Macroeconomics is the study of the economy as a whole. The course offers an introduction to the main tools of macroeconomic policy – monetary and fiscal policy. It provides the students with analytical skills and applied insights to understand the tradeoff faced by policymakers. The course uses workhorse models used in central banks and other policy institutions and develops digital tools to help analyzing and understanding important policy problems. Special attention is put on UN's sustainable development goals and how macroeconomic policies can help attaining them.
The course consists of four parts:
- Monetary policy in the new Keynesian model.
- Macroprudential policy and financial stability.
- Fiscal policy.
- UN's sustainable development goals.
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.