This course is no longer available, see the current course list.
5310 - Topics in macroeconomics
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Course content
The course overview may change according to the interests of the students.
Introduction to dynamic macro
- Sequential trading and complete markets
- Business cycle theory
- Heterogenous agents
Risk and social insurance when markets are incomplete
- A complete markets benchmark
- How important is individual risk for agents' welfare? Should the government be involved in insuring this risk?
- What is the optimal design of social insurance schemes when agents have private information about their own situation and they act in a self-interested way? We will study the tension between supplying insurance and providing proper incentives for the agents, and examine the implications for the evolution of the welfare distribution across individuals. One particular application is the optimal design of unemployment compensation schem
Household economics
- Home production
- Labor supply
- Fertility
Political economy (if there is time)
Admission
Students who are admitted to study programmes at UiO must each semester register which courses and exams they wish to sign up for in StudentWeb.
Students enrolled in other Master's Degree Programmes can, on application, be admitted to the course if this is cleared by their own study programme.
International applicants, if you are not already enrolled as a student at UiO, please see our information about admission requirements and procedures for international applicants.
Only students admitted to the course may sit for the examination.
Prerequisites
Formal prerequisites
Bachelor's degree in Economics, or equivalent.
Recommended prior knowledge
ECON4310 - Macroeconomic Theory
Teaching
There will be ten lectures in total, plus six "seminar-sessions". The seminars will focus on how to solve the models numerically, as well as problem sets for the lectures. Students are encouraged to write a term paper.
Exam information
There will be a take-home exam at the end of the course.
Language of examination
The problem set will be given in English. Answers can be given in Norwegian, Swedish, Danish or in English. See § 6.4 i Forskrift om studier og eksamener ved Universitetet i Oslo .
Assessment and grading
Course grades are awarded on a descending scale using alphabetic grades from A to E for passes and F for fail. Read more about the grading system .
An external auditor regularly evaluates the academic quality of the course, including the form of exam used on the course.
Explanations and appeals
Students can request an explanation of their grades, and can also appeal against their grades or make a complaint about formal examination errors. Read more about explanations and appeals
Possibility of make-up exams and re-takes
The Department of Economics has passed following resolution for ECON-courses: It will no longer be possible for candidates to register for an exam in a lower level course after having passed exams in intermediate and advanced level courses in the same subject area (also where there are no pre-requisites that apply to the intermediate course). Further information can be found here.
Students who might wish to retake the exam later, are not guaranteed that the course is ever repeated with a similar reading list, nor that the exam arrangement will be the same.
You can usually resit an exam, but the conditions depend on whether you had a valid reason for absence from the regular exam. Read more about resitting an exam .
Withdrawing from exams and limits on re-takes
A student can sit for this exam up to 3 times. If a student wishes to withdraw from the exam, s/he must do this in StudentWeb at least two weeks prior to the first day of the exam. Failure to do so will be counted as one of the three opportunities to sit for the exam.
Exam options for students with special needs
Students may apply for access to alternative exam resources or exam forms on the basis of chronic illness and/or special needs that create a marked disadvantage to other students in the exam situation. Mothers who are breastfeeding may apply for extra time to complete the exam.
Contact us
Department of Economics
Visiting address:
Moltke Moes vei 31, Eilert Sundts house, 12th floor
Visiting hours:
10.15-11.00 and 12.15-15.00
Postal address:
P.O box 1095 Blindern
0317 Oslo
Fax: +47 22855035
E-mail: post@econ.uio.no
Web: http://www.sv.uio.no/econ/english/