Uusi opinto-opas (sisältäen myös opetusohjelmat) lukuvuodelle 2018-2019 sijaitsee osoitteessa https://opas.peppi.utu.fi . Tältä sivustolta löytyvät enää vanhat opinto-oppaat ja opetusohjelmat.

The new study guide (incl. teaching schedules) for academic year 2018-2019 can be found at https://studyguide.utu.fi. This site contains only previous years' guides.

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Archived Curricula Guide 2014–2016
Curricula Guide is archieved. Please refer to current Curricula Guides
KT040004 KTY2 Introduction to Macroeconomics 3 ECTS
Organised by
Person in charge
Martti Vihanto

Learning outcomes

The aim of the course is to learn basics of national income accounting, money, inflation, unemployment and exchange rates. The student learns fundamentals of business cycles, interrelationships between aggregate variables and macroeconomic government policies.


Aggregate supply and demand, money and banking, monetary and fiscal policies, open economy macroeconomics.

Further information on prerequisites and recommendations

Restricted attendance: The course in available only for Master's Degree Programme students who cannot participate in KT040002 KTY2 course.

Teaching methods

No lectures. Written examination based on literature.

Modes of study

Option 1
Available for:
  • Degree Programme Students
  • Other Students
  • Doctoral Students
  • Exchange Students
Written exam
  • In English


Numeric 0-5.

Study materials

Economics, 9th ed. or newer, McGraw-Hill: London. Begg, David, Fischer, Stanley; Dornbusch, Rudiger (2008), 978-0077119669. According to instructions of the person in charge.

Belongs to following study modules

Archived Teaching Schedule. Please refer to current Teaching Shedule.
Implementation details are unavailable.
Department of Economics
Finnish Study Modules