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Macroeconomics | SPE

Description

Introduction | macroeconomic developments in the global economy | pandemic and financial crisis Short-run model (ISLM) | output determination in the short run | GDP composition, fiscal policy, multiplier effects | money market, determination of interest rate | derivation of the IS-curve | derivation of the LM-curve | economic policy in the ISLM model Medium-run model (ASAD) | labor market, wages, unemployment, rigidities | expectations, dynamic analysis, Phillips-curve | AS-AD Modell Open macroeconomics | balance of payments | Mundell-Fleming model Growth models: | stylized facts of growth | saving, capital accumulation, and growth | technological progress

Learning objectives

The students should improve and deepen their knowledge and analytical capabilities in the areas of macroeconomics and economic policy. They can apply theoretical models in the discussion of current macroeconomic issues (e.g. the impact of the war in Ukraine).

E-learning

Teams

Preparation

Blanchard, O., Johnson, D.R: Macroeconomics, Global 6th Edition, Pearson, 2013, chapters 1-13; 18-21. Blanchard, O.: Macroeconomics, Global 8th Edition, Pearson, 2020, selected chapters. Forster, J., U. Klüh und S. Sauer (2009), Übungen zur Makroökonomie, 3. Auflage, Pearson Studium. Selected papers on recent issues.

Comment

Attendance at the lectures (80%) is obligatory! The exam includes a single choice test and standard exam questions (total 90 minutes).

Next events

1/12 Lecture Tu, 04.02.2025 10:00 Uhr 12:30 Uhr Kolon | LZ 05
2/12 Lecture Tu, 11.02.2025 10:00 Uhr 12:30 Uhr Kolon | LZ 05
3/12 Lecture Tu, 18.02.2025 10:00 Uhr 12:30 Uhr Kolon | LZ 05
4/12 Lecture Tu, 25.02.2025 10:00 Uhr 12:30 Uhr Kolon | LZ 05
5/12 Lecture Tu, 04.03.2025 10:00 Uhr 12:30 Uhr Kolon | LZ 05
6/12 Lecture Tu, 11.03.2025 10:00 Uhr 12:30 Uhr Kolon | LZ 05
7/12 Lecture Tu, 18.03.2025 10:00 Uhr 12:30 Uhr Kolon | LZ 05
8/12 Lecture Tu, 25.03.2025 10:00 Uhr 12:30 Uhr Kolon | LZ 05
9/12 Lecture Tu, 01.04.2025 10:00 Uhr 12:30 Uhr Kolon | LZ 05
10/12 Lecture Tu, 08.04.2025 10:00 Uhr 12:30 Uhr Kolon | LZ 05
11/12 Lecture Tu, 29.04.2025 10:00 Uhr 12:30 Uhr Kolon | LZ 05
12/12 Lecture Tu, 06.05.2025 10:00 Uhr 12:30 Uhr Kolon | LZ 05
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Course details

Offer code 114092
Version 2 6 CP_FSPOab Fall 2016
Credits / ECTS 6
WSH 3
Frequence Every term

Lecturers

lecturer image
Prof. Dr. Jarko Fidrmuc
Lecturer