Universität Wien
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040045 UK Macroeconomics (2018S)

6.00 ECTS (4.00 SWS), SPL 4 - Wirtschaftswissenschaften
Continuous assessment of course work

Summary

1 Wolf , Moodle
2 Exler , Moodle

Registration/Deregistration

Note: The time of your registration within the registration period has no effect on the allocation of places (no first come, first served).
Registration information is available for each group.

Groups

Group 1

Tutorium: FR wtl von 09.03.2018 bis 29.06.2018 15.00-16.30 Ort: Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock;

max. 200 participants
Language: English
LMS: Moodle

Lecturers

Classes (iCal) - next class is marked with N

  • Monday 05.03. 16:45 - 18:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 08.03. 16:45 - 18:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 09.03. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 15.03. 16:45 - 18:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 16.03. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 19.03. 16:45 - 18:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 22.03. 16:45 - 18:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 23.03. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 09.04. 16:45 - 18:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 12.04. 16:45 - 18:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 13.04. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 16.04. 16:45 - 18:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 19.04. 16:45 - 18:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 20.04. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 23.04. 16:45 - 18:15 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 26.04. 16:45 - 18:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 27.04. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 03.05. 16:45 - 18:15 Hörsaal 11 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 04.05. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 07.05. 16:45 - 18:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 14.05. 16:45 - 18:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 17.05. 16:45 - 18:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 18.05. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 24.05. 16:45 - 18:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 25.05. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 28.05. 16:45 - 18:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 01.06. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 04.06. 16:45 - 18:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 07.06. 16:45 - 18:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 08.06. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 11.06. 16:45 - 18:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 14.06. 16:45 - 18:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 15.06. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 18.06. 16:45 - 18:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 21.06. 16:45 - 18:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Friday 22.06. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock
  • Friday 29.06. 15:00 - 16:30 Hörsaal 7 Oskar-Morgenstern-Platz 1 1.Stock

Aims, contents and method of the course

The course aims at introducing the students to the basic contents of macroeconomics. By the end of the course, students are expected to have acquired a basic understanding of what factors drive economic growth, what causes business cycle fluctuations, how the financial sector operates, and how nominal and real exchange rates are determined in global markets.
The course consists of five main building blocks:

1. Macroeconomic Accounts
2. Economic Growth
3. Business Cycles
4. Financial Sector (if time permits)
5. Open Economy and Exchange Rates (if time permits)

The lecture comprises 4 hours per week covering mainly theory and examples. There will be an additional tutorial, where practical exercises are discussed.

Assessment and permitted materials

The evaluation consists of following components: midterm exam, final exam and in-class quizzes (all closed-book).

The midterm exam takes place on Wednesday, May 9, 16.45-18.15.
The final exam takes place on Wednesday, July 2, 09.45-11.15.

Minimum requirements and assessment criteria

The evaluation consists of three components:
40% midterm exam
40% final exam
20% quizzes & problem sets

The minimal requirement for a positive course grade is to achieve 50 points.

Reading list

"Macroeconomics: Understanding the Global Economy", by David Miles, Andrew Scott, and Francis Breedon (3rd edition), Wiley. (Chapters 1-7, and 10-20)

Group 2

Tutorium:
DO wtl von 08.03.2018 bis 12.04.2018 13.15-14.45 Ort: Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock; DO 19.04.2018 und 26.04.2018 13.15-14.45 Ort: Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock; DO 03.05.2018 13.15-14.45 Ort: Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock; DO 17.05.2018 13.15-14.45 Ort: Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock; DO wtl von 24.05.2018 bis 21.06.2018 13.15-14.45 Ort: Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock

anrechenbar für BW, 1.Abschnitt, VO+UE, bzw. entsprechendem Teil der Diplomprüfung "Grundzüge der politischen Ökonomie ... " sowie für das Erweiterungscurriulum Volkswirtschaftslehre, Modul "VO Makroökonomie".

