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230049 KU Introduction to Economics (2012W)

3.00 ECTS (2.00 SWS), SPL 23 - Soziologie

Introduction into Macroeconomics and business cycle theory; diligent and interested students will learn to make sense of and evaluate the background, achievements, main criticism and developments of macroeconomics ans business cycle theory.

Details

Language: German

Examination dates

Lecturers

Classes (iCal) - next class is marked with N

Monday 01.10. 15:00 - 16:30 Hörsaal 32 Hauptgebäude, 1.Stock, Stiege 9
Monday 08.10. 15:00 - 16:30 Hörsaal 32 Hauptgebäude, 1.Stock, Stiege 9
Monday 15.10. 15:00 - 16:30 Hörsaal 32 Hauptgebäude, 1.Stock, Stiege 9
Monday 22.10. 15:00 - 16:30 Hörsaal 32 Hauptgebäude, 1.Stock, Stiege 9
Monday 29.10. 15:00 - 16:30 Hörsaal 32 Hauptgebäude, 1.Stock, Stiege 9
Monday 05.11. 15:00 - 16:30 Hörsaal 32 Hauptgebäude, 1.Stock, Stiege 9
Monday 12.11. 15:00 - 16:30 Hörsaal 32 Hauptgebäude, 1.Stock, Stiege 9
Monday 19.11. 15:00 - 16:30 Hörsaal 32 Hauptgebäude, 1.Stock, Stiege 9
Monday 26.11. 15:00 - 16:30 Hörsaal 32 Hauptgebäude, 1.Stock, Stiege 9
Monday 03.12. 15:00 - 16:30 Hörsaal 32 Hauptgebäude, 1.Stock, Stiege 9
Monday 10.12. 15:00 - 16:30 Hörsaal 32 Hauptgebäude, 1.Stock, Stiege 9
Monday 17.12. 15:00 - 16:30 Hörsaal 32 Hauptgebäude, 1.Stock, Stiege 9
Monday 07.01. 15:00 - 16:30 Hörsaal 32 Hauptgebäude, 1.Stock, Stiege 9
Monday 14.01. 15:00 - 16:30 Hörsaal 32 Hauptgebäude, 1.Stock, Stiege 9
Monday 21.01. 15:00 - 16:30 Hörsaal 32 Hauptgebäude, 1.Stock, Stiege 9
Monday 28.01. 15:00 - 16:30 Hörsaal 32 Hauptgebäude, 1.Stock, Stiege 9

Information

Aims, contents and method of the course

discussion of different business cycle theories and policy measures such as classical business cycle theories, monetary business cycle theories, real and monetary overinvestment theories, keynesian and monetarist explanations of business cycles, new classical macroeconomics, real business cycle models, new keynesian theories; In addition the explanatory value of those theories will be discussed by referring to present and past recessions and depressions such as, 19th century recessions, great depression of the 1930ies, recession of 1973, Japanese and East Asian crises of the late 1990ies, and the present crisis of 2008/2012.

Assessment and permitted materials

Students are required to read and prepare the literature provided for every meeting and on that basis to contribute in a lively and provocative manner to discussions at all classes. They also have to pass two written tests, i.e. a midtermtest and an endtest.

Minimum requirements and assessment criteria

Introduction into Macroeconomics and business cycle theory.

Examination topics

Teaching consists of one unbroken 90 minute seminar weekly. Students are required to read and prepare the literature provided for every meeting and on that basis to contribute in a lively and provocative manner to discussions at all classes.

Reading list

selected chapters from: O. Blanchard & G .Illing, Makroökonomie, Pearson , München 2004 Gardner Ackley, Macroeconomics: Theory and Policy, Macmillan, New York 1978/79.
Todd A. Knopp, Recessions and Depressions, Praeger, Westport Conneticut, Santa Barbara California, Denver, Colorado, Oxford, England, 2nd ed., 2010.
Peter Tenim, Lessons from the Great Depression, Cambridge: MIT Press 1989
B. Felderer & S. Homburg,, Makroökonomik und neue Makroökonomik, Springer, Berlin & Heidelberg 2005

Association in the course directory

in 505: Ba REWI

Last modified: Mo 07.09.2020 15:39