Applied Macroeconomics

Norwegian
BST 1612
15 Credits

Introduction

Macroeconomics is the study of a country's economy as a whole and the international relationships between countries. The discipline deals with phenomena such as long-term economic growth and sustainability, inequality, cyclical movements, financial instability, unemployment, inflation and current external account deficits or surpluses. Analyses of how the authorities may influence the macroeconomic development through fiscal and monetary policies form a central element in this course.

Course content

Macroeconomic data sources
Economic growth and sustainability. Inequality and growth.
Financial markets. Asset bubbles and financial crises in an international perspective.
Financial stability
Business cycle theory
Fiscal policy
Monetary policy
Saving, national wealth and fiscal policy. Sustainable public debt.
Oil wealth and industry structure
Applied econometrics

Disclaimer

This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.