This half semester course aims to introduce students to the basic models and modelingÌýtools in modern macroeconomics. We will start with core issues in the theory of consumption, followed by a rigorous introduction to the neoclassical growth model. In the process we will also coverÌýdynamic optimization tools, which are extensively used in modern macroeconomics.Ìý
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There will be 5Ìýlectures (15Ìýlecture hours). In addition, 3Ìýlecture hours will be used for exercises and for providing feedback to students on problem sets. Students are required to participate in class,Ìýas well as solve and hand in solutions to exercises and problem sets.
This is an excerpt from the complete course description for the course. If you are an active student at BI, you can find the complete course descriptions with information on eg. learning goals, learning process, curriculum and exam at portal.bi.no. We reserve the right to make changes to this description.