Macroeconomic Analysis D27 7.5 credits
About the course
The course covers key areas in macroeconomic such as real business cycle theory and the implications of nominal rigidities and imperfect price adjustments. The course also deals with the aggregate consumption function and addresses the question of what factors may affect aggregate investments. The labor market also treated and here the focus is to understand why there may be unemployment in equilibrium. In this part of the course the focus is on the efficiency wage hypothesis, search theory, trade union models and implicit contracts. The course also covers the potential conflict of objectives that a policy-maker may have vis-à-vis the trade-off between unemployment and inflation.
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Spring 2026
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Macroeconomic Analysis D27
Second admissions round for EU/EEA citizens
Spring 2026 / Umeå / English / On site
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Starts19 February 2026
Ends23 March 2026
Number of credits7.5 credits
Type of studiesOn site
Study pace100%
Teaching hoursDaytime
Study locationUmeå
LanguageEnglish
Application codeUMU-23108
Eligibility 90 credits of which 75 credits in economics including 15 credits bachelor courses (G2F). Additionally, Mathematical Economics I D7 or the equivalent. Proficiency in English equivalent to the Swedish upper secondary course English 6/level 2.SelectionAcademic credits
ApplicationOnline applications are now open. Application deadline is 15 October 2025. Please note: This second application round is intended only for EU/EEA/Swiss citizens.
Application and tuition feesAs a citizen of a country outside the European Union (EU), the European Economic Area (EEA) or Switzerland, you are required to pay application and tuition fees for studies at Umeå University.
Application fee: SEK 900
Tuition fee, first instalment: SEK 12,075
Total fee: SEK 12,075
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How to apply
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More about application and admission
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