Introductory Macroeconomics

7.5 ECTS-credits
First Cycle Level 1
School of Culture and Society
Subject field
Economics (NAA)
Group of Subjects
Disciplinary Domain
Social Science, 100%
This course can be included in the following main field(s) of study
Progression indicator within (each) main field of study
Approved by the Faculty School of Culture and Society, 21 February 2013.
This syllabus is valid from 22 April 2013.
Revised, 17 June 2015.
Revision is valid from 17 June 2015.

Learning Outcomes

The course aims to provide students with knowledge of various macroeconomic issues. After completing the course students should be able to:

  • Descirbe the national accounts (1)
  • Discuss the relationship between unemployment and inflation (2)
  • Describe economic development and growth (3)
  • Describe the labor market functions (4)
  • Explain and use the Keynesian model (5)
  • Explain and discuss monetary and fiscal policies (6)

Course Content

The course in macroeconomics deals primarily with unemployment, inflation and economic growth on the basis of the shorter term. Students are expected to acquire knowledge of various macroeconomic concepts and Swedish economic growth, particularly during the last decade. Important elements of the course are the national accounts, the definition and development of unemployment, inflation, economic growth, the Keynesian model, the Phillips curve, and stabilization policy in the form of fiscal and monetary policy.


The learning outcomes (a-g) are assessed through a written examination equivalent to 6 credits (U-VG)and a midterm exam equivalent to 1.5 credits (U-G).

Forms of Study

Lectures and discussion in smaller groups. The lectures discuss the central parts of the course, while the discussion in smaller groups concerns more specific parts of the course.


The Swedish grades U–VG.


  • General entry requirements and Mathematics 3b or 3c or Mathematics C, Social Sciences 1b or 1a1+1a2, English 6

Other Information

Maximum number of exam occasions are five.