DRE 7004 Topics in Macroeconomics

DRE 7004 Topics in Macroeconomics

Course code: 
DRE 7004
Department: 
Economics
Credits: 
6
Course coordinator: 
Hilde Christiane Bjørnland
Fabio Canova
Product category: 
PhD
Portfolio: 
PhD Economics courses
Semester: 
2019 Autumn
Active status: 
Active
Teaching language: 
English
Course type: 
One semester
Introduction

This course is divided in two parts. The first part gives an introduction to Computational Methods and Applications in Dynamic General Equilibrium Modeling. The second part studies frontier research on selected macroeconomic topics.

Learning outcomes - Knowledge

The students should master and produce sophisticated research on dynamic general equilibrium models and models of international macroeconomics.

Learning outcomes - Skills

After taking this course the students should have a solid knowledge of numerical methods used to solve problems in macroeconomics and understand basic and advanced models of open economy and monetary policy.

General Competence

The students should be able to build and estimate models so as to analyse research questions that are at the frontier in macroeconomics. 

Course content

A selection of these topics will be covered:

(i) Dynamic Programming and Parameterized Expectations and/or Projection Methods

(ii) Numerical Integration and Function Approximation

(iii) Selected topics in Macroeconomics

Teaching and learning activities

Students are required to participate in class – both in discussions and by presenting models/material from the reading lists –  as well as solve and hand in solutions to exercises and problems.

Software tools
Matlab
Additional information

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Qualifications

Enrollment in a PhD programme is a general requirement for participation in PhD courses at BI Norwegian Business School.
External candidates are kindly asked to attach confirmation of enrollment in a PhD programme when signing up for a course. Other candidates may be allowed to sit in on courses by approval of the course leader. Sitting in on a course does not permit registration for the course, handing in exams or gaining credits for the course. Course certificates or confirmation letters will not be issued for sitting in on courses.

Required prerequisite knowledge

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Exam categoryWeightInvigilationDurationGroupingComment exam
Exam category:
Submission
Form of assessment:
Written submission
Exam code:
DRE70043
Grading scale:
Pass/fail
Grading rules:
Internal and external examiner
Resit:
Examination when next scheduled course
100No1 Month(s)Individual Written assignment ( individually ) consisting of a maximum of 10 pages (plus references and appendix ).
Exams:
Exam category:Submission
Form of assessment:Written submission
Weight:100
Invigilation:No
Grouping (size):Individual
Duration:1 Month(s)
Comment:Written assignment ( individually ) consisting of a maximum of 10 pages (plus references and appendix ).
Exam code:DRE70043
Grading scale:Pass/fail
Resit:Examination when next scheduled course
Type of Assessment: 
Ordinary examination
Total weight: 
100
Workload activityDurationType of durationComment student effort
Group work / Assignments75Hour(s)Specified learning activities (including reading).
Self study75Hour(s)Autonomous student learning (including exam preparation).
Teaching30Hour(s)
Expected student effort:
Workload activity:Group work / Assignments
Duration:75 Hour(s)
Comment:Specified learning activities (including reading).
Workload activity:Self study
Duration:75 Hour(s)
Comment:Autonomous student learning (including exam preparation).
Workload activity:Teaching
Duration:30 Hour(s)
Comment:
Sum workload: 
180

A course of 1 ECTS credit corresponds to a workload of 26-30 hours. Therefore a course of 6 ECTS credits corresponds to a workload of at least 160 hours.