Intermediate Macroeconomics, 7.5 credits
(Intermediär makroekonomi, 7,5 högskolepoäng)
| Course code | 1118NE |
|---|---|
| Subject area | Economics |
| Main field of study | Economics |
| Progressive specialisation | G1F (First cycle, has less than 60 credits in first-cycle course/s as entry requirements) |
| Academic school | School of Social Sciences |
| Disciplary domain |
Social sciences 100%
|
| Grading scale | AF |
| Education cycle | First-cycle (Bachelor) |
| Course level | B |
| Language of instruction | English |
| Valid from | Autumn semester 2019 |
Validation
This course syllabus was validated by the Management Board of the School of Social Sciences at Södertörn University on 2019-02-14 according to the stipulations in the Higher Education Ordinance.
Entry requirements
30 credits in Economics A and English B or equivalent
Learning outcomes
On completing the course, the student is able to:
- apply the Cobb-Douglas production function in the analysis of growth,
- apply the Solow and Romer growth models to explain long-run economic growth,
- apply the AS/AD model to analyse short-term economic development,
- describe how fiscal policy and monetary policy are used to stabilise economic fluctations,
- critically reflect on the limitations of economic models in explaining economic reality
Course content, modules and examinations
The aim of this course is to provide students with knowledge of various modern macroeconomic models. We will use the Cobb-Douglas production function, Solow and Romer models to explain long-run economic growth. The AS-AD model is used to increase understanding of the factors that affect the economy in the short-term and how fiscal and monetary policy are used to stabilise the economy. The AD-AS model is modified using various theories to investigate the extent to which empirical events can be explained.
1001, Intermediate Macroeconomics, 7.5 credits
(Intermediär makroekonomi, 7,5 högskolepoäng)
Grades permitted: AFCourse design
Teaching is conducted in the form of lectures and seminars.
Examination format
The course is examined through written examination and assignments.
The grading criteria are distributed prior to the start of a course or module.
If a student has a certificate from Södertörn University for compensatory support, the examiner has the right to decide on an adapted examination or alternative form of examination in accordance with Södertörn University's regulations.
Restrictions on accreditation
The course may not be accredited as part of a degree if the contents are partly or wholly the same as a course previously taken in Sweden or elsewhere.