spring 2017
SOK-3010 Advanced Macroeconomics - 10 ECTS

Application deadline

Applicants from Nordic countries: June 1st for the autumn semester and December 1st for the spring semester. Exchange students: October 1st for the spring semester and April 15th for the autumn semester. 

Exchange students are students from academic institutions with which UiT The Arctic University of Norway have formal exchange agreements.

Type of course

This course can be taken as a singular course.

Admission requirements

A Bachelor's degree or equivalent in economics. (An example of an equivalent degree can be another bachelor¿s degree containing a minimum of 80 ECTS in economics.)

· The Norwegian grading system is an A-F scale in which A is the highest score and F is fail. An average grade C from a bachelor degree issued in Norway is the minimum requirement for admission to the master's level for students with Norwegian study background.

· Applicants who hold a bachelor's degree or equivalent issued in Europe, Canada, USA, Australia and New Zealand must have an average grade C as a minimum, or the corresponding numerical mark/percentage score to be considered for admission.

· Applicants who hold a bachelor's degree or equivalent issued in countries other than the above mentioned region/countries must have an average grade B as a minimum, or the corresponding numerical mark/percentage score to be considered for admission.

 Application code 9371

Course overlap

If you pass the examination in this course, you will get an reduction in credits (as stated below), if you previously have passed the following courses:

SØ-431 Graduate course in economics - split exam in macroeconomics I 9 stp

Course content

The course content will reflect the current macroeconomic situation, with an emphasis on relevance for small open economies.

Objectives of the course

Students who have successfully completed the course should have achieved the following learning outcomes:

Knowledge and comprehension:

The students will have knowledge of

  • macroeconomic models of economic growth
  • basic theories of the labour market, to understand how unemployment and productivity differences can arise as equilibrium phenomena
  • empirical works testing the theoretical predictions


The students will develop skill to:

  • use analytical models to formulate and analyze macroeconomic questions
  • formulate and analyze issues related to performance of the labour market and long-term economic growth
  • apply theoretical concepts and ideas to undertake relevant empirical work


The student should be able to

  • read, understand and present economic models and results from current research on macroeconomics
  • apply theories and principles and develop expertise in addressing macroeconomic questions
  • discuss and analyse central questions pertaining to the present macroeconomic situation

Language of instruction and examination


Teaching methods

Lectures and seminars. The students need to be present at campus, and participate in lectures and possibly group-work.


4 hours written examination. A graded scale of five marks from A to E for pass and F for fail. A re-sit exam will be arranged for this course.

Course work requirement: hand in.

The course work requirement must be approved before sitting for the exam.

Place of exam: Tromsø.

Recommended reading/syllabus

Literature will be announced in Fronter at the beginning of term or may be obtained by contacting the campus bookstore Akademika Tromsø.

Error rendering component

  • About the course
  • Campus: Tromsø |
  • ECTS: 10
  • Course code: SOK-3010
  • Tidligere år og semester for dette emnet