases, readings, and discussions.
The class meetings are interactive and require ongoing engagement
of the students.
The module may include visits to financial and other
companies. |
| Feedback during the teaching period |
The feedback
Feedback is given to the student together with the grade when
written and oral exams have been evaluated.
The evaluation
At the evaluation unit at CBS’s Economic & Analysis department
we ask you to evaluate the overall course. In other words if there
has been exercise classes and lectures the evaluation should
include both. We evaluate every course and faculty to secure and
strengthen the professional level of the offered course.
|
| Student workload |
| Lectures |
32 hours |
| Preparation + Exam |
50,5 hours |
|
| Expected literature |
|
Syllabus will be available, well in time, before the first
session
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