ECON9300B – Advanced Macroeconomic Theory
Course description
Course content
This course has joint teaching with ECON5300.
Macroeconomic theory with main emphasis on dynamic general equilibrium models. Mathematical tools for modern dynamic macroeconomics and examples of their application to business cycles, fiscal policy, growth and unemployment. Uncertainty in intertemporal models. The course is more about acquiring methodological and analytical skills than about empirical or policy applications.
Learning outcome
Knowledge
- Techniques for dynamic optimization with and without uncertainty
- Techniques for dynamic analysis in general equilibrium models
- Infinite horizon and overlapping generation models
- Asset pricing in general equilibrium
- Optimal taxation in an intertemporal setting
- Economic growth
- Real business cycle models
- Search models and search unemployment
Skills
- Reading the newest and most advanced research literature in macroeconomics.
- Appling tools of dynamic analysis in research.
Admission to the course
Please note that the course ECON9300B is offered to PhD candidates at the Department of Economics. Other candidates admitted to a PhD program may apply to take the course.
Formal prerequisite knowledge
Overlapping courses
- 8 credits overlap with ECON9300 – Advanced Macroeconomic Theory (discontinued).
- 8 credits overlap with ECON5300 – Advanced Macroeconomic Theory.
Teaching
Lectures and seminars.
Access to teaching
A student who has completed compulsory instruction and coursework and has had these approved, is not entitled to repeat that instruction and coursework. A student who has been admitted to a course, but who has not completed compulsory instruction and coursework or had these approved, is entitled to repeat that instruction and coursework, depending on available capacity.
Examination
A 3-hour written school exam.
There is a?course portfolio that?must be approved before you can present yourself for the written school exam.?
Examination support material
Resources allowed: Open book examination, where all printed and written resources are allowed. There is a digital scientific calculator available in Inspera.
Please note: You are not allowed to bring your own calculator. We strongly advise you to familiarize yourself with the digital calculator here: https://www.desmos.com/scientific
Language of examination
The examination text is given in English, and you submit your response in English.
Grading scale
Grades are awarded on a pass/fail scale. Read more about the grading system.
Resit an examination
If you are sick or have another valid reason for not attending the regular exam, we offer a postponed exam later in the same semester.
See also our information about resitting an exam.
More about examinations at UiO
- Use of sources and citations
- Special exam arrangements due to individual needs
- Withdrawal from an exam
- Illness at exams / postponed exams
- Explanation of grades and appeals
- Resitting an exam
- Cheating/attempted cheating
You will find further guides and resources at the web page on examinations at UiO.