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Macroeconomic Principles 7,5 hp

Undervisningen bedrivs på engelska.

In the Macroeconomic Principles course, the aggregate economy and its development are studied. The analysis of the interaction between macroeconomic variables such as growth, inflation, and unemployment are integral elements. Possibilities and difficulties to manage the economy with the aid of economic policy as well as how the open economy is affected by international developments are also central to this part of the course.

Kursinnehåll

The course introduces macroeconomic indicators, models, and theories that are useful for studying the mechanisms of an aggregate economy, in the short-, medium-, and long-term.
Important elements of the course are:
• Macroeconomic indicators such as gross domestic product, CPI, inflation, and unemployment rate measures.
• Real wage formation and unemployment in the labor market.
• The Solow model and determinants of long-run economic growth.
• The financial system and the allocation of saving.
• Components of aggregate spending; consumption, investments, government expenditure and net exports.
• The effect of a change in aggregate spending on the equilibrium output.
• The market for money and the market for goods and services.
• The IS-LM-BP model for closed and open economies.
• The AD-AS model and Phillips curves.
• Decisions about government spending, discretionary fiscal policy, and automatic stabilizers.
• The role of the central bank and the effectiveness of monetary policy.
• Effects of macroeconomic policies on inflation.
• The role of the exchange rate in trade and its implication on macroeconomic policies.

Connection to Research and Practice
The macroeconomic models introduced in the course are based on research. The theories on economic growth broadly connect to JIBS research area renewal. Macroeconomic indicators, theories, and models are put into practice through the exercises and the assignment, which involve real-world issues.

Förkunskapskrav

Grundläggande behörighet samt Matematik 3b/3c, Samhällskunskap 1b/1a1+1a2. med lägst betyget Godkänd/E. Eller: Engelska B, Matematik C, Samhällskunskap A. Dispens medges från kravet i Svenska.

Urvalsregler

Grundkurs
Läs mer om urvalsregler

Utbildningsnivå: Grundnivå
Kurskod/Ladokkod: JMPG14
Kursen ges vid: Jönköping International Business School

Kommande kurstillfällen

Typ av Kurs
Programkurs
Studieform
Campus
Termin
Våren 2021: vecka 03 - vecka 12
Studietakt
50%
Undervisningsspråk
Engelska
Ort
Jönköping
Kurstid
Dag
Examinator
Emma Lappi
Examinator
Sofia Wixe
Gäller enbart studenter utanför EU/EES/Schweiz: Studieavgift
12500kr
Kursplan
HTML  PDF
Anmälningskod
HJ-J1029
Typ av Kurs
Fristående
Studieform
Campus
Termin
Våren 2021: vecka 03 - vecka 12
Studietakt
50%
Undervisningsspråk
Engelska
Ort
Jönköping
Kurstid
Dag
Platser
6
Kursansvarig
Emma Lappi
Examinator
Sofia Wixe
Gäller enbart studenter utanför EU/EES/Schweiz: Studieavgift
12500kr
Kursplan
HTML  PDF
Anmälningskod
HJ-24102