Solving of problems in order to go further into the contents of the lecture "Macroeconomics for WM".

1) Introduction: Evolution of macroeconomic variables in selected countries during the last decades
2) Goods market: national income accounting, multiplier models
3) Financial markets and the IS-LM model: short-run effects of monetary and fiscal policy in a closed economy
4) Labor market, Phillips curve and the IS-LM-PC model: medium-run effects of monetary and fiscal policy in a closed economy
5) Goods and financial markets in an open economy

continuous assessment

Olivier Blanchard und Gerhard Illing, Makroökonomie, 7., aktualisierte und erweiterte Auflage, Pearson Studium, 2017