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


  • 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



Course dates

Tue16:00 - 18:0008.10.2019 - 28.01.2020Sem.R. DB gelb 09 105.646
Dynamic Macroeconomics - Single appointments
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.


DayTimeDateRoomMode of examinationApplication timeApplication modeExam
Fri11:30 - 13:3014.08.2020Informatikhörsaal written01.08.2020 08:00 - 11.08.2020 23:59TISSPrüfung August

Course registration

Not necessary



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