105.704 Principles of 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.

2021W, VO, 2.0h, 3.0EC
Lecture TubeTUWEL

Properties

  • Semester hours: 2.0
  • Credits: 3.0
  • Type: VO Lecture
  • LectureTube course
  • 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
  • describe salient empirical regularities as well as modeling approaches for economic growth in the long run.

Subject of course

  1)   Introduction and evidence for important aggregate variables (GDP, unemployment rate, inflation rate);
  2)   National accounts and the measurement of gross domestic product;
  3)   The goods market;
  4)   Money and financial markets and the role of central banks;
  5)   The IS-LM model (short-term effects of monetary and fiscal policy);
  6)   The extended IS-LM model (nominal vs. real interest rates, risky assets, banks);
  7)   Labor markets: Wages, prices and the natural rate of unemployment;
  8)   The IS-LM-PC model (short-term vs. medium-term effects of monetary and fiscal policy);
  9)   Economic growth: Stylized facts;
  10)   Economic growth: Production, Savings, and capital accumulation;
  11)   Economic growth: Technological progress;
  12)   The open economy

Teaching methods

Introduction and analysis of macroeconomic models using algebraic and graphical means

Mode of examination

Written

Additional information

The course materials are available on TUWEL.

Textbook:

  • Blanchard, Olivier und Gerhard Illing, Makroökonomie, 7., aktualisierte Auflage, Pearson Studium, 2017 bzw.
  • Olivier Blanchard, Macroeconomics, 7th edition, Prentice Hall.

Lecturers

Institute

Course dates

DayTimeDateLocationDescription
Fri10:00 - 12:0008.10.2021 - 28.01.2022FH Hörsaal 1 - MWB VO Grundlagen der Makroökonomie
Principles of Macroeconomics - Single appointments
DayDateTimeLocationDescription
Fri08.10.202110:00 - 12:00FH Hörsaal 1 - MWB VO Grundlagen der Makroökonomie
Fri15.10.202110:00 - 12:00FH Hörsaal 1 - MWB VO Grundlagen der Makroökonomie
Fri22.10.202110:00 - 12:00FH Hörsaal 1 - MWB VO Grundlagen der Makroökonomie
Fri29.10.202110:00 - 12:00FH Hörsaal 1 - MWB VO Grundlagen der Makroökonomie
Fri05.11.202110:00 - 12:00FH Hörsaal 1 - MWB VO Grundlagen der Makroökonomie
Fri12.11.202110:00 - 12:00FH Hörsaal 1 - MWB VO Grundlagen der Makroökonomie
Fri19.11.202110:00 - 12:00FH Hörsaal 1 - MWB VO Grundlagen der Makroökonomie
Fri26.11.202110:00 - 12:00FH Hörsaal 1 - MWB VO Grundlagen der Makroökonomie
Fri03.12.202110:00 - 12:00FH Hörsaal 1 - MWB VO Grundlagen der Makroökonomie
Fri10.12.202110:00 - 12:00FH Hörsaal 1 - MWB VO Grundlagen der Makroökonomie
Fri17.12.202110:00 - 12:00FH Hörsaal 1 - MWB VO Grundlagen der Makroökonomie
Fri14.01.202210:00 - 12:00FH Hörsaal 1 - MWB VO Grundlagen der Makroökonomie
Fri21.01.202210:00 - 12:00FH Hörsaal 1 - MWB VO Grundlagen der Makroökonomie
Fri28.01.202210:00 - 12:00FH Hörsaal 1 - MWB VO Grundlagen der Makroökonomie

Examination modalities

Written exam

Exams

DayTimeDateRoomMode of examinationApplication timeApplication modeExam
Tue14:00 - 16:0004.10.2022Hörsaal 6 - RPL written30.09.2022 12:00 - 03.10.2022 23:59TISSPrüfung Oktober
Tue14:00 - 16:0029.11.2022HS 14A Günther Feuerstein written26.11.2022 12:00 - 28.11.2022 23:59TISSPrüfung November
Fri11:00 - 12:0027.01.2023FH Hörsaal 5 - TPH written24.01.2023 12:00 - 26.01.2023 23:59TISSPrüfung Jänner
Fri11:00 - 12:0027.01.2023FH Hörsaal 6 - TPH written24.01.2023 12:00 - 26.01.2023 23:59TISSPrüfung Jänner
Fri11:00 - 12:0027.01.2023GM 1 Audi. Max.- ARCH-INF written24.01.2023 12:00 - 26.01.2023 23:59TISSPrüfung Jänner

Course registration

Begin End Deregistration end
24.09.2021 12:00

Curricula

Study CodeSemesterPrecon.Info
033 282 Mechanical Engineering - Management 1. Semester
033 526 Business Informatics 3. SemesterSTEOP
Course requires the completion of the introductory and orientation phase
066 937 Software Engineering & Internet Computing STEOP
Course requires the completion of the introductory and orientation phase

Literature

No lecture notes are available.

Language

German