Macroeconomic Analysis D27

Education facts

Code: 2NE072

The course covers key areas in macroeconomic such as real business cycle theory and the implications of nominal rigidities and imperfect price adjustments. The course also deals with the aggregate consumption function and addresses the question of what factors may affect aggregate investments. The labor market also treated and here the focus is to understand why there may be unemployment in equilibrium. In this part of the course the focus is on the efficiency wage hypothesis, search theory, trade union models and implicit contracts. The course also covers the potential conflict of objectives that a policy-maker may have vis-à-vis the trade-off between unemployment and inflation.

Entry requirements

90 credits of which 75 credits in economics including 15 credits bachelor courses (G2F). Additionally, Mathematical Economics I D7 or the equivalent. Proficiency in English equivalent to the Swedish upper secondary course English 6/level 2.

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.

• Macroeconomic Analysis D27

  Umeå University

  Start date: 19 February 2027

  End date: 24 March 2027

  Pace of study: 100 %