NA0187, Introduction to macroeconomics, 7.5 Hp
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Syllabus

Finalized by: PN-NJ, 2025-04-23
Valid from : Autumn semester 2026 (2026-08-31)

Level

First cycle (G1N)

Main field of study

Economics

Grading Scale

The grade requirements within the course grading system are set out in specific criteria. These criteria must be available by the course start at the latest.

Course language

Swedish

Entry Requirements

Objectives

The course aims to provide basic knowledge in macroeconomics.

After completing the course, the student should be able to:

• clarify various explanations for short-term economic fluctuations in both closed and open economies;
• explain the effects of inflation, unemployment, and long-term growth rates in closed and open economies;
• explain the macroeconomic effects of fiscal and monetary policy with reference to both theory and relevant empirical observations.

Content

The course is carried out with the help of lectures, exercises, and self-study.

The course is about understanding how an economy - such as the Swedish economy - works, and how it can be managed. The course deals with theories that explain economic fluctuations in the short term and discusses the factors that govern the rate of inflation, unemployment, and growth in the long term. The course explains these theories in the context of both closed economies and open economies. A central perspective in the course is the circular flow of money between households, firms and other institutions. Based on economic theory and empirical observations, the course explains the various choices in macroeconomic policy.

Basic knowledge of macroeconomics is necessary to be able to analyse sustainability issues in environmental policy, agricultural policy and forest policy.

Examination Formats and Requirements for Passing the Course

Passed exams.

Responsible Department/Equivalent

Department of Economics

Supplementary information

Module set

Title	Credits	Code
Single module	7.5	0001

The Course Replaces

NA0177: modul 1