Module 31-M-Macro2 Macroeconomics 2

Faculty

Person responsible for module

Regular cycle (beginning)

Every summer semester

Credit points and duration

7 Credit points

For information on the duration of the modul, refer to the courses of study in which the module is used.

Competencies

Non-official translation of the module descriptions. Only the German version is legally binding.

This graduate course is the second in the sequence of courses introducing students to advanced macroeconomic analysis. Based on the models, analytical tools, and methods covered in Macroeconomics I, this course offers a discussion of relevant topics related to unemployment, inflation and monetary policy, and open economy macroeconomics.

Content of teaching

  • unemployment (wage rigidity, search and matching models)
  • monetary theory and policy (neutrality, inflation, Taylor rule)
  • financial institutions
  • open economy macroeconomics (international trade, tariffs, exchange rate determination, international financial markets)

Reading material:
Blanchard, Olivier Jean and Fischer, Stanley (1989), Lectures on Macroeconomics, MIT Press.
Gandolfo, Giancarlo (2001), International Finance and Open-Economy Macroeconomics, Springer-Verlag.
Romer, David (2005), Advanced Macroeconomics, 3rd ed., McGraw-Hill.
Walsh, Carl E. (1998), Monetary Theory and Policy, MIT Press.

Recommended previous knowledge

Macroeconomics 1

Necessary requirements

—

Explanation regarding the elements of the module

In the second part of the lecture, the competences acquired in the first part (definitions, methods, models, etc.) are significantly incorporated, so that the acquisition of these competences is tested in the midterm.

Module structure: 1 bPr 1

Courses

Macroeconomics
Type lecture
Regular cycle SoSe
Workload5 150 h (120 + 30)
LP 5 [Pr]
Tutorial
Type tutorial
Regular cycle SoSe
Workload5 60 h (60 + 0)
LP 2

Examinations

written examination o. oral examination o. portfolio
Allocated examiner Teaching staff of the course Macroeconomics (lecture)
Weighting 1
Workload -
LP2 -

The module examination consists of a portfolio of midterm (seventh / eighth week of classes, in case of blocked course: contents of the first half of the course) and Final (each 90-minute exam, or 20-minute oral exam), such that the grade for the module is awarded by the teacher of the course, a 90 to 180-minute exam or a 15 to 25-minute oral exam.

If a "Portfolio" is offered for retake, it consists of two elements. The first element covers the contents of the first seven/eight weeks of classes/contents or the first half of the course and the other element covers contents from the eighth/ninth week of classes/contents or the second half of the course (each 90-minute exam, or 20-minute oral exam), such that the grade for the module is awarded by the teacher of the course.

The module is used in these degree programmes:

