Module Handbook

  • Dynamischer Default-Fachbereich geändert auf WIW

Course WIW-FE-AME-K-7

Advanced Macroeconomics (3V, 4.5 LP)

Course Type

SWS Type Course Form CP (Effort) Presence-Time / Self-Study
3 V Lecture 4.5 CP 45 h 90 h
(3V) 4.5 CP 45 h 90 h

Basedata

SWS 3V
CP, Effort 4.5 CP = 135 h
Position of the semester 1 Sem. in WiSe
Level [7] Master (Advanced)
Language [EN] English
Lecturers
Area of study [WIW-FE] Macroeconomics
Additional informations
Livecycle-State [NORM] Active

Contents

The main objective of this course is to develop a dynamical-systems approach to allow for finite planning horizons, non-rational behavior and heterogeneous, interacting agents.

Topics:

  • Basic growth theory
  • One-sector OLG (Overlapping Generations) models
  • Fiscal Policy and Debt
  • Multiperiod OLG models
  • Two-sector OLG models

Literature

  • Azariadis, C.: Intertemporal Macroeconomics, Cambridge, 1993
  • Barro/Sala-i-Martin: Economic Growth, McGraw-Hill, 1995
  • Blanchard O.J./Fischer S.: Lectures on Macroeconomics, Cambridge, 1998
  • Böhm und Wenzelburger: Lectures on the Theory of Economic Growth, Manuscript 2005
  • De la Croix/Michel: A theory of Economic Growth
  • Romer: Advanced Macroeconomics, McGraw-H
  • Schmitz: Economic Growth and Business Cycles in a Two-Sector Overlapping Generations Model, Tectum Verlag 2008
  • Wickens, M: Macroeconomic Theory, Princeton, 2011

Materials

  • Skript
  • Tutoriumsaufgaben

Requirements for attendance (informal)

None

Requirements for attendance (formal)

None

References to Course [WIW-FE-AME-K-7]

Module Name Context
[WIW-FE-AME-M-7] Advanced Macroeconomics P: Obligatory 3V, 4.5 LP