Dynamic Macroeconomics (Macro II)

First lecture

Tuesday, 9th April, 2024
08:15 - 09:45
room F424

Summer Term 2024

Lecture + tutorial | Bachelor | 2 hrs | 6 cr | O. Pietri | engl. | ZEuS | ILIAS |

Organization

Lecture: Tuesday, 8:15 - 9:45, F424, starting on April 09, 2024
Tutorial: Tuesday, 15:15 - 16:45, F428

On ILIAS, we provide the following E-learning material:

  • Lecture notes
  • Problem sets

Course Material and Registration

You cannot self-enrol in the ILIAS course. To get access to the course material in ILIAS, please register for the course (lecture) in ZEuS. 
The ILIAS course will be online in time for the first lecture.

In case of problems, please contact office.scholl@uni-konstanz.de.

About this Course

Why are some countries rich and other countries poor? What determines economic growth? What explains business cycles? How do households react to tax cuts? What are the macroeconomic effects of fiscal stimulus packages? How does monetary policy affect real economic activity?

In this course, we address macroeconomic questions like these by developing and analyzing microfounded, dynamic general equilibrium models, which have become standard in modern macroeconomics. In addition, empirical evidence and case studies are discussed to evaluate the macroeconomic theories.

The course provides an insight into modern macroeconomic research and lays the foundations to more advanced courses on the Master level.
 

Outline

  1. Introduction
  2. A Dynamic Consumption-Saving Model
  3. The Neoclassical Growth Model
  4. Real Business Cycles
  5. Fiscal Policy in General Equilibrium
  6. Monetary Policy and New Keynesian Macroeconomics

Prerequisites

Students should have a solid background in macroeconomics, microeconomics, and math (constrained optimization).

Assessment

Students are required to pass a final examination.