Universität Wien

290012 VU Special Topics in Economics (2012W)

Macroeconomics: Business Cycle Theory and Policy

3.00 ECTS (2.00 SWS), SPL 29 - Geographie
Continuous assessment of course work
Moodle

Details

Language: German

Lecturers

Classes (iCal) - next class is marked with N

  • Monday 01.10. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 08.10. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 15.10. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 22.10. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 29.10. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 05.11. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 12.11. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 19.11. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Wednesday 21.11. 18:00 - 20:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
  • Thursday 22.11. 18:05 - 20:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
  • Monday 26.11. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Tuesday 27.11. 18:00 - 20:00 (Seminarraum 2 Hohenstaufengasse 9 1.Stock)
  • Wednesday 28.11. 18:00 - 20:00 (Seminarraum 1 Hohenstaufengasse 9 1.Stock)
  • Monday 03.12. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 10.12. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 17.12. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 07.01. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 14.01. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 21.01. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 28.01. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518

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 2008/2011.

Assessment and permitted materials

preparation of literature and contribution to discussions at all classes; one substantial talk; examination paper at the end of course.

Minimum requirements and assessment criteria

Introduction to business cycle theory and its application. Diligent and interested students will learn to make sense of and evaluate the background, achievements, main criticism and developments of business cycle theory.

Examination topics

teaching consists of one unbroken 90 minute unit weekly. Each unit consists of lectures and contributions by students. Students are required to read and prepare the literature provided for each meeting and contribute on that basis to discussions at all classes. In addition they have to present one substantial talk (about 20 min) as well, however, only after having discussed that talk with me.

Reading list

Todd A. Knopp, Recessions and Depressions, Praeger, Westport Conneticut, Santa Barbara California, Denver, Colarado, Oxford, England, 2nd ed., 2010. Deutschsprachige Literatur wird noch angegeben.

Association in the course directory

(L2-e1)

Last modified: Mo 07.09.2020 15:42