114092 Macroeconomics

Lehrende: Prof. Dr. Jarko Fidrmuc

Veranstaltungsart: Seminar

Orga-Einheit: Sociology, Politics & Economics

Anzeige im Stundenplan: Macro

Semesterwochenstunden: 3

Credits: 6,0
Hinweis: In Ihrer Prüfungsordnung können abweichende Credits festgelegt sein.

Standort: Campus der Zeppelin Universität

Unterrichtssprache: Englisch

Min. | Max. Teilnehmerzahl: 5 | 35

Prioritätsschema: Standard-Priorisierung

Inhalte:
Introduction
|  Macroeconomic developments in the global economy
|  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
| AS-AD Modell
| expectations, dynamic analysis, Phillips-curve
 
Open macroeconomics 
| balance of payments
| Mundell-Fleming model

Growth models:
| stylized facts of growth
| saving, capital accumulation, and growth
| technological progress

Lernziele:
The students should improve and deepen their knowledge and analytical capabilities in the areas of macroeconomics and economic policy.

Literatur:

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