Economics: Inflation, Interest Rates and Unemployment

Education facts

Code: NEKA83

<p>Macroeconomic variables such as GDP, inflation, unemployment, interest rates and exchange rates are central to understanding how the economy functions. This course provides you with the tools to grasp these variables and key economic relationships to gain a deeper understanding of our society.</p><p>The course provides an introduction to key macroeconomic variables and the interaction between them within the economy. You will learn how macroeconomic variables are defined, how they relate to one another and the implications of, for example, GDP growth, inflation and unemployment for society. You will explore inflation and the importance of price stability, how interest rates influence investment and consumption and the factors that affect unemployment. You will analyse GDP as a measure of economic activity, studying its components (consumption, investment, public expenditure and net exports) and how they are influenced by economic policy and external events. In addition, you will examine macroeconomic variables such as exchange rates, the balance of trade and the money supply.</p><p>You will read core macroeconomic literature, supplemented with articles and video material on economic events such as central bank interest rate decisions or global trade conflicts. In a written assignment, you will apply theoretical insights to real-world scenarios, such as the effects of fiscal policy on unemployment or the role of monetary policy in controlling inflation. The course emphasises both theoretical understanding and practical application.</p>

Entry requirements

General requirements and studies equivalent to Swedish Upper Secondary School courses English 6/English level 2, Mathematics 2a or 2b or 2c/Mathematics level 2a or level 2b or level 2c, and Social Studies 1b or 1a1+1a2/Social Studies level 1b or level 1a2

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: Inflation, Interest Rates and Unemployment

  Lund University

  Start date: 19 January 2026

  End date: 26 April 2026

  Pace of study: 17 %