ECN400 Macroeconomic Theory and Policy
Structural, long-run macroeconomic issues
- Economic growth
- Consumption and savings
- The New-Keynesian model framework
- Stabilization policy, monetary policy
- Labor markets
Government debt and fiscal policy
- Topics in macroeconomics
- Open economy
- Financial crises and unemployment
After completing this course, students will have
- an in-depth, up-to-date knowledge of relevant theories and empirics on major topics in modern macroeconomic theory and policy;
- an understanding and ability to analyse macroeconomic questions with the help of modern macroeconomic models;
- learned how to collect and analyze macroeconomic data to evaluate predictions by theoretical models and understand the policy implications.
- the ability to communicate key theoretical and empirical insights based on macroeconomic models and available macroeconomic data.
The course consists of plenary lectures, guest lectures, students submit assignments and develop a project in groups.
Basic courses in microeconomics and macroeconomics as taught in NHH's bachelorprogram or equivalent.
Requirements for course approval
Two assignments and one case presentation must be passed (approved) in order to take the exam.
4 hours written school exam.
Grading scale A-F.
Computers and statistical software are used to address empirical questions in some of the assignments.
- D. Backus et al. (2016): The Global Economy, NYU Stern.
- Parts of textbooks, articles and research reports.
- ECTS Credits
- Teaching language
Professor Gernot Doppelhofer, Department of Economics
Lecturers: Gernot Doppelhofer, Krisztina Molnar, Håkon Tretvoll, Department of Economics