Copenhagen School of Design and Technology

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Macro Economics

2021/2022
Danish title
Makroøkonomi
Study programme
Business Economics & Information Technology
Type of education
Full time education
Level of education
Bachelor Programme
Semester
1. semester
Duration of the subject/module
2 semestre
Ects
5
Programme elements
Compulsory
Language
Danish and English
Start time
Spring
Autumn
Location
Guldbergsgade 29 N, København N
Subject number
9141211
Responsible for the subject(s)/modul(es)
Jens Andersen
Jan Ivan Andersen
  • Purpose and learning objectives

    In Macroeconomics, the students are introduced to the national economy starting from the economic cycle. Focus is on the development, including short-term and long-term trends in relevant leading economic indicators, cyclical conditions, and foreign trade. Macroeconomic factors and their impact on companies are also part of the teaching.

    Knowledge

    The student has gained development-based knowledge, understanding and an ability to reflect on applied theories and methods regarding
    - macroeconomic models and determination of and correlation between national income, unemployment, inflation and other macroeconomic areas
    - international economy, international trade and the balance of payments
    - differences in strategic choices regarding macroeconomic objectives.

    Skills

    The student masters skills related to
    - the use of macroeconomic theories and methods for the analysis of macroeconomic objectives, including international trade and the balance of payments
    - communication of practical and theoretical issues related to macroeconomic models and the international economy
    - macroeconomic and international economic models for the communication of practical and theoretical issues.

    Competences

    The student is able to handle complex and development-oriented issues regarding
    - theoretical models for the analysis of the impact of macroeconomic factors when seen from a business perspective.

    The student is able to identify their own learning requirements and develop their own knowledge, skills and competencies in relation to
    - macroeconomics.

  • Type of instruction
    Lectures, discussions, case assignments and multidisciplinary projects
  • Exam

    The learning outcomes of the exam are identical with the learning outcomes of the subject(s)/modul(es)

    Exam in one or more subjects
    Subject/module is tested with the following modules
    There are 3 part-exams in the semester, each weighted 20%, 20% and 60%. The exams are with an internal examiner. When the part-exams will take place, will be published on KEA's learning platform at the start of the semester.
    Type of exam
    Combined written and oral examination
    The part-exams that are weighted 20% are written exams.

    The part-exams test whether the learning objectives for the individual semester modules have been. However, the part-exams that are weighted 20% focus mainly on the learning objectives for the knowledge and skills categories.

    The part-exam that is weighted 60% is a written assignment with an individual oral defence.
    It is the project submitted by the student that serves as the starting point for the oral part of the part-exam that is weighted 60%. The 60% part-exam tests the learning objectives within the categories of knowledge, skills and competencies for all the semester modules.

    The oral exam lasts 30 min. incl. grading. An overall grade is given according to the 7-point grading scale.

    At the start of the semester, the Head of Programme may decide that the two part-exams that are weighted 20% each can be combined into one part-exam weighted 30%. If so, the weighting of the 60% part-exam will be increased to 70%. Students will be informed about such a combination of part-exams at the start of the semester.

    If part-exams weighted 20% each are combined, the resulting 30% part-exam need not be passed. The part-exam that is weighted 70% must be passed, and the total weighted result must be at least 02. The grade of 02 cannot be obtained by rounding up.

    The 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 requirements
    The 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 exam
    Group, 2-7 max participants
    Exam languages
    Danish(Norwegian/Swedish)
    Duration
    1. Individual presentation based on report: 5 minutes.
    2. Individual examination: 20 minutes.
    3. Discussion of performance and announcement of grade: 5 minutes.
    Type of evaluation
    7-point grading scale
    Examiners
    Internal censure
    Exam criteria
    The 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.

    Part-exams that are weighted 20% need not be passed. The part-exam that is weighted 60% must be passed, and the total weighted result must be at least 02. The grade of 02 cannot be obtained by rounding up.
36
hours of teaching
101
hours of preparation
The figure shows the extent of workload related to the subject divided into different study activities.

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