LEARNING OUTCOMES
Students understand key macroeconomic concepts and can use basic models of economic growth, labour markets and goods and money markets to analyse the effects of monetary and fiscal policies on key macroeconomic variables.
Credits: 5
Schedule: 07.01.2025 - 19.02.2025
Teacher in charge (valid for whole curriculum period):
Teacher in charge (applies in this implementation): Nigel Mcclung
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: Finnish, English
CONTENT, ASSESSMENT AND WORKLOAD
Content
valid for whole curriculum period:
Key macroeconmic concepts and models e.g. national accounting, long-run growth, wages and unemployment, interest rates, goods and money markets, IS-TR-IFM-model.
Assessment Methods and Criteria
valid for whole curriculum period:
exam 60%, assignments 40%
Workload
valid for whole curriculum period:
lectures, exercises and preparation
DETAILS
Study Material
valid for whole curriculum period:
Burda&Wyplosz, Macroeconomics a European text, Oxford University.
Substitutes for Courses
valid for whole curriculum period:
Prerequisites
valid for whole curriculum period:
SDG: Sustainable Development Goals
8 Decent Work and Economic Growth
FURTHER INFORMATION
Further Information
valid for whole curriculum period:
Teaching Language: English
Teaching Period: 2024-2025 Spring III
2025-2026 Spring III