Translation of the Swedish course syllabus 
International Macroeconomics, 7.5 credits
(Internationell makroekonomi, 7,5 högskolepoäng)
Course code: 1102NE
Subject area: Economics
Main field of study: Economics
Academic school: School of Social Sciences
Disciplinary domain: Social Sciences 100%
Grading scale: AF
Education cycle: Second-cycle (Master)
Progressive specialisation: A1N (Second cycle. Entry requirements: completed first-cycle course/s)
Language of instruction: English
Valid from: HT 2018 (autumn semester)

1. Validation

This course syllabus was validated by the Faculty Board for Social Sciences at Södertörn University on 2018-04-24 according to the stipulations in the Higher Education Ordinance.

2. Entry requirements

Bachelors Degree of Science in Economics and English B, or the equivalent.

3. Learning outcomes

After the course the student can:

Knowledge and understanding
  • describe theories relating to the economy’s capital structure and to international financial flows
  • relate advanced economic theory to social macro-level problems in open economies
  • demonstrate knowledge and understanding concerning the consequences of globalisation for macroeconomic policy, using capital-based macroeconomic theory.

    Skills and abilities
  • apply capital-based macroeconomic theory in comparative institutional analyses of transition economies as open economies, using an expanded capital-based macroeconomic theory to deal with international capital flows
  • Use an economic perspective in other professional contexts.

    Judgement and approach
  • critically assess empirically and theory-based claims
  • understand how the theoretical perspective and the choice of methods influence scientific study.

  • 4. Course content, modules and examinations

    The course deals with theories of the economy’s capital structure and international financial flows. The capital structure links micro-level entrepreneurship with macro-level economic growth.

    Financial, monetary and exchange policy is seen from the perspective of economic development in a globalised world, where the links between the financial system and the real economy are emphasised. There is a special focus on the effect of nominal prices for economic calculations. The theoretical analysis will be applied to Baltic and Central Asian transition economies.

    • International Macroeconomics, 7,5 credits
      (Internationell makroekonomi, 7.5 högskolepoäng)

    • 1001, International Macroeconomics, 7,5 credits
      (Internationell makroekonomi, 7.5 högskolepoäng)
      Grades permitted: A/B/C/D/E/F

    5. Course design

    The course consists of seminars based on introductory lectures.

    6. Examination format

    Examination will be through written take-home examination, hand-in assignments and active participation in seminars.
     The grading criteria are distributed prior to the start of a course or module.

    If a student has a certificate for compensatory support from Södertörn University, the examiner may decide on an adapted examination or alternative examination form in accordance with Södertörn University's regulations.

    7. Reading list

    If there are changes in the reading list between semesters, a new list for the next semester is to be validated no later than July 15 and December 15 respectively.
    Valid from Valid to Decision date Decision board
    VT 20202019-11-06Ämnesrådet för nationalekonomi

    8. Restrictions on accreditation

    The course may not be accredited as part of a degree if the contents are partly or wholly the same as a course previously taken in Sweden or elsewhere.

    9. Other stipulations
    Following the Vice-Chancellors decision on internationalization and grade scale at Södertörn University College (dnr: 1148-1.1.2-2018), this syllabus replaces the syllabus with course code 1079NE, with the difference that the grade system has been updated. The syllabus is determined through special order (dnr: 1773-2.1.1-2018).