Content, progress and pedagogy of the module

The aim of the module is to provide the student with a deeper understanding of selected macroeconomic issues.

The module will provide the necessary theoretical foundation for the study of macroeconomic theory. This creates an understanding of the underlying theoretical foundation for a given model framework. This is done especially with a focus on the importance of the chosen macroeconomic model framework, as this choice has significant implications for both the theoretical and economic policy analysis results subsequently obtained.

The module thus provides a theoretical foundation for conducting empirical analyses using IT programs based on data collection from digital databases for different economies.

Learning objectives

Knowledge

The aim is that after the module the student has knowledge of:

• central issues within the macroeconomic discipline.
• and understanding of central approaches to macroeconomics.
• theoretical and practical advantages and disadvantages of using different types of macroeconomic models for central issues within macroeconomics.

Skills

The aim is that after the module the student has skills to:

• defining and explaining central similarities and differences between different approaches to macroeconomics.
• identifying central scientific issues within modern macroeconomic theory.
• presenting and discussing professional and scientific issues within modern macroeconomics.

Competences

The aim is that after the module the student has the competencies in:

• master macroeconomic theories on national as well as international economic policy issues on a scientific basis.
• conduct a macroeconomic analysis in relation to selected themes, critically discussing, evaluating, and communicating.
• use macroeconomic models to conduct independent analyses

Type of instruction

For further information see §17.

Exam

Exams