GRA 8164 International Macroeconomics (2019/2020)

GRA 8164 International Macroeconomics (2019/2020)

Course code: 
GRA 8164
Department: 
Economics
Credits: 
4
Course coordinator: 
Per Botolf Maurseth
Product category: 
Executive
Portfolio: 
EMBA Global - Programme Courses
Semester: 
2019 Autumn
Active status: 
Active
Teaching language: 
English
Course type: 
Two semesters
Introduction

Macroeconomics is about economic growth, business cycles, inflation, unemployment, exchange rates and capital flows, and monetary and fiscal policies. From a business perspective in particular, it is important to understand the mechanisms generating booms and recessions, and the way monetary and fiscal policies affect interest rates, exchange rates and other macroeconomic variables. Also, room is made for the recent experience of financial crises and of China's rise. Events over the last three years have made these topics more fascinating than some like to admit.

Learning outcomes - Knowledge

.The purpose of this course is make you to undertand impartant consepts and relations in international macroeconomics.

Course content
  • On Macroeconomics
  • Money and Inflation
  • Financial Crises
  • The Open Economy
  • The European Monetary Union (EMU)
  • Inflation Targeting
  • Economic Growth
  • China and the World Economy
  • Global Growth and Global Imbalances
Teaching and learning activities

1 ECTS credit corresponds to a workload of 26-30 hours. 

This course will involve a combination of lectures and discussions. Each class session will be conducted in a highly interactive mode, where students feel encouraged not only to ask questions, but also to bring their own ideas and experiences to class discussions. An optimal and continuous learning process can be achieved by actively sharing your knowledge, experiences, and thoughts through effective communication 

Attendance to all sessions in the course is compulsory. If you have to miss part(s) of the course you must ask in advance for leave of absence. More than 25% absence in a course will require retaking the entire course. It's the student's own responsibility to obtain any information provided in class that is not included on the course homepage/ It's learning or other course materials.

This is a course with continuous assessment (several exam components) and one final exam code. Each exam component will be graded using points on a scale 0 -100. The components will be weighted together according to the information in the course description in order to calculate the final letter grade for the course. Students who fail to participate in one/some/all exam components will get a lower grade or may fail the course. Candidates may be called in for an oral hearing as a verification/control of written assignments.

Specific information regarding the points system and the mapping scale beyond the information given in the course description will be provided in class. This information may be relevant for requirements for term papers or other hand-ins, and/or where class participation can be one of several elements of the overall evaluation.

The course is a part of a full Executive MBA programme and examination in all courses must be passed in order to obtain a certificate.

Software tools
No specified computer-based tools are required.
Qualifications

Granted admission to the EMBA programme. Please consult our student regulations.

Required prerequisite knowledge

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Exam categoryWeightInvigilationDurationGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
GRA 81641
Grading scale:
Point scale
Grading rules:
Internal examiner with external supervisor
Resit:
All components must, as a main rule, be retaken during next scheduled course
60No1 Semester(s)Individual 60% individual hand-in (3—6 pages)
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
GRA 81641
Grading scale:
Point scale
Grading rules:
Internal examiner with external supervisor
Resit:
All components must, as a main rule, be retaken during next scheduled course
40No1 Semester(s)Group (2 - 8)40% group hand-in on a country analysis (12-15 pages)
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:60
Invigilation:No
Grouping (size):Individual
Duration:1 Semester(s)
Comment:60% individual hand-in (3—6 pages)
Exam code:GRA 81641
Grading scale:Point scale
Resit:All components must, as a main rule, be retaken during next scheduled course
Exam category:Submission
Form of assessment:Written submission
Weight:40
Invigilation:No
Grouping (size):Group (2-8)
Duration:1 Semester(s)
Comment:40% group hand-in on a country analysis (12-15 pages)
Exam code:GRA 81641
Grading scale:Point scale
Resit:All components must, as a main rule, be retaken during next scheduled course
Type of Assessment: 
Continuous assessment
Grading scale: 
ECTS
Total weight: 
100