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290021 SE Seminar in Economics (Macroeconomics) (2021W)

What the So-Called "Nobel Prize for Economics" Has Been Awarded for - New Findings and Appraisals

4.00 ECTS (2.00 SWS), SPL 29 - Geographie
Continuous assessment of course work
ON-SITE

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. 25 participants
Language: German

Lecturers

Classes (iCal) - next class is marked with N

UPDATE 24.11.2021: Aufgrund des von der Bundesregierung verordneten Lockdowns, werden die Seminareinheiten ab sofort und bis auf Widerruf online via Moodle-Kurs stattfinden!

Wednesday 06.10. 15:00 - 16:30 Seminarraum 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 13.10. 15:00 - 16:30 Seminarraum 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 20.10. 15:00 - 16:30 Seminarraum 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 27.10. 15:00 - 16:30 Seminarraum 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 03.11. 15:00 - 16:30 Seminarraum 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 10.11. 15:00 - 16:30 Seminarraum 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 17.11. 15:00 - 16:30 Seminarraum 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 24.11. 15:00 - 16:30 Seminarraum 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 01.12. 15:00 - 16:30 Seminarraum 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 15.12. 15:00 - 16:30 Seminarraum 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 12.01. 15:00 - 16:30 Seminarraum 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 19.01. 15:00 - 16:30 Seminarraum 14 Oskar-Morgenstern-Platz 1 2.Stock
Wednesday 26.01. 15:00 - 16:30 Seminarraum 14 Oskar-Morgenstern-Platz 1 2.Stock

Information

Aims, contents and method of the course

The aim of the course is to understand, interpret and present relevant economic topics using the so-called “Nobel Prizes in Economics”.

Assessment and permitted materials

A seminar paper is to be written. In addition, there is the respective presentation and discussion, as well as participation in the discussion on the other topics.
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
theories
Discourse on theories
Forecasting and verification

The 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 versions

Minimum 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

see above

Examination topics

Topics:
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

Reading list

Literatur-Recherche ist Teil der Seminararbeit

Association in the course directory

(MA UF GW 03)

Last modified: Fr 10.12.2021 15:09