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.

2020W, UE, 1.0h, 1.5EC
TUWELQuinn ECTS survey


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

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 is held on 9.10. The first regular practice session is taking place on 16.10.



Course dates

Fri09:30 - 10:0009.10.2020 Online via Zoom (LIVE)Initial meeting
Fri09:00 - 11:0016.10.2020 - 22.01.2021 Online via Zoom (LIVE)Exercises
Macroeconomics for WM - Single appointments
Fri09.10.202009:30 - 10:00 Online via ZoomInitial meeting
Fri16.10.202009:00 - 11:00 Online via ZoomExercises
Fri23.10.202009:00 - 11:00 Online via ZoomExercises
Fri30.10.202009:00 - 11:00 Online via ZoomExercises
Fri06.11.202009:00 - 11:00 Online via ZoomExercises
Fri13.11.202009:00 - 11:00 Online via ZoomExercises
Fri20.11.202009:00 - 11:00 Online via ZoomExercises
Fri27.11.202009:00 - 11:00 Online via ZoomExercises
Fri04.12.202009:00 - 11:00 Online via ZoomExercises
Fri11.12.202009:00 - 11:00 Online via ZoomExercises
Fri18.12.202009:00 - 11:00 Online via ZoomExercises
Fri08.01.202109:00 - 11:00 Online via ZoomExercises
Fri15.01.202109:00 - 11:00 Online via ZoomExercises
Fri22.01.202109:00 - 11:00 Online via ZoomExercises

Examination modalities

indepedent solution of problem sets and presentation at the blackboard (replaced by Zoom this semester)

Group dates

Gruppe 1 (9:00-10:00)Fri09:00 - 10:0016.10.2020 - 22.01.2021 Online via Zoom105.608 Macroeconomics for WM Gruppe 1 (9:00-10:00)
Gruppe 2 (10:00-11:00)Fri10:00 - 11:0016.10.2020 - 22.01.2021 Online via Zoom105.608 Macroeconomics for WM Gruppe 2 (10:00-11:00)

Course registration

Begin End Deregistration end
29.07.2020 09:00 15.10.2020 12:00 22.10.2020 20:00

Group Registration

GroupRegistration FromTo
Gruppe 1 (9:00-10:00)09.10.2020 20:0015.10.2020 12:00
Gruppe 2 (10:00-11:00)09.10.2020 20:0015.10.2020 12:00


Study CodeObligationSemesterPrecon.Info
033 203 Statistics and Mathematics in Economics Mandatory3. Semester
066 395 Statistics and Mathematics in Economics Mandatory elective


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


Accompanying courses


  • Attendance Required!