Degree programme Profile Recom­mended start 3 Duration Manda­tory option 4
Mathematical Economics / Master of Science [FsB vom 28.02.2025] Mathematics 1. o. 2. one semester Compul­sory optional subject
Mathematical Economics / Master of Science [FsB vom 28.02.2025] Economics 1. o. 2. one semester Compul­sory optional subject
Mathematical Economics / Master of Science [FsB vom 28.02.2025] Finance 2. one semester Compul­sory optional subject
Quantitative Economics / Master of Science [FsB vom 15.02.2013 mit Änderungen vom 01.07.2015 und 31.03.2023] 2. one semester Obli­gation
Quantitative Economics / Master of Science [FsB vom 15.02.2013 mit Änderungen vom 01.07.2015 und 31.03.2023] International Track 2. one semester Obli­gation
Mathematical Economics / Master of Science [FsB vom 16.09.2019 mit Änderungen vom 15.11.2022, 01.03.2024 und 10.12.2024] Mathematics 1. o. 2. one semester Compul­sory optional subject
Mathematical Economics / Master of Science [FsB vom 16.09.2019 mit Änderungen vom 15.11.2022, 01.03.2024 und 10.12.2024] Economics 1. o. 2. one semester Compul­sory optional subject
Mathematical Economics / Master of Science [FsB vom 16.09.2019 mit Änderungen vom 15.11.2022, 01.03.2024 und 10.12.2024] Finance 2. one semester Compul­sory optional subject
Mathematical Economics / Master of Science [FsB vom 15.02.2013 mit Berichtigungen vom 04.11.2013,15.01.2015 und 15.10.2019 und Änderungen vom 15.01.2014, 15.12.2014, 01.04.2016, 15.05.2017, 01.03.2019 und 16.09.2019] Finance 2. one semester Compul­sory optional subject
Mathematical Economics / Master of Science [FsB vom 15.02.2013 mit Berichtigungen vom 04.11.2013,15.01.2015 und 15.10.2019 und Änderungen vom 15.01.2014, 15.12.2014, 01.04.2016, 15.05.2017, 01.03.2019 und 16.09.2019] Mathematics 1. o. 2. one semester Compul­sory optional subject
Mathematical Economics / Master of Science [FsB vom 15.02.2013 mit Berichtigungen vom 04.11.2013,15.01.2015 und 15.10.2019 und Änderungen vom 15.01.2014, 15.12.2014, 01.04.2016, 15.05.2017, 01.03.2019 und 16.09.2019] Economics 1. o. 2. one semester Compul­sory optional subject

Automatic check for completeness

The system can perform an automatic check for completeness for this module.

Legend

1
The module structure displays the required number of study requirements and examinations.
2
LP is the short form for credit points.
3
The figures in this column are the specialist semesters in which it is recommended to start the module. Depending on the individual study schedule, entirely different courses of study are possible and advisable.
4
Explanations on mandatory option: "Obligation" means: This module is mandatory for the course of the studies; "Optional obligation" means: This module belongs to a number of modules available for selection under certain circumstances. This is more precisely regulated by the "Subject-related regulations" (see navigation).
5
Workload (contact time + self-study)
SoSe
Summer semester
WiSe
Winter semester
SL
Study requirement
Pr
Examination
bPr
Number of examinations with grades
uPr
Number of examinations without grades
This academic achievement can be reported and recognised.

Sidebar

Elements of the module

Courses

Examinations

Programme of lectures (eKVV)

Programme of lectures (eKVV)

Show lists of modules

Mathematical Economics / Master of Science // Mathematics

Mathematical Economics / Master of Science // Economics

Mathematical Economics / Master of Science // Finance

Quantitative Economics / Master of Science

Quantitative Economics / Master of Science // International Track

Mathematical Economics / Master of Science // Mathematics [FsB vom 16.09.2019 mit Änderungen vom 15.11.2022, 01.03.2024 und 10.12.2024]

Mathematical Economics / Master of Science // Economics [FsB vom 16.09.2019 mit Änderungen vom 15.11.2022, 01.03.2024 und 10.12.2024]

Mathematical Economics / Master of Science // Finance [FsB vom 16.09.2019 mit Änderungen vom 15.11.2022, 01.03.2024 und 10.12.2024]

Mathematical Economics / Master of Science // Finance [FsB vom 15.02.2013 mit Berichtigungen vom 04.11.2013,15.01.2015 und 15.10.2019 und Änderungen vom 15.01.2014, 15.12.2014, 01.04.2016, 15.05.2017, 01.03.2019 und 16.09.2019]

Mathematical Economics / Master of Science // Mathematics [FsB vom 15.02.2013 mit Berichtigungen vom 04.11.2013,15.01.2015 und 15.10.2019 und Änderungen vom 15.01.2014, 15.12.2014, 01.04.2016, 15.05.2017, 01.03.2019 und 16.09.2019]

Mathematical Economics / Master of Science // Economics [FsB vom 15.02.2013 mit Berichtigungen vom 04.11.2013,15.01.2015 und 15.10.2019 und Änderungen vom 15.01.2014, 15.12.2014, 01.04.2016, 15.05.2017, 01.03.2019 und 16.09.2019]