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 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 regarding
    - key concepts of microeconomics, economic thinking and economic systems
    -supply and demand, consumer and producer behaviour, price mechanisms, market interventions and market structures

    Skills

    The student masters skills related to the use of
    - 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.

    Competences

    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
  • 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
    Type of exam
    Combined written and oral examination
    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
    External 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.
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