# 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"});}); 2024S 2022W 2021W 2020W 2019W 2018W 2017W 2016W 2015W 2014W 2013W 2012W 2011W

2021W, UE, 1.0h, 1.5EC

## Properties

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

## 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 on 6.10. during the first lecture.

>> The first regular practice session takes place on 14.10.

## Course dates

DayTimeDateLocationDescription
Thu09:00 - 10:0007.10.2021 - 27.01.2022Hörsaal 15 UE Makro Gr1
Thu10:00 - 11:0007.10.2021 - 27.01.2022Seminarraum AD 03 - 1 UE Makroökonomie für WM
Macroeconomics for WM - Single appointments
DayDateTimeLocationDescription
Thu07.10.202109:00 - 10:00Hörsaal 15 UE Makro Gr1
Thu07.10.202110:00 - 11:00Seminarraum AD 03 - 1 UE Makroökonomie für WM
Thu14.10.202109:00 - 10:00Hörsaal 15 UE Makro Gr1
Thu14.10.202110:00 - 11:00Seminarraum AD 03 - 1 UE Makroökonomie für WM
Thu21.10.202109:00 - 10:00Hörsaal 15 UE Makro Gr1
Thu21.10.202110:00 - 11:00Seminarraum AD 03 - 1 UE Makroökonomie für WM
Thu28.10.202109:00 - 10:00Hörsaal 15 UE Makro Gr1
Thu28.10.202110:00 - 11:00Seminarraum AD 03 - 1 UE Makroökonomie für WM
Thu04.11.202109:00 - 10:00Hörsaal 15 UE Makro Gr1
Thu04.11.202110:00 - 11:00Seminarraum AD 03 - 1 UE Makroökonomie für WM
Thu11.11.202109:00 - 10:00Hörsaal 15 UE Makro Gr1
Thu11.11.202110:00 - 11:00Seminarraum AD 03 - 1 UE Makroökonomie für WM
Thu18.11.202109:00 - 10:00Hörsaal 15 UE Makro Gr1
Thu18.11.202110:00 - 11:00Seminarraum AD 03 - 1 UE Makroökonomie für WM
Thu25.11.202109:00 - 10:00Hörsaal 15 UE Makro Gr1
Thu25.11.202110:00 - 11:00Seminarraum AD 03 - 1 UE Makroökonomie für WM
Thu02.12.202109:00 - 10:00Hörsaal 15 UE Makro Gr1
Thu02.12.202110:00 - 11:00Seminarraum AD 03 - 1 UE Makroökonomie für WM
Thu09.12.202109:00 - 10:00Hörsaal 15 UE Makro Gr1
Thu09.12.202110:00 - 11:00Seminarraum AD 03 - 1 UE Makroökonomie für WM

## Examination modalities

indepedent solution of problem sets and presentation at the blackboard (by Zoom if switch to distance learning is necessary)

## Course registration

Begin End Deregistration end
28.07.2021 09:00 13.10.2021 12:00 20.10.2021 20:00

## Group Registration

GroupRegistration FromTo
Gruppe 1 (9:00-9:45, Hörsaal 15)07.10.2021 20:0013.10.2021 12:00
Gruppe 2 (10:00-10:45, Seminarraum AD 03 - 1)07.10.2021 20:0013.10.2021 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