MAT1700 – Introduction to micro and macro economics
Course description
Course content
The course gives an introduction to the basic models and notions in micro- and macro-economics. The microeconomic part concentrates on the theory for producers and consumers, and the market equilibrium. In the macro-economic part, models for the national product, IS/LM, AS/AD, inflation and unemployment are discussed.
Learning outcome
The student should master the basic models and principles of economics, and be able to analyse simple economical questions both qualitatively and quantitatively by mathematical arguments.
Admission
Students who are admitted to study programmes ̽»¨¾«Ñ¡ must each semester register which courses and exams they wish to sign up for .
If you are not already enrolled as a student ̽»¨¾«Ñ¡, please see our information about .
Prerequisites
Formal prerequisite knowledge
In addition to fulfilling the , applicants have to meet the following special admission requirements:
-
Mathematics R1 (or Mathematics S1 and S2) + R2
And in addition one of these:
- Physics (1+2)
- Chemistry (1+2)
- Biology (1+2)
- Information technology (1+2)
- Geosciences (1+2)
- Technology and theories of research (1+2)
The special admission requirements may also be covered by (in Norwegian).
Recommended previous knowledge
MAT1100 – Calculus. Should be taken at the same time as or after MAT1110 – Calculus and Linear Algebra.
Overlapping courses
10 credits with MØ100, 3 credits with ECON1310 – Makroøkonomi 1, 3 credits with ECON1210 – Mikroøkonomi 1 and 4 credits with ECON2200 – Matematikk 1/Mikro 1 (MM1) (discontinued).
*The information about overlaps is not complete. Contact the department for more information if necessary.
Teaching
Teaching will be given as lectures and seminar exercises during a period of one semester.
Examination
Two compulsory assignments need to be passed within given deadlines to be allowed to take the final exam. Final mark based on written examination at the end of the semester.
Language of examination
Subjects taught in English will only offer the exam paper in English.
You may write your examination paper in Norwegian, Swedish, Danish or English.
Grading scale
Grades are awarded on a scale from A to F, where A is the best grade and F is a fail. Read more about .
Explanations and appeals
Resit an examination
This subject offers new examination in the beginning of the subsequent term for candidates who withdraw during an ordinary examination or fail an ordinary examination. Deferred examinations for students who due to illness or other valid reason of absence were unable to sit for their final exams will be arranged at the same time. (These valid reasons has to be documented within given deadlines.)
For general information about new and deferred examination, see
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