Macroeconomic Analysis

Introduction

Macroeconomics is the study of the economy as a whole. This course offers an introduction to macroeconomics at an advanced level. It provides the students with analytical skills and applied insights to understand important macroeconomic variables such as consumption, investment, productivity including enhancements like artificial intelligence, and aggregate output. Throughout the course, students will acquire insight into consumption and saving decisions, economic growth, business cycles, sustainability, inequality, international income convergence, and investment. Attention is paid to developing skills for understanding and applying economic models.
This course prepares students for more advanced courses in later semesters of the master programme.

Course content

The course covers the following topics:

• Consumption and saving
• Investment
• Solow growth model
• Neoclassical growth model
• Real business cycles
• Inequality, sustainability

Disclaimer

This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.