open programme

Inflationary economics – the impact of the macroeconomic situation on your business

Inflation, high interest rates and a weak currency are plaguing the Swedish economy. How did we get here, how does the situation affect individual businesses and their financial reports, and how can we best manage the situation? The participants will strengthen both their ability to analyse the effects of macroeconomic developments on their own operations and to present figures that provide more accurate measures of performance.


Ola Olsson and Jan Marton

Study time:

1 day




8 900 SEK (excl VAT), lunches included


In the morning, we analyse the latest information on the Swedish macroeconomic situation with an outlook on the international development. The measurement of inflation is explained as well as how the Riksbank (Sweden’s central bank) affects interest rates in the economy. We discuss the possibilities of monetary policy to curb inflation and talk about how the situation affects business and public activities in the Gothenburg region.

The macroeconomic outline in the morning provides a framework for the afternoon’s business-oriented analysis on the impact of inflation on financial reports. What does it mean for the income statement and balance sheet when the figures presented are calculated at different times, when goods and services have had different price levels? Based on their financial reports, we analyse the effects of inflation on a number of Swedish listed companies. We also discuss the consequences of currency movements and how the combination of high inflation and a falling krona exchange rate can have a major impact on financial reports.

Ola Olsson

Ola Olsson is Professor of Economics and Vice Dean with responsibility for research at the School of Business, Economics and Law at the University of Gothenburg. He teaches macroeconomics at postgraduate and master’s level and conducts research on long-term economic growth with a focus on developing countries. Ola Olsson has held several international consulting assignments, including for the World Bank, and has been a member of SIDA’s research council. He regularly comments on Swedish macroeconomic developments and economic aspects of the war in Ukraine in various media such as TV4, P1 Morgon, Dagens Nyheter and GP.

Jan Marton

Jan Marton conducts research and teaches in accounting at the School of Business, Economics and Law at the University of Gothenburg. He has previously worked as an auditor at Deloitte and an accounting specialist at KPMG. His current research deals with how accounting is used for the valuation of companies in the stock market and credit market. In addition to teaching at the university, Jan has extensive experience of courses for practitioners. He is active in the strategic development of answers to accounting questions within the accounting profession and is chairman of the Swedish Audit Academy (which works for increased exchange between the profession and higher education institutions).

Target group:
Executives who want to strengthen their ability to independently analyze how macroeconomic developments affect their own operations, as well as those who analyze and use financial reports, internally and externally.

The program provides an improved understanding of the difficulties of measuring financial performance in both one’s own and other companies in times of inflation and currency movements. Participants strengthen their ability to present numbers that provide more accurate measures of performance.


NB: The programme is delivered in Swedish.


Date and place:
Spring 2024, date TBD – at the School of Business, Economics and Law

MORNING with Ola Olsson, 08.00-12.00

  • The current situation from a Swedish and international perspective
  • How is inflation measured and how can the Riksbank and politics influence it?
  • The effects of the inflationary economy on businesses in the Gothenburg region

AFTERNOON with Jan Marton, 13.00-17.00

  • About different items in the income statement and balance sheet and how their relevance is affected by inflation
  • Accounting models for managing price changes – how effective are they and what assumptions are they based on?
  • Analysis of financial reports affected by inflation
  • Effects of currency movements, how the combination of high inflation and a falling krona exchange rate can have a major impact on financial reports

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General conditions for applying to open-enrolment programmes

Once we receive your application, you will receive a confirmation by e-mail. The confirmation will contain all practical information. We will send you an invoice for the programme fee 14 days before it starts. Should there be too few applications, we reserve the right to cancel the programme. In such case, you will be notified by e-mail.


In case you wish to cancel your application a written cancellation needs to be sent via e-mail. This can be done without cost up to 28 days before programme start. Cancellation within 14-27 days before programme start will be charged with 50% of the programme fee. Cancelling less than 14 days means the entire fee will be charged. In case of cancellation, you are welcome to find a replacement to take your seat.