Please note! Course description is confirmed for two academic years, which means that in general, e.g. Learning outcomes, assessment methods and key content stays unchanged. However, via course syllabus, it is possible to specify or change the course execution in each realization of the course, such as how the contact sessions are organized, assessment methods weighted or materials used.


Students can apply basic macroeconomic models to evaluate macroeconomic trends and risks and to analyse a range of global policy issues.

Credits: 6

Schedule: 01.03.2022 - 13.04.2022

Teacher in charge (valid for whole curriculum period):

Teacher in charge (applies in this implementation): Mitri Kitti

Contact information for the course (applies in this implementation):

CEFR level (valid for whole curriculum period):

Language of instruction and studies (applies in this implementation):

Teaching language: English. Languages of study attainment: English


  • valid for whole curriculum period:

    Key macroeconomic concepts and models eg. endogenous growth models, international trade, international financial markets, AS-AD-model, systemic risks, macroprudential policies.

Assessment Methods and Criteria
  • valid for whole curriculum period:

    Lectures, exercises and preparation


Study Material
  • valid for whole curriculum period:

    Burda&Wyplosz, Macroeconomics a European text, Oxford University.

Substitutes for Courses
SDG: Sustainable Development Goals

    8 Decent Work and Economic Growth


Further Information
  • valid for whole curriculum period:

    The courses Intermediate Macroeconomics I and Intermediate Macroeconomics II replace the course 31C00200 Makrotaloustiede.

    Teaching Period:

    2020-2021 Spring IV

    2021-2022 Spring IV

    Course Homepage:

    Registration for Courses: In the academic year 2021-2022, registration for courses will take place on Sisu ( instead of WebOodi.