Universität Wien

290016 VU Special Topics in Economics (2013W)

Macroeconomics: Business Cycle Theory and Policy

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

Details

max. 100 participants
Language: German

Lecturers

Classes (iCal) - next class is marked with N

  • Monday 07.10. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 14.10. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 21.10. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 28.10. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 04.11. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 11.11. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 18.11. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Friday 22.11. 18:00 - 22:00 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Saturday 23.11. 09:00 - 14:00 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 25.11. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 02.12. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 09.12. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 16.12. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 13.01. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Monday 20.01. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518
  • Saturday 25.01. 09:00 - 14:00 Hörsaal 13 Oskar-Morgenstern-Platz 1 2.Stock
  • Monday 27.01. 11:00 - 13:00 Hörsaal 5A Geographie NIG 5.OG A0518

Information

Aims, contents and method of the course

Introduction to Macroeconomics with special regard to business cycle theory; 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

positive mid- and endtermtest; preperation of literature on the basis of questions; written answers to questions for each meeting.

Minimum requirements and assessment criteria

Introduction to Macroeconomics and business cycle theory. Diligent and interested students will learn to make sense of and evaluate the background, achievements, main criticism and development of macroeconomic and business cycle theories.

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 on the basis of questions distributed previously. Answers of questions have to be in writing and have to be handed in at the beginning of each meeting

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

(L2-e1)

Last modified: Mo 07.09.2020 15:42