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.

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

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.

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.