105.646 Dynamic Macroeconomics
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, VO, 2.0h, 3.0EC

Properties

  • Semester hours: 2.0
  • Credits: 3.0
  • Type: VO Lecture

Learning outcomes

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

  • list key empirical relationships related to economic growth;
  • critically assess the basic theoretical models in economic growth that try to explain the key empirical relationships;
  • set-up and solve theoretical models to analyse issues in economic growth;
  • analyze models of economic growth, e.g., compare their equilibrium predictions to the data;
  • assess fiscal policy within the models;
  • construct extensions of these basic models independently.

Subject of course

Topics include:

  1. Overview on economic growth and economic development
  2. The Solow-Swan model as a starting point in growth theory
  3. The Ramsey-Cass-Koopmans model as the central workhorse
  4. Technology diffusion around the world
  5. Growth and subsistence consumption
  6. Growth with overlapping generations
  7. Human capital and economic growth
  8. First-generation models of endogenous growth
  9. Models of endogenous technological change
  10. Growth, development, and exhaustible resources

Teaching methods

  • This is an interactive course and students have to be ready to work actively;
  • Stylized facts about economic growth and macroeconomic theories of growth are discussed;
  • Rigorous exposition of theoretical models including detours to clarify methods and illustrative examples are used throughout the presentation to provide deeper insights to the theoretical issues;
  • Self-study, i.e., autonomous work by students on all material covered in class;
  • Regular homework assignments related to particular topics are distributed and have to be solved by students in an accompanying course (105.647, UE);
  • Students are encouraged to make use of office hours, which are meant to clarify specific problems students may have.

Mode of examination

Written and oral

Lecturers

Institute

Course dates

DayTimeDateLocationDescription
Tue16:00 - 18:0008.10.2019 - 28.01.2020Sem.R. DB gelb 09 105.646
Dynamic Macroeconomics - Single appointments
DayDateTimeLocationDescription
Tue08.10.201916:00 - 18:00Sem.R. DB gelb 09 105.646
Tue15.10.201916:00 - 18:00Sem.R. DB gelb 09 105.646
Tue22.10.201916:00 - 18:00Sem.R. DB gelb 09 105.646
Tue29.10.201916:00 - 18:00Sem.R. DB gelb 09 105.646
Tue05.11.201916:00 - 18:00Sem.R. DB gelb 09 105.646
Tue12.11.201916:00 - 18:00Sem.R. DB gelb 09 105.646
Tue19.11.201916:00 - 18:00Sem.R. DB gelb 09 105.646
Tue26.11.201916:00 - 18:00Sem.R. DB gelb 09 105.646
Tue03.12.201916:00 - 18:00Sem.R. DB gelb 09 105.646
Tue10.12.201916:00 - 18:00Sem.R. DB gelb 09 105.646
Tue17.12.201916:00 - 18:00Sem.R. DB gelb 09 105.646
Tue07.01.202016:00 - 18:00Sem.R. DB gelb 09 105.646
Tue14.01.202016:00 - 18:00Sem.R. DB gelb 09 105.646
Tue21.01.202016:00 - 18:00Sem.R. DB gelb 09 105.646
Tue28.01.202016:00 - 18:00Sem.R. DB gelb 09 105.646

Examination modalities

Solution of Problems as practiced in the homework assignments.

Exams

DayTimeDateRoomMode of examinationApplication timeApplication modeExam
Thu15:00 - 17:0030.01.2020GM 1 Audi. Max. written&oral06.01.2020 07:00 - 27.01.2020 23:59TISS3. Termin
Thu16:00 - 18:0005.03.2020EI 7 Hörsaal written&oral17.02.2020 07:00 - 03.03.2020 23:59TISS1. Termin
Tue16:00 - 18:0021.04.2020EI 7 Hörsaal written&oral06.04.2020 07:00 - 20.04.2020 07:00TISS2. Termin
Thu15:00 - 17:0025.06.2020FH Hörsaal 1 written&oral08.06.2020 07:00 - 23.06.2020 23:59TISS3. Termin

Course registration

Not necessary

Curricula

Literature

No lecture notes are available.

Previous knowledge

  • 105.606 Macroeconomics for WM (VO)
  • 105.605 Microeconomics for WM (VO)
  • 105.690 Advanced Macroeconomics (VO)
  • 105.691 Advanced Macroeconomics (SE)

Accompanying courses

Language

German