[ 572K2AVEBFU15 ] IK Income, Employment and Financial Markets

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Workload Education level Study areas Responsible person Hours per week Coordinating university
3 ECTS B1 - Bachelor's programme 1. year Economics Jochen Güntner 2 hpw Johannes Kepler University Linz
Detailed information
Pre-requisites (*)keine
Original study plan Bachelor's programme Business and Economics 2015W
Objectives Students will acquire initial insight into important key issues on aggregate economies and explore how instruments in economic policy function.
Subject 1. Introduction and important macroeconomic variables
2. Producing income
3. Managing financial wealth
4. Interdependency of the goods and financial markets
5. Foreign economy and domestic income
6. Unemployment and the formation of real wages
7. Causing inflation
8. Changes in expansion, unemployment and inflation
Criteria for evaluation The "course examination" will be in the form of (a) written test(s).
Two tests (comprised of multiple choice questions) will be given.
Students must take at least one of the tests. The higher test score - or the results of the one test taken - will count.
Methods Students are required to prepare for class in advance by preparing an assigned chapter from the text book. The instructor will lecture on the course content, focusing on real-world aspects in class. When asking questions, students are asked to express themselves clearly.
Language German
Study material Blanchard, Olivier / Amighini, Alessia / Giavazzi, Francesco (2010), Macroeconomics – A European Perspective. Harlow (UK) etc.: Prentice Hall (Pearson Education), see
Changing subject? No
On-site course
Maximum number of participants 40
Assignment procedure Assignment according to priority