WiSe 20/21

Macroeconomics provides you with the core concepts and models used in macroeconomics. The focus is on the basics for analyzing growth and business cycles. In contrast to bachelor-level courses, we concentrate on micro-founded models of intertemporal choice. The course covers some of the most important workhorse models of macroeconomics and we study their implications for macroeconomic policy. The course will be made up of 8 chapters:
1. Some Facts and Basics
2. Neoclassical Growth: The Solow Model
3. Neoclassical Growth: The Ramsey Model
4. Overlapping Generations Models
5. Towards Endogenous Growth
6. Endogenous Economic Growth
7. Models of (Real) Cyclical Fluctuations
8. New-Keynesian Models of Fluctuations

Welcome to the Microeconomics course for the MSc in Economics!

This course provides an introduction to microeconomic theory designed to meet the needs of students in economics at a graduate level. The course covers models of individual decision-making under uncertainty and game theory, providing an introduction to some of the main applications: risk sharing, moral hazard, auctions, mechanism design , signaling, etc. 

We are glad to have you join us in December 2020,

Florian, Hoa and Silvia

The course introduces you to several economic models, which you will learn to apply under the right circumstances. It focuses on microeconomic contributions to managerial decision making and includes areas such as profit maximization, pricing, strategic decision making, information asymmetries and behavioral economics.

A classic observation in economics is that living standards vary widely across countries. That living standards across also differ greatly between regions within countries is stressed less frequently. This is even though this observation is striking given that the different regions share the institutional structure and that workers and capital can move freely between different regions within a country. In this seminar, we will study potential reasons for the regional differences in living, and also ask how policy can help to align the standard of living across regions.