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105.608 Macroeconomics for WM
This course is in all assigned curricula part of the STEOP.
This course is in at least 1 assigned curriculum part of the STEOP.

2019W, UE, 1.0h, 1.5EC


  • Semester hours: 1.0
  • Credits: 1.5
  • Type: UE Exercise

Learning outcomes

After successful completion of the course, students are able to...

  • explain key macroeconomic variables (GDP, unemployment rate, inflation rate, etc.) as well as their interrelation
  • judge the potential and effectiveness of fiscal and monetary policy, and differentiate between its short und medium-run effects
  • analyze important macroeconomic questions by means of simple mathematical models
  • contrast different macroeconomic models and verify their validity by comparing to empirical observations
  • independently retrieve and prepare macroeconomic data provided by statistical offices

Subject of course

  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

Teaching methods

Introduction and analysis of macroeconomic models with algebraic and graphical means

Presentation and interpretation of statistical data

Mode of examination


Additional information

The preparatory meeting takes place in the first course of the corresponding lecture.



Course dates

Thu08:00 - 11:0010.10.2019 - 23.01.2020Hörsaal 14 Exercises
Thu08:00 - 11:0030.01.2020Hörsaal 14 Übung
Macroeconomics for WM - Single appointments
Thu10.10.201908:00 - 11:00Hörsaal 14 Exercises
Thu17.10.201908:00 - 11:00Hörsaal 14 Exercises
Thu24.10.201908:00 - 11:00Hörsaal 14 Exercises
Thu31.10.201908:00 - 11:00Hörsaal 14 Exercises
Thu07.11.201908:00 - 11:00Hörsaal 14 Exercises
Thu14.11.201908:00 - 11:00Hörsaal 14 Exercises
Thu21.11.201908:00 - 11:00Hörsaal 14 Exercises
Thu28.11.201908:00 - 11:00Hörsaal 14 Exercises
Thu05.12.201908:00 - 11:00Hörsaal 14 Exercises
Thu12.12.201908:00 - 11:00Hörsaal 14 Exercises
Thu09.01.202008:00 - 11:00Hörsaal 14 Exercises
Thu16.01.202008:00 - 11:00Hörsaal 14 Exercises
Thu23.01.202008:00 - 11:00Hörsaal 14 Exercises
Thu30.01.202008:00 - 11:00Hörsaal 14 Übung

Examination modalities

indepedent solution of problem sets and presentation at the blackboard

Course registration

Begin End Deregistration end
31.07.2019 09:00 09.10.2019 20:00 09.10.2019 20:00

Group Registration

GroupRegistration FromTo
Gruppe 1: 9:00-9:45 Uhr02.10.2019 20:0009.10.2019 20:00
Gruppe 2: 10:00-10:45 Uhr02.10.2019 20:0009.10.2019 20:00



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


Accompanying courses


  • Attendance Required!