The focus of the module Economic Models I was primarily on theoretical models for a closed economy. The main purpose was to provide an introduction to how students could gain experience in developing their own economic models.
In this elective course, the techniques and methods learned in the aforementioned course are built upon. The focus of this course will be on more complex models. This means that students will work with models that reflect open economies, such as the Danish economy, and with models that can reproduce the observable development in specific macroeconomic variables based on actual data available in databases. As a result, the models become easier to apply to current economic discussions.
The course can therefore be seen as a great opportunity to set up a model that can later be used in a semester project.
The aim is that after the module the student has knowledge of:
The aim is that after the module the student has skills to:
The aim is that after the module the student has the competencies in:
For further information see §17.
Name of exam | Economic Modelling II |
Type of exam | Oral exam based on a project
Group examination (max 5 students) and the student can also choose
to write the assignment/project alone. |
ECTS | 5 |
Permitted aids | Information about aids are specified in the course description. |
Assessment | Passed/Not Passed |
Type of grading | Internal examination |
Criteria of assessment | The criteria of assessment are stated in the Examination Policies and Procedures |
Danish title | Økonomiske modeller II |
Module code | BAØKO202330 |
Module type | Project |
Duration | 1 semester |
Semester | Spring
|
ECTS | 5 |
Language of instruction | Danish and English |
Location of the lecture | Campus Aalborg |
Responsible for the module |
Education owner | Bachelor of Science (BSc) in Economics |
Study Board | Study Board of Economics (cand.oecon) |
Department | Aalborg University Business School |
Faculty | Faculty of Social Sciences and Humanities |