[ 572K2BVWKWK15 ] KS Growth, Cycles and Economic Policy

(*) Unfortunately this information is not available in english.
Workload Education level Study areas Responsible person Hours per week Coordinating university
3 ECTS B1 - Bachelor's programme 1. year Economics Rainer Bartel 2 hpw Johannes Kepler University Linz
Detailed information
Pre-requisites (*)KS Einkommen, Beschäftigung und Finanzmärkte
Original study plan Bachelor's programme Business and Economics 2018W
Objectives Students will learn more about standard business cycle models in a closed and open economy as well as more in depth about international economics; additional emphasis on monetary and fiscal policy, particularly in a crisis, expectations and their impact on economic policy-making as well as a first look at standard growth models. Students will be in a position to effectively tackle issues in macroeconomics and policy.
Subject AS-AD model in a closed and open economy, expectations pertaining to financial and goods markets as well as economic policy; financial and economic crisis, exchange rate systems and their implications for policy-making; monetary and fiscal policy inspected closer, Solow model of growth; a look at New Classical Growth Theory, medium-term consequences for employment
Criteria for evaluation Two written tests (multiple choice), one of which is mandatory (the better result counts)
Bonus points for well-formed, perceptive oral contributions in class
Methods The lecture is based on a textbook and complemented by some additional contents.
Language German
Study material Blanchard, Olivier / Amighini, Alessia / Giavazzi, Francesco (2010), Macroeconomics – A European Perspective. Harlow (UK) etc.: Prentice Hall (Pearson Education)
Changing subject? No
Further information (*)Im Fach Angewandte Ökonomie besteht eine Wahlmöglichkeit zwischen diesem Kurs und dem KS Balance of Payments and Exchange Rates. Wählbar ist aber nur jener Kurs, der nicht bereits im Rahmen der Kernkompetenzen II / Block B aus VWL absolviert wurde.
On-site course
Maximum number of participants 200
Assignment procedure Assignment according to priority