Macroeconomics (41063)

Lecture

date/room

Prof . Dr. Michael Kvasnicka

Tuesday, 11 am, building 5,  G05-H4 (G05-303)

Wednesday, 11 am, building 5,  G05-H4 (G05-303)

Tutorial

date/room

Mohamad Alhussein Saoud

Thursday, 3 pm, building 22, G22A-217

or

Thursday, 5 pm, building 22, G22A-020

General information about this course can be found at the module description and at the LSF (lecture, tutorial), lecture notes and exercises (uploaded sequentially) at E-Learning.

Contents:

• Stylized facts on aggregate fluctuations
• Goods market and effective demand
• Financial market and the role of money
• IS-LM model (as a tool of analyzing fiscal and monetary policy)
• Labor market
• AS-AD model
• Phillips curve
• Money and inflation
• Stylized facts of growth
• Saving, capital accumulation, technological progress and growth

References:

Blanchard, O.; Johnson, D. R. (2013): Macroeconomics. 6th edition, Pearson.