ECON9300B – Advanced Macroeconomic Theory

Schedule, syllabus and examination date

Choose semester

Course content

This course has joint teaching with ECON5300 – Advanced Macroeconomic Theory

Macroeconomic theory with main emphasis on dynamic general equilibrium models. Mathematical tools for modern dynamic macroeconomics and examples of their application to business cycles, assset pricing, fiscal policy, growth and unemployment. Uncertainty in intertemporal models. The course is more about acquiring methodological and analytical skills than about empirical or policy applications.

Learning outcome

Knowledge

  • Techniques for dynamic optimization with and without uncertainty
  • Techniques for dynamic analysis in general equilibrium models
  • Infinite horizon and overlapping generation models
  • Asset pricing in general equilibrium
  • Optimal taxation in an intertemporal setting
  • Economic growth
  • Real business cycle models
  • Search models and search unemployment

Skills

  • Reading the newest and most advanced research literature in macroeconomics.
  • Appling tools of dynamic analysis in research.

Admission

Please note that the course ECON9300B is offered to PhD candidates at the Department of Economics.  Other candidates admitted to a PhD program may apply to take the course.

Prerequisites

Formal prerequisite knowledge

ECON4310 - Intertemporal Macroeconomics or equivalent.

Overlapping courses

8 credits overlap with ECON5300/ECON9300

Teaching

Lectures and seminars.

Access to teaching

A student who has completed compulsory instruction and coursework and has had these approved, is not entitled to repeat that instruction and coursework. A student who has been admitted to a course, but who has not completed compulsory instruction and coursework or had these approved, is entitled to repeat that instruction and coursework, depending on available capacity.

Examination

Ordinarily, this course has a 3-hour written school exam.

For 2020 the following applies for the exam in ECON9300B:

The examination will be a 5-hour home examination in Inspera. The home exam will be an open-book exam, where all written and printed resources as well as technical support is allowed. All submitted papers will be checked for plagiarism. You can find the date and time for the exam on the semester page.

 

Previous exams - see ECON5300.

Submit assignments in Inspera

You submit your assignment in the digital examination system Inspera. Read about how to submit your assignment.

Use of sources and citation

You should familiarize yourself with the rules that apply to the use of sources and citations. If you violate the rules, you may be suspected of cheating/attempted cheating.

Language of examination

The examination text is given in English, and you submit your response in English.

Grading scale

Grades are awarded on a pass/fail scale. Read more about the grading system.

Explanations and appeals

Resit an examination

If you are sick or have another valid reason for not attending the regular exam, we offer a postponed exam later in the same semester.

See also our information about resitting an exam.

Withdrawal from an examination

It is possible to take the exam up to 3 times. If you withdraw from the exam after the deadline or during the exam, this will be counted as an examination attempt.

Special examination arrangements

Application form, deadline and requirements for special examination arrangements.

Evaluation

The course is subject to continuous evaluation. At regular intervals we also ask students to participate in a more comprehensive evaluation.

Facts about this course

Credits

8

Level

PhD

Teaching

Every autumn

Examination

Every autumn

Teaching language

English