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Registration information

Entry requirements: Bachelors Degree of Science in Economics and English B, or the equivalent.

Selection: On the basis of previous university credits. Between 30 and 285 credits may be taken into account.

Information about application for exchange students

  • Cancelled AS17 week 39-44, fulltime100%, day. Application code: SH-43119
  • 15/03/2018 AS18 week 41-45, fulltime100%, day. Application code: SH-43250

International Macroeconomics

Course 7.5 credits

The course covers theories about the economy’s capital structure and international flows of financial capital. The economy’s capital structure creates a link between entrepreneurship at the micro level and economic growth at the macro level. Finance, currency and exchange rate policies are covered from the perspective of economic development in a globalised world, where the link between the financial system and the real economy is emphasised. The importance of currency prices for economic calculation is studied and theoretical analysis is applied to the Baltic and Central Asian transforming economies.

The information below comes from the syllabus and is valid from: spring semester 2014

Course design

The course consists of seminars based on introductory lectures.

Learning outcomes

After the course the student can:

Knowledge and understanding

  • describe theories relating to the economy’s capital structure and to international financial flows
  • relate advanced economic theory to social macro-level problems in open economies
  • demonstrate knowledge and understanding concerning the consequences of globalisation for macroeconomic policy, using capital-based macroeconomic theory.
Skills and abilities
  • apply capital-based macroeconomic theory in comparative institutional analyses of transition economies as open economies, using an expanded capital-based macroeconomic theory to deal with international capital flows
  • Use an economic perspective in other professional contexts.
Judgement and approach
  • critically assess empirically and theory-based claims
  • understand how the theoretical perspective and the choice of methods influence scientific study.


Examination will be through written take-home examination, hand-in assignments and active participation in seminars.

Grading criteria will be distributed at course/module start.

Syllabus valid from spring semester 2014

The above information and syllabus are based on the most recently validated decision. Any previous versions are available here.

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