Copenhagen School of Design and Technology

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Macroeconomics

2023/2024
Danish title
Makroøkonomi
Study programme
Business Economics & Information Technology
Type of education
Full time education
Level of education
Bachelor Programme
Semester
2. 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)
Jan Ivan Andersen
Jens 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 three part-exams in the semester, each weighted 20 pct., 20 pct. and 60 pct. The exams are with an internal examiner.
    - The student must take part in all the part-exams and submit an assignment. Otherwise, one will be disenrolled from the programme.
    - Part-exam 1 and part-exam 2 need not necessarily be passed.
    - Part-exam 3, also known as the semester project, must be passed.
    - The semester is passed, if the student achieves a total grade of 02 without rounding up.
    - If the semester is not passed, the student must take part in re-exams of those part-exams, that was not passed, so the total semester is passed.
    - If more than one part-exam is not passed, the re-exams must be passed in the same order, they had on the semester, until the total semester is passed.

    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 pct. 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 pct. focus mainly on the learning objectives for the knowledge and skills categories.

    The part-exam that is weighted 60 pct. 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 pct. The 60 pct. 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.
    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 and any assignment formalia 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
    Individual
    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.
    This exam is a common exam for all teaching subjects at 3. semester.
    Type of evaluation
    7-point grading scale
    Examiners
    Internal censure
    Exam criteria
    The overall grade for the semester is the weighted result of part-exam 1, part-exam 2 and part-exam 3/the semester project.
    The overall grade is the arithmetic rounded result to the nearest grade on the 7-point grading scale and it is the weighted result of:
    - The grade for part-exam 1 (20 pct.).
    - The grade for part-exam 2 (20 pct.).
    - The grade for part-exam 3/the semester project (60 pct.).
    The grade of 02 cannot be obtained by rounding up.

    The evaluation of the students performance is based on the degree to which it complies with the purpose and learning objectives of the subjects, as described in the curriculum.
62
hours of teaching
75
hours of preparation
The figure shows the extent of workload related to the subject divided into different study activities.

In the subject Macroeconomics you will receive 62 hours of instruction, which corresponds to 82 lessons (1 lesson = 45 min.) and 45% 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