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Economics: International Macroeconomic Theory

Course • Master's level • 7.5 credits

In this course, you will learn what drives individual saving decisions and how these choices influence aggregate current account dynamics. To do this, you will work with theoretic, micro-founded dynamic stochastic general equilibrium models of open economies.

Application dates

Start

Spring 2027

Level

Master's

Language

English

Place of study

Lund

Course code

NEKP42

Application dates

You will encounter and learn to understand state-of-the-art papers in micro-founded macroeconomic theory with a focus on questions of open economies and heterogeneity. You will learn to analyse the drivers of individual savings, current accounts and interest rates in dynamic stochastic general equilibrium models.

We will place a particular focus on the role of inequalities resulting from the life cycle (Overlapping Generations Models) and from uninsured labour risk (Heterogeneous Agent Models). 

The main form of teaching is lectures. You will also read, summarise and present in class a state-of-the-art paper in macroeconomic theory.

Examination consists of a final written exam and the summary and presentation of the macroeconomic paper.

Spring Semester 2027

Will open for applications 15 September.

Start

18 January 2027

18 Jan 2027

End

28 March 2027

28 Mar 2027

Form

Normal learning

Pace

Part time

Language

English

City

Lund

When and how to apply

There are different application rounds depending on the type of studies you are applying to, and whether you are an EU/EEA citizen or non-EU/EEA citizen. Before applying, make sure to carefully review the entry requirements and read the how to apply guide, including document instructions.

Entry requirements

Students who have been admitted to the Master Programme in Economics and have taken the course NEKN41 “Advanced Macroeconomic Analysis” are eligible to take this course. For other students at least 90 ECTS-credits in economics are required. These must include 30 ECTS-credits at the advanced level, including NEKN41 "Advanced Macroeconomics” or its equivalent.

Selection criteria

Seats are allocated according to: ECTS (HPAV): 100 %.

Specific documents

When and how to apply

There are different application rounds depending on the type of studies you are applying to, and whether you are an EU/EEA citizen or non-EU/EEA citizen. Before applying, make sure to carefully review the entry requirements and read the how to apply guide, including document instructions.

Tuition fees for non-EU/EEA citizens

Citizens of countries outside:

  • The European Union (EU)
  • The European Economic Area (EEA) and
  • Switzerland

are required to pay tuition fees. You pay an instalment of the tuition fee in advance of each
semester.

Tuition fees, payments and exemptions

Full programme/course tuition fee: SEK 18,750
First payment: SEK 18,750

Convert currency – xe.com

Note that you may also need to pay an application fee, or provide proof of exemption.

Application fee

No tuition fees for citizens of the EU, EEA and Switzerland

There are no tuition fees for citizens of the European Union (EU), the European Economic Area (EEA) and Switzerland.

Contact us

Programme coordinator

Asli Kilicaslan

Email: master@nek.lu.se

Academic advisor

Mårten Wallette

Email: studievagledare@nek.lu.se

Director of studies

Pontus Hansson

Email: pontus.hansson@nek.lu.se