Knowledge
On successful course completion, the student
- will have in-depth knowledge of long-term developments and challenges in the Norwegian and other developed economies
- will be able to discuss the costs and benefits of dealing with long-term challenges such as climate change
- will be able to evaluate the impact of economic policies on economic growth
Skills
On successful course completion, the student
- can apply intertemporal macroeconomic models to analyze the long-term developments in an economy
- can discuss growth models and analyze the drivers of economic growth
- can analyze the tradeoffs involved in the intergenerational redistribution of tax-burdens and welfare
- can discuss the recent academic literature related to the course
General competence
On successful course completion, the student
- can communicate the key issues concerning long-term economic developments
- can discuss whether current economic policy is suited to deal with long-term challenges