Credits: 6

Schedule: 28.10.2019 - 11.12.2019

Teacher in charge (valid 01.08.2018-31.07.2020): 

Tuukka Saarimaa

Teaching Period (valid 01.08.2018-31.07.2020): 

II Autumn (2019-2020)

Learning Outcomes (valid 01.08.2018-31.07.2020): 

After this course, the student will have a basic understanding of aggregate economic phenomena including economic growth, business cycles, employment, savings, investment, inflation, fiscal and monetary policy and national accounts

Content (valid 01.08.2018-31.07.2020): 

Determinants of economic growth. Cyclical economic phenomena and economic policy responses. System of national accounting and external balance.

Assessment Methods and Criteria (valid 01.08.2018-31.07.2020): 

Examination and Exercises

Exam will be changed to home exam.

Spring 2020 re-take exam replaced by independent project.

Workload (valid 01.08.2018-31.07.2020): 

In total 160h, consisting of lectures and exercises and independent work.


Spring 2020 re-take exam replaced by independent project.

Study Material (valid 01.08.2018-31.07.2020): 

Core project: The Economy

Prerequisites (valid 01.08.2018-31.07.2020): 

No prerequisites

Grading Scale (valid 01.08.2018-31.07.2020): 


Registration for Courses (valid 01.08.2018-31.07.2020): 

via WebOodi

Further Information (valid 01.08.2018-31.07.2020): 

A maximum of 60 students can be accepted to the course. Priority is given
1. Students in BSc programme in Economics (quota 40 students)
2. Students in BSc programme in Science and Technology and Students
in BSc programme in Design (quota 5 students)
3. Other Aalto students (quota 15 students)
In each quota students are selected in the order of enrollment. If a given
quota is not filled, more students from other quotas can be accepted to the


Registration and further information