Macroeconomics II: Income, Employment and the Price Level, Group A
Description
Macroeconomics focuses on aggregate markets and aggregate variables such as gross domestic output, unemployment, inflation, interest rate etc. Simplified models with only a limited amount of markets such as the aggregate goods market, the financial market and the labour market are the focus of the analyses. Macroeconomic theory helps to understand how isolated firms are affected by the business cycle and the economic environment. It also contributes to profound analyses of a wide range of current economic problems and policy dilemmas
Structure and content
The course combines the explanation of macroeconomic concepts, the discussion of economic policy issues and the solving of problem sets. Macroeconomics II is covering the second part of the module Macroeconomics.
Macroeconomics II
- Labor Market
- AD/AS-Model
- Philips curve
- Economic Growth
| Date | Time |
|---|---|
| Wednesday, 30.10.2019 | 11:30 - 15:15 |
| Wednesday, 18.12.2019 | 14:00 - 17:00 |
The principal learning outcomes of this course are:
·to provide students with a broad and critical understanding of the key issues and concepts in Macroeconomics;
·to stimulate both appreciation and critical consideration of currentMacro theory and research;
·to allow students to reflect on current macroeconomic events (monetary policy) and policy debates;
·to prepare students for future roles in which they need to analyze local and global economies.
For each part of the course problem sets will be available on Moodle. We expect that each student will solve the problem sets as a preparation for the final exam. Detailed solutions for self-control will be provided as well.