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Growth theory, entrepreneurship and macroeconomic outcomes

Course

Intermediate Macroeconomics

7.5 credits

AS2019 / AS2019

100%

Campus

This course in intermediate macroeconomics further develops the analytical tools used on the previous course. In addition to stabilisation policy, the course examines exogenous and endogenous growth theory and the relationship between the entrepreneur and the macroeconomic outcome.

Want to know why you should study at Södertörn University? Find out here.

Tools and knowledge for analysing important societal issues After studying Economics, you can work in both the public and private sectors, for national or international organisations, with issues relating to the economics of society. In the private sector, it is common for economists to work at banks or in companies in the financial sector. However, economists may also work at consultancies or other companies that require socio-economic expertise. In the public sector, you could work at government ministries, public authorities, municipalities or the Swedish Riksbank. Studying Economics gives you important, societally beneficial knowledge. After your studies, you will have the tools and knowledge necessary to analyse important societal issues Studying Economics is not only a strength on the labour market, but it also provides an important general education for understanding our societal economy. Read about research in this subject
The importance of economics for growth and societal development On this course, you will develop and expand on the analytical tools used on the previous course, bringing in-depth understanding of macroeconomic models that analyse national income, unemployment, inflation and exchange rates, as well as models for economic growth. You will examine stabilisation policy, as well as exogenous and endogenous growth theory and the relationship between the entrepreneur and the macroeconomic outcome. Monetary and fiscal policy is analysed through the application of macroeconomic models, as are consumption and investment in an open economy context. You will learn about the importance of economics in the process of societal development, as well as the responsibility associated with the use of economic tools. Course design The course is taught through lectures and seminars, and is assessed using a written take-home examination.
How can we manage sparse resources and work towards sustainable economic growth? Economics is important for societal democracy, as the purpose of the subject is to investigate how we manage and distribute sparse resources. The subject therefore has a strong link to most of the UN global goals. Economics has a broad perspective that covers many societal functions, everything from conditions for businesses and employees to those for sustainable development and the role of the financial market in global stability. Economics covers many different areas and has clear links to many current societal problems. Studying the subject provides insight into environmental economics, development economics, financial economics, industrial organisation, labour market economics and various theories of international trade. These areas are strongly associated with current societal problems such as trade wars and globalisation, unemployment and integration, poverty and opportunities for development in low-income countries. If you study Economics, you will gain important societal knowledge that is beneficial on the labour market, as well as tools for analysing important societal problems. At Södertörn University, our aim is to teach the subject using a broad perspective and an unconditional approach.