Economics: Advanced Macroeconomic Analysis

Education facts

Code: NEKN41

<p>The course deepens your understanding of macroeconomics by building modern New Keynesian models from the ground up. You learn how these models are constructed, applied, and critically assessed in relation to real-world policy challenges.</p><p>The course provides an in-depth study of modern macroeconomics with a focus on New Keynesian models and their microeconomic foundations. You learn how these models are derived and how they can be extended to include heterogeneity among households and firms. You get to understand how the models can be applied to analyse real economies. We also introduce alternative approaches and discusse their respective strengths and weaknesses. </p><p>Economic policy is analysed through the lens of these models, connecting theory to real-world events. We study historical and contemporary examples of economic crises, recovery phases and periods of policy reform. Thereby, you learn to evaluate how fiscal and monetary policies interact and evolve. We also explore how ongoing structural changes such as digitalisation influence economic behaviour and the design of policy. </p><p>Through exercises and applied tasks, you analyse typical macroeconomic situations using both short- and long-term perspectives. The course develops the ability to understand, apply and critically assess macroeconomic models, preparing students for advanced policy analysis and research.</p><p> </p><p> </p>

Entry requirements

Students admitted to the Master Programme in Economics are qualified for this course. For other students, at least 90 ECTS-credits in economics are required. These must include an intermediate course in microeconomics (e.g. NEKG21 "Intermediate Microeconomic Analysis"), an intermediate course in macroeconomics (e.g. NEKG41 “Intermediate Macroeconomic Analysis”), and an intermediate course in econometrics, quantitative methods or an equivalent course (e.g. NEKG31 "Econometrics" or 15 ECTS-credits in statistics).

Education offerings

Each offering has its own dates and conditions. Closed offerings are retained as history and do not mean that a new application is open.

• Economics: Advanced Macroeconomic Analysis

  Lund University

  Start date: 2 November 2026

  End date: 17 January 2027

  Pace of study: 50 %