APPLIES TO ACADEMIC YEAR 2012/2013
EXC 2807 Macroeconomics and Financial Markets - RE-SIT EXAMINATION|
Responsible for the course
Erling Steigum, Arne Jon Isachsen
Department of Economics
According to study plan
Language of instruction
The students will familiarize themselves with important concepts in Monetary Economics. What factors determine the rate of interest, the rate of inflation and the exchange rate? How do these three prices relate to one another? Although the theory may be fairly simple, logical and straightforward, empirical research tells us that the exchange rates and interest rates quite often behave unpredictably, creating challenges for politicians and central bankers as well as for the agents in financial markets. This course also offers insights into real world phenomena, like the consequences of liberalizing the credit market and allowing capital to travel across borders. Monetary policy in the US, in the EU, and in China is also on the agenda.
Good understanding of basics in Macro and Micro Economics
Mishkin, Frederic S. 2010. The economics of money, banking and financial markets. 9th ed. Boston : Prentice Hall. Kommer med “MyEconLab XL” og får pakkenummer 9781408245804.
In addition a few recent articles will be distributed
Note that the students are expected to follow quite closely Financial Times and The Economist througout the course
Some recent articles will be referred to
Computer-based tools are not used in this course.
The course is based on 36 teaching hours.
A three hour individual written exam concludes the course.
EXC 28071 - Written exam accounts for 100% of the final grade in the course EXC 2807 Macroeconomics and Financial Markets, 6 credits.
Examination support materials
BI-approved exam calculator. TEXAS INSTRUMENTS BA II Plus™
One bilingual dictionary may also be used at written examiniations. Support materials permitted at written examiniations are explained under exam information in our web-based Student handbook. Please note use of calculator and dictionary. http://www.bi.edu/studenthandbook/examaids
Due to changes in our Bachelor Programmes from autumn 2009, there also will be changes in every single course. This course was taught for the last time in the spring semester of 2011. A re-sit exam will be offered every term including the spring semester of 2013.
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