105.647 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.

2020W, UE, 1.0h, 1.5EC
TUWEL

Properties

  • Semester hours: 1.0
  • Credits: 1.5
  • Type: UE Exercise
  • Format: Distance Learning

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

Students solve examples.

Mode of examination

Immanent

Lecturers

Institute

Course dates

DayTimeDateLocationDescription
Wed11:00 - 12:0014.10.2020 - 27.01.2021 105.647
Dynamic Macroeconomics - Single appointments
DayDateTimeLocationDescription
Wed14.10.202011:00 - 12:00 105.647
Wed21.10.202011:00 - 12:00 105.647
Wed28.10.202011:00 - 12:00 105.647
Wed04.11.202011:00 - 12:00 105.647
Wed11.11.202011:00 - 12:00 105.647
Wed18.11.202011:00 - 12:00 105.647
Wed25.11.202011:00 - 12:00 105.647
Wed02.12.202011:00 - 12:00 105.647
Wed09.12.202011:00 - 12:00 105.647
Wed16.12.202011:00 - 12:00 105.647
Wed13.01.202111:00 - 12:00 105.647
Wed20.01.202111:00 - 12:00 105.647
Wed27.01.202111:00 - 12:00 105.647

Examination modalities

  • Accuracy and completeness of the solution of the exercises.
  • Quality of discussion and presentation of solution of exercises.

Course registration

Begin End Deregistration end
23.09.2020 11:00 22.10.2020 08:30 29.10.2020 12:00

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

Miscellaneous

  • Attendance Required!

Language

English