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.

2023W, VO, 2.0h, 3.0EC
TUWEL

Properties

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

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

Lecturers

Institute

Course dates

DayTimeDateLocationDescription
Tue16:00 - 18:0003.10.2023Sem.R. DA grün 06B Erste VO
Tue16:00 - 18:0010.10.2023 - 23.01.2024Sem.R. DB gelb 04 105.646
Dynamic Macroeconomics - Single appointments
DayDateTimeLocationDescription
Tue03.10.202316:00 - 18:00Sem.R. DA grün 06B Erste VO
Tue10.10.202316:00 - 18:00Sem.R. DB gelb 04 105.646
Tue17.10.202316:00 - 18:00Sem.R. DB gelb 04 105.646
Tue24.10.202316:00 - 18:00Sem.R. DB gelb 04 105.646
Tue31.10.202316:00 - 18:00Sem.R. DB gelb 04 105.646
Tue07.11.202316:00 - 18:00Sem.R. DB gelb 04 105.646
Tue14.11.202316:00 - 18:00Sem.R. DB gelb 04 105.646
Tue21.11.202316:00 - 18:00Sem.R. DB gelb 04 105.646
Tue28.11.202316:00 - 18:00Sem.R. DB gelb 04 105.646
Tue05.12.202316:00 - 18:00Sem.R. DB gelb 04 105.646
Tue12.12.202316:00 - 18:00Sem.R. DB gelb 04 105.646
Tue19.12.202316:00 - 18:00Sem.R. DB gelb 04 105.646
Tue09.01.202416:00 - 18:00Sem.R. DB gelb 04 105.646
Tue16.01.202416:00 - 18:00Sem.R. DB gelb 04 105.646
Tue23.01.202416:00 - 18:00Sem.R. DB gelb 04 105.646

Examination modalities

Solution of Problems as practiced in the homework assignments.

Exams

DayTimeDateRoomMode of examinationApplication timeApplication modeExam
Wed13:00 - 15:0024.01.2024FH 8 Nöbauer HS - MATH written18.01.2024 12:00 - 23.01.2024 23:59TISSPrüfung Jänner
Thu - 14.03.2024written07.03.2024 12:00 - 12.03.2024 23:59TISSPrüfung März
Mon - 22.04.2024written15.04.2024 12:00 - 18.04.2024 23:59TISSPrüfung April
Fri - 21.06.2024written17.06.2024 12:00 - 19.06.2024 23:59TISSPrüfung Juni

Course registration

Begin End Deregistration end
03.10.2023 18:01 10.10.2023 23:59

Curricula

Study CodeObligationSemesterPrecon.Info
066 395 Statistics and Mathematics in Economics Mandatory
066 926 Business Informatics Mandatory elective
860 GW Optional Courses - Technical Mathematics Not specified

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

English