max. 200 participants
Language: English
LMS: Moodle

Lecturers

Classes (iCal) - next class is marked with N

  • Monday 05.03. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 08.03. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 08.03. 13:15 - 14:45 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 15.03. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 15.03. 13:15 - 14:45 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 19.03. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 22.03. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 22.03. 13:15 - 14:45 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 09.04. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 12.04. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 12.04. 13:15 - 14:45 Hörsaal 8 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 16.04. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 19.04. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 19.04. 13:15 - 14:45 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 23.04. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 26.04. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 26.04. 13:15 - 14:45 Hörsaal 16 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 03.05. 09:45 - 11:15 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 03.05. 13:15 - 14:45 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 07.05. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 14.05. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 17.05. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 17.05. 13:15 - 14:45 Hörsaal 17 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 24.05. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 24.05. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 28.05. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Monday 04.06. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 07.06. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 07.06. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 11.06. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 14.06. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 14.06. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 18.06. 13:15 - 14:45 Hörsaal 6 Oskar-Morgenstern-Platz 1 1.Stock
  • Thursday 21.06. 09:45 - 11:15 Hörsaal 14 Oskar-Morgenstern-Platz 1 2.Stock
  • Thursday 21.06. 13:15 - 14:45 Hörsaal 12 Oskar-Morgenstern-Platz 1 2.Stock

Aims, contents and method of the course

The course aims at introducing the students to the basic contents of macroeconomics. By the end of the course, students are expected to have acquired a basic understanding of what factors drive economic growth, what causes business cycle fluctuations, how the financial sector operates, and how nominal and real exchange rates are determined in global markets.
The course consists of five main building blocks:

1. Macroeconomic Accounts
2. Economic Growth
3. Business Cycles
4. Financial Sector (if time permits)
5. Open Economy and Exchange Rates (if time permits)

Course Textbook: "Macroeconomics: Understanding the Global Economy" by David Miles, Andrew Scott and Francis Breedon, Third Edition, John Wiley & Sons

Assessment and permitted materials

The evaluation consists of three components:
40% midterm exam
40% final exam
20% quizzes & problem sets

Exam dates:
- Midterm: Wednesday, May 9, 16:45 - 18:15
- Final: Monday, July 2, 09:45 - 11:15

Minimum requirements and assessment criteria

The minimal requirement for a positive course grade is to achieve 50 points.

Reading list

Course Textbook: "Macroeconomics: Understanding the Global Economy", by David Miles, Andrew Scott and Francis Breedon, Third Edition, John Wiley & Sons

1. What is Macro and National Accounts

a) What is Macro?
Reference: Course Textbook, Chapter 1

b) National Accounts
Reference: Course Textbook, Chapter 2, excluding 2.5

2. Economic Growth

a) The Wealth of Nations: The Supply Side
Reference: Course Textbook, Chapter 3, only from 3.3 to 3.5 (inclusive)

b) Capital Accumulation and Economic Growth
Reference: Course Textbook, Chapter 4 excluding 4.8

c) Total Factor Productivity, Human Capital and Technology
Reference: Course Textbook, Chapter 5 excluding 5.5

d) Endogenous Growth and Convergence
Reference: Course Textbook, Chapter 6, only from 6.1 to 6.4 (inclusive)

3. Business Cycles

a) Unemployment and the Labour Market
Reference: Course Textbook, Chapter 7 excluding 7.8

b) Consumption
Reference: Course Textbook, Chapter 10, from 10.1 to 10.5 (inclusive)

c) Investment
Reference: Course Textbook, Chapter 10, from 10.8 to 10.11 (inclusive) [note: 10.13 is discussed later, in Stabilization Policy]

d) Business Cycles
Reference: Course Textbook, Chapter 11 (except 11.5 and 11.9)

e) Money and Prices
Reference: Course Textbook, Chapter 12

f) Monetary Policy
Reference: Course Textbook, Chapter 13 [note: 13.2 is discussed later in Stabilization Policy]

g) Fiscal Policy
Reference: Course Textbook, Chapter 14

h) Stabilization Policy
References: Course Textbook, Chapter 15 and for IS-LM model see 10.13 and 13.2

4. Financial Sector (if time permits):

a) Equities and Bonds
Reference: Course Textbook, Chapter 16 (excluding 16.2, 16.5, 16.6, 16.12 and 16.13)

b) Banking Sector
Reference, Course Textbook, Chapter 17, only 17.1 and 17.2

c) Sovereign Debt and Default
Reference: Course Textbook, Chapter 17, only 17.1, 17.2 and 17.3

5. Open Economy and Exchange Rates (if time permits)

a) Real Exchange Rate Determination
Reference: Course Textbook, Chapter 19 (excluding 19.5)

b) Nominal Exchange Rate
Reference: Course Textbook, Chapter 20, only 20.1, 20.2, 20.3, 20.4 and 20.5

Information

Examination topics

Association in the course directory

Last modified: Mo 07.09.2020 15:28