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Macro Economics (Fall 2005)

Course code : XMAKRO-U1
ECTS Credits : 5 Status : Compulsory
Placement : 1. semester Hours per week : 4
Length : 1 semester Teaching Language : Danish

Principal Content : Economic goals and competitive economic opinions. National accounts and balance of payment. Marginal efficiency theory. Demand and supply including elasticity calculations. Efficiency and international trade. Market disregards and market fraud as well as the carrying capacity of eceonomic development. Market factors: Work force, nature resources and actual capital. Income form models for open society with authorities. Fiscal policy and level of condition. Monetary theory and policy. Inflation, income and competition policy.
Teaching method : Lectures supplemented by minor exercises.
Required prequisites : -
Responsible teacher : Claus Wildt , clwi@dtu.dk