- Purpose and learning objectives
In Macroeconomics we take a more holistic view on economics by identifying major issues and key components facing our society and its ability to grow and prosper. Since growth is the essential ingredient for creating wealth and sustained poverty reduction, the focus will be to identify the primary sources that determines economic growth including the policies and contribution from technology and innovation. The course will introduce you to Applied Longitudinal Data Analysis with the purpose of gaining insights on aggregate economic performance.Knowledge
The student has gained development-based knowledge, understanding and an ability to reflect on applied theories and methods regardingSkills
- key concepts of microeconomics, economic thinking and economic systems
-supply and demand, consumer and producer behaviour, price mechanisms, market interventions and market structures
The student masters skills related to the use ofCompetences
- microeconomic theories and price formation models, including short-term and long-term supply and demand
- theories and methods to analyse market efficiency and the impact of market interventions on efficiency as well as producer and consumer surplus
- microeconomic models to be presented to partners and users.
The student is able to handle complex and development-oriented issues regarding
- financial decision-making based on an understanding and analysis of market efficiency, costs and profit.
The student is able to identify their own learning requirements and develop their own knowledge, skills and competencies in relation to microeconomics.
- Type of instruction
Lectures, discussions, case assignments and multidisciplinary projects
The learning outcomes of the exam are identical with the learning outcomes of the subject(s)/modul(es)Exam in one or more subjectsType of examCombined written and oral examinationThe overall grade for the second semester is the weighted average of module 4 case,module 5 case and theexam project.The total grade is rounded to the nearest grade in the 7-point grading scaleaccording to the arithmetic rounding method.However, there is no rounding up to the grade of 02. The total grade for the 2. semester is the weighted average of the grade for the module 4 case(weights 20%)!The grade forthe module 5 case (weights 20%) Grades for exam project (weights 60%)The semester is passed when the student achieves a total grade of 02 as a minimum and meets the prerequisite conditions for each module and the exam project. If the semester is not passed, the exam project must be re-taken.Formal requirementsThe exam project must be interdisciplinary and problem oriented.
The School lays down the actual requirements for the project, which will combine essential fields of the 2rd semester teaching. The School must secure that the project description is given to the students and the examiners.
Handing in Report
The report must not exceed 35 standard pages excluding appendices. Appendices should be kept to a minimum.Individual exam or group examGroup, 2-7 max participantsExam languagesDanish(Norwegian/Swedish)Duration1. Individual presentation based on report: 5 minutes.
2. Individual examination: 20 minutes.
3. Discussion of performance and announcement of grade: 5 minutes.Type of evaluation7-point grading scaleExaminersExternal censureExam criteriaThe student will receive an individual grade for the overall performance covering report,
presentation and individual examination. The evaluation of the performance is based on the
degree to which it complies with the purpose and learning objectives of the subjects, as described in the curriculum.
In the subject Macro Economics you will receive 36 hours of instruction, which corresponds to 48 lessons (1 lesson = 45 min.) and 26% of your total workload for the subject.
The teaching primarily consists of the following activities: classroom teaching, cases, interdisciplinary project-based teaching.
The preparation primarily consists of the following activities: reading the curriculum, group work, project work.
Read about KEAs Study Activity Model
*KEA can deviate from the number of hours if this is justified by special circumstances