Macroeconomics I D22, 7.5 Credits

Contents

The course focuses on establishing a microfoundation for macroeconomic models and analysis, as well as presenting various models and perspectives on economic growth. Central models for creating a microfoundation include overlapping generations models (OLG) and the so-called Ramsey model. Within the scope of economic growth, the focus is on endogenous growth models.

Expected learning outcomes

Having completed the course the student is expected to be able to:

• Demonstrate good knowledge of advanced theories and models in the macroeconomic field.
• Demonstrate good knowledge of advanced empirical methods in the macroeconomic field.
• Adopt a scientific approach.

Required Knowledge

University: Courses in Economics at undergraduate level equal to 90ECTS (whereof 30ECTS C-level courses) including a Bachelor thesis of 15ECTS or the equal writing experience. In addition Mathematical Economics I D7 or the equivalent is required. Students are also required to have English A from Swedish gymnasium or the equivalent.

Form of instruction

Teaching is conducted in the form of lectures.

Examination modes

The examination consists of an individual written hall exam.

The following grading scale will be used for the course: Pass with Distinction (Väl Godkänd, VG), Pass (Godkänd, G) and Fail (Underkänd, U).

A student that has failed an examination on two occasions has a right to have another examiner or grading teacher appointed, unless there are special reasons against it. A written request addressed to the Director of Studies should be made no later than two weeks before the next examination opportunity. A written request should be submitted to the Director of Studies no later than two weeks before the next examination opportunity.

Exceptions from examination form as stated in the syllabus can be made for a student who has a decision on pedagogical support for disabilities. Individual adaptations of the mode of examination should be considered based on the student's needs. The examination form shall be adapted within the framework of the expected learning outcomes stated in the course syllabus. At the request of the student, the course responsible teacher, in consultation with the examiner, must promptly decide on the adapted examination form. The decision must then be notified to the student.

Academic integrity and cheating

As a student, you are expected to act with academic integrity. This means writing and presenting within the limits of the academic rules and expectations communicated in the university's regulations and what is otherwise specified by the responsible department. Disciplinary action may be taken against a student who uses unauthorized help aids or in some other way tries to mislead on a test or when another type of task is being evaluated. Rules and regulations concerning the production of academic texts and correct referencing will be applicable to written assignments. Submitted material may be subject to plagiarism control. In addition, Umeå University rules and regulations for education on undergraduate and master's level apply.