290008 SE Seminar in Economics (Macroeconomics) (2020S)
What the so-called "Nobel Prize for Economics" has been awarded for - new findings and appraisals
- Registration is open from Mo 10.02.2020 08:00 to Su 23.02.2020 23:59
- Deregistration possible until Th 30.04.2020 23:59
Classes (iCal) - next class is marked with N
Aims, contents and method of the course
Assessment and permitted materials
In the first hour there will be an introduction and the allocation of topics
Type of performance control
Central is the writing of a seminar paper, which should be structured as follows:
life and time background of the laureates
Discourse on theories
Forecasting and verificationThe lecture should take about 20 minutes.
The work must be submitted one week before the presentation. Changes in the first version (revision) are to be highlighted in further versionsMinimum requirements and standard of assessment
(The percentages below refer to the proportion of weight in the overall assessment :)
The content (35%), presentation (10%), the ability to summarize (10%), the scientific method (10%) and the ability to discuss it are assessed.
Everyone also has to make a prepared discussion contribution (approx. 5 min) (10%). Ad hoc contributions to the discussion are also noted positively.
At the beginning of each hour, the topic of the last hour is repeated, with at least one participant being invited at random. (10%)
At the end of the semester there is a final test (approx. 45 min), in which resume from all work is queried. (15%)
Minimum requirements and assessment criteria
1. Kuznets: BNP and Kuznets curve
2. Arrow: Arrow paradox, Arrow-Debreu equilibrium model, environmental economics
3. Leontief: I-O technology, Leontief paradox, Leontief production function
4. Myrdal: polarization theory, development policy
5. Kantorowitsch: linear programming, production planning
6. Friedman: Monetarism, "Natural Unemployment Rate"
7. Simon: Complexity, "bounded rationality", "satisficing".
8. Tobin: Financial speculation, Tobin's Q
9. Solow: Solow growth model, technology
10. Coase: transaction costs, principal-agent theory.
11. Fogel-North: Quantitative methods in economic history
12. Becker: human capital, market and everyday life (up to the economic theory of marriage)
13. Merton, Scholes: Concepts for speculation
14. Sen: measurement of inequality and poverty, HDI, capability approach
15. Fama-Hansen-Shiller: market efficiency hypothesis, speculation
16. Kahnemann: behavioral economics, real decisions
17. Ostrom: Commons, collective action
18. Stiglitz: asymmetrical information, "globalization"
19. Krugman: New economic geography, wealth distribution
20. Tyrol: market power, concentration, oligopolies
21. Nordhaus: Models for Climate Change
22. Romer: New growth theory, innovation
23. Thaler: Behavioral Economics, Nudge
24. Banerjee-Duflo-Kremer: Empiricism to fight poverty