Macroeconomics 3 (MakØk3) - Business Cycles and Monetary Stabilization Policies
Course content
The classical Monetary Model. The Basic New-Keynesian Model. Monetary stabilization policy in the New Keynesian Model. Credibility issues in stabilization policy. Sticky wages and prices and stabilization policy. Applications: Unconventional monetary policy; fiscal policy at the zero lower bound.
MSc Programme in Mathematics-Economics
Knowledge within:
- the scope and limits of macroeconomic stabilization policy with an emphasis on monetary policy
- welfare rationales for stabilization policies.
Skills at:
- understanding of the scope and limits of macroeconomic stabilization policy with an emphasis on monetary policy
- solving simple versions of modern theoretical models of the business cycle
- understanding the economic mechanisms at work in the mathematical models.
Competences to:
- addressing real-life policy issues using the methods used in the course.
6 hours of combined lecturing and exercises per week for 7 weeks.
Makroøkonomi 1 (MakØk1) and Makroøkonomi 2 (MakØk2)
Academic qualifications equivalent to a BSc degree is
recommended.
- ECTS
- 7,5 ECTS
- Type of assessment
-
Written examination, 3 hours under invigilation
- Type of assessment details
- Skriftlig prøve
Kurset er udtaget til ITX-eksamen.
Se vigtig information om ITX-stedprøver på Studieinformation under punktet: Eksamen -> Eksamensform og regler -> Skriftlig stedprøve (ITX-prøve) - Aid
- Without aids
- Marking scale
- 7-point grading scale
- Censorship form
- External censorship
- Re-exam
-
Same as ordinary
If ten or fewer students have signed up for re-exam, the type of assessment will be changed to a 20 minutes oral exam without preparation time.
Criteria for exam assessment
The student should convincingly and accurately demonstrate the knowledge, skills and competences described under Intended learning outcome.
Single subject courses (day)
- Category
- Hours
- Lectures
- 42
- Preparation
- 161
- Exam
- 3
- English
- 206
Kursusinformation
- Language
- English
- Course number
- NMAK10018U
- ECTS
- 7,5 ECTS
- Programme level
- Full Degree Master
- Duration
-
1 block
- Placement
- Block 2
- Schedulegroup
-
B
- Capacity
- No limit.
The number of seats may be reduced in the late registration period - Studyboard
- Study Board of Mathematics and Computer Science
Contracting department
- Department of Mathematical Sciences
Contracting faculty
- Faculty of Science
Course Coordinator
- Christoffer Jessen Weissert (6-6f6b7434373a4376647069316e7831676e)
Er du BA- eller KA-studerende?
Kursusinformation for indskrevne studerende