# 105.608 Macroeconomics for WM This course is in all assigned curricula part of the STEOP.\$(function(){PrimeFaces.cw("Tooltip","widget_j_id_21",{id:"j_id_21",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_23",{id:"j_id_23",showEffect:"fade",hideEffect:"fade",target:"isAnySteop"});}); 2025S 2024S 2022W 2021W 2020W 2019W 2018W 2017W 2016W 2015W 2014W 2013W 2012W 2011W

2020W, UE, 1.0h, 1.5EC

## Properties

• 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

Immanent

## Additional information

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

## Course dates

DayTimeDateLocationDescription
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
DayDateTimeLocationDescription
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

GroupDayTimeDateLocationDescription
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

## Curricula

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

## Literature

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

## Miscellaneous

• Attendance Required!

German