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Advanced Macroeconomics 7,5 Credits

Course Contents

The course builds on knowledge presented in macroeconomics on the intermediate level and has the objective to provide the student with theories and methods for analysing macroeconomic growth, including endogenous economic growth - especially related to human capital and R & D. The student should also learn how to model, analyse, and forecast the development of aggregate variables, such as consumption, investment, unemployment, and inflation by considering economic trends, economic fluctuations, and business cycles. Critical remarks on the accuracy of model-based predictions form an essential part.

The course presents neoclassical models of economic growth and more recent models of endogenous economic growth. It also presents a model of "real business cycles", Keynesian and "New Keynesian" economic models, fixed-price models, and real "Non-Walrasian" models.


Connection to Research and Practice
Large parts of this course are based on macroeconomic theories. However, they are presented in relation to empirical studies of them thus connecting the course to research in various fields of macroeconomics. The course is also related to practice as students in their assignments create a model to analyse economic growth on real world cases for data they themselves gather.

Prerequisites

The applicants must hold the minimum of a bachelors's degree in Economics equal to 180 credits

Level of Education: Master
Course code/Ladok code: JMAR21
The course is conducted at: Jönköping International Business SchoolLast modified 2020-06-05 12:50:39

Content updated 2020-08-25