Dynamischer Default-Fachbereich geändert auf WIW

Module WIW-FE-AME-M-7

Advanced Macroeconomics (M, 4.5 LP)

Module Identification

Module Number	Module Name	CP (Effort)
WIW-FE-AME-M-7	Advanced Macroeconomics	4.5 CP (135 h)

Basedata

CP, Effort	4.5 CP = 135 h
Position of the semester	1 Sem. in WiSe
Level	[7] Master (Advanced)
Language	[EN] English
Module Manager	Wenzelburger, Jan, Prof. Dr. (PROF \| DEPT: WIW)
Lecturers	Wenzelburger, Jan, Prof. Dr. (PROF \| DEPT: WIW)
Area of study	[WIW-FE] Macroeconomics
Reference course of study	[WIW-88.21-SG#2009] M.Sc. Business Studies (2009) [2009]
Livecycle-State	[NORM] Active

Courses

Type/SWS	Course Number	Title	Choice in Module-Part	Presence-Time / Self-Study		SL	SL is required for exa.	PL	CP	Sem.
3V	WIW-FE-AME-K-7	Advanced Macroeconomics	P	45 h	90 h	-	-	PL1	4.5	WiSe

About [WIW-FE-AME-K-7]: Title: "Advanced Macroeconomics"; Presence-Time: 45 h; Self-Study: 90 h

Examination achievement PL1

Form of examination: oral examination (15-30 Min.)
Examination Frequency: each semester

Evaluation of grades

The grade of the module examination is also the module grade.

From [WIW-FE-AME-K-7] Advanced Macroeconomics:

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

Competencies / intended learning achievements

Understand the interaction of generations in OLG models
Model savings and pension systems
Compute individual savings decisions
Explain the capital formation and analyze its stability
Find perfect forecasting rules

Literature

From [WIW-FE-AME-K-7] Advanced Macroeconomics:

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

Script

Requirements for attendance of the module (informal)

None

Requirements for attendance of the module (formal)