7.5 credits cr.
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The course aims at providing deeper insights in macroeconomic theory and applying it to current macroeconomic policy problems.
The main topics are economic growth, the determination of employment, monetary and fiscal policy in a small open economy, exchange rate determination, the causes and effects of government budget deficits and external imbalances. The focus is on European policy problems, such as low growth, high unemployment, fiscal imbalances and the working of EMU.
This is a 7.5 credit course. One week of full-time studies equals 1.5 credits.
The language of instruction is English.
Course material will be available through the learning platform Athena during the course.
For students who wish to refresh their math skills we offer a voluntary lecture series (matteintro). The series consists of 8 lectures that are given in Swedish.
Instruction is given in the form of lectures and group exercises/seminars.
The course is examined on the basis of a written examination. Students may be awarded examination credits through partial examination consisting of voluntary written assignments during the course.
Examiner and Course director: Anna Seim
ScheduleThe schedule will be available no later than one month before the start of the course. We do not recommend print-outs as changes can occur. At the start of the course, your department will advise where you can find your schedule during the course.
Course literatureNote that the course literature can be changed up to two months before the start of the course.
Charles I Jones, Macroeconomics, W. W. Norton & Company, latest international student edition.
Lecture notes and additional material will be specified in Athena.
Meet our teachers
”You learn to think like an Economist”
Anna Seim is a researcher and teacher at the Department of Economics. She thinks that studying economics provides a general education that is useful in many different contexts.
What is Economics?
– Economics is about understanding the economy of society at large and concepts such as unemployment, inflation, growth but also why firms and households act the way they do and how they respond to economic policy.
– The economy is a very complex system, and to understand it economists use simplified mathematical and statistical models and focus on what we believe is key to a certain question. Economics is therefore often perceived as technical, and it is to some extent, at least when you study at higher levels, but the use of models is also what enables us to address certain questions in a scientific way, instead of just guessing.
Why study Economics at Stockholm University?
– You learn to think like an Economist and obtain a general education in economics that is useful regardless of your future plans.
– I would say that the physical proximity to the Swedish central bank and other government agencies is unique to Stockholm and enables us to regularly organise guest lectures by, say, deputy governors of the Riksbank and former minsters of finance. We are also a highly international department and the opportunity to participate in visitors’ programmes, both as students and as researchers, implies that we are all part of a vivid and inspiring environment.
What type of job do students of economics typically obtain?
– Many of our former students start working at, for instance, government agencies, ministries, the Central bank and the Competition Authority while others become employed in the private sector and start working at firms, banks or other financial institutions. There is a wide range of professions that you can pursue after studying economics.
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