Intermediate Macroeconomics B

The course aim is to enhance the understanding of macroeconomic theory and to develop the student’s ability to perform independent economic analysis. After the course the student should be able to: • Apply macroeconomic theory on current economic problems: for example to explain the pros and cons by introducing the Euro in the European Union. • Analyse macroeconomic issues: for example what is the role of fiscal and monetary policy in a small open economy like Sweden? • Determine and evaluate the economic effects of different decisions: for example to explain the effects of expansionary/restrictive monetary policy.