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# 105.608 Macroeconomics for WM This course is in all assigned curricula part of the STEOP.\$(function(){PrimeFaces.cw("Tooltip","widget_j_id_20",{id:"j_id_20",showEffect:"fade",hideEffect:"fade",target:"isAllSteop"});});This course is in at least 1 assigned curriculum part of the STEOP.\$(function(){PrimeFaces.cw("Tooltip","widget_j_id_22",{id:"j_id_22",showEffect:"fade",hideEffect:"fade",target:"isAnySteop"});}); 2020W 2019W 2018W 2017W 2016W 2015W 2014W 2013W 2012W 2011W

2019W, UE, 1.0h, 1.5EC

## Properties

• 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

Immanent

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

## Course dates

DayTimeDateLocationDescription
Thu08:00 - 11:0010.10.2019 - 23.01.2020Hörsaal 14 Exercises
Thu08:00 - 11:0030.01.2020Hörsaal 14 Übung
Macroeconomics for WM - Single appointments
DayDateTimeLocationDescription
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

## Literature

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

## Miscellaneous

• Attendance Required!

German