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
- Trainer/in: Lukas Rosenberger
- Trainer/in: Uwe Sunde