Angewandte VWL: Growth, Development and Sustainability

Dozent/in:

Sebastian Gechert

Angaben:

Vorlesung, 2 SWS

Termine:

Einzeltermin am 21.10.2019, Einzeltermin am 4.11.2019, Einzeltermin am 18.11.2019, Einzeltermin am 2.12.2019, Einzeltermin am 16.12.2019, Einzeltermin am 13.1.2020, Einzeltermin am 27.1.2020, 14:00 - 18:00, F21/03.79

Inhalt:

The course is intended to give students an introduction into theories and stylized facts of long-term economic growth and sustainability. Models of various schools of economic thought will be discussed and compared to each other. The relation of growth, environmental issues and inequality will be explored. After successful completion of the course, students should be able to approach the related academic literature as well as current policy debates. Knowledge of basic concepts of macroeconomics and microeconomics is required. Students should have completed the respective introductory courses.

Angewandte VWL: Übung zu Growth, Development and Sustainability

Dozent/in:

Juan Carlos Peña

Angaben:

Vorlesung, 2 SWS

Termine:

Mi, 12:00 - 14:00, FMA/01.19
Einzeltermin am 21.11.2019, 12:00 - 14:00, FMA/01.19
Einzeltermin am 22.1.2020, 12:00 - 14:00, RZ/00.06

Inhalt:

The course is intended to give students an introduction into theories and stylized facts of long-term economic growth and sustainability. Models of various schools of economic thought will be discussed and compared to each other. The relation of growth, environmental issues and inequality will be explored. After successful completion of the course, students should be able to approach the related academic literature as well as current policy debates. Knowledge of basic concepts of macroeconomics and microeconomics is required. Students should have completed the respective introductory courses.

Angewandte Wirtschaftsforschung 2: Disequilibrium and Behavioral Macroeconomics

Dozent/in:

Andrea Gurgone

Angaben:

Vorlesung, 4 SWS, ECTS: 6

Termine:

Di, 12:00 - 14:00, F21/03.01
Erster Termin: 22.10.2019

Inhalt:

This course focuses on various deviations from the neoclassical modeling paradigm consisting of general equilibrium, intertemporal utility maximization and rational expectations. Among many other issues, some questions which are addressed in this course are: Is macroeconomic activity an equilibrium or a disequilibrium phenomenon? What role do expectations play in macroeconomic stability? Are there macroeconomic processes which are inherently unstable and if so, what can macroeconomic policy do about it?

Angewandte Wirtschaftsforschung 2: Übung zu Disequilibrium and Behavioral Macroeconomics

Dozent/in:

Benjamin Lojak

Angaben:

Übung, 2 SWS

Termine:

Do, 12:00 - 14:00, F21/02.41

Inhalt:

This course focuses on various deviations from the neoclassical modeling paradigm consisting of general equilibrium, intertemporal utility maximization and rational expectations. Among many other issues, some questions which are addressed in this course are: Is macroeconomic activity an equilibrium or a disequilibrium phenomenon? What role do expectations play in macroeconomic stability? Are there macroeconomic processes which are inherently unstable and if so, what can macroeconomic policy do about it?

Diplomandenseminar

Dozent/in:

Christian Proaño

Angaben:

Seminar, 2 SWS

Termine:

Zeit und Ort nach Vereinbarung Ort und Zeit nach Vereinbarung

Übung A zu Advanced Macroeconomics

Dozent/in:

Benjamin Lojak

Angaben:

Übung, 2 SWS

Termine:

Mi, 10:00 - 12:00, F21/02.41

Inhalt:

Macroeconomic analysis is primarily concerned with two issues: (i) developing positive models in order to understand the dynamics of key macroeconomic variables such as output, employment, unemployment, inflation, interest rates, etc.; and (ii) deriving normative prescriptions for macroeconomic policymaking, in particular regarding the proper setting of fiscal and monetary policies. The course begins with a discussion of empirical facts regarding business cycles and growth to be explained by macroeconomic models and then provides an example of the role of economic policy as a macroeconomic stabilization mechanism based on a traditional reduced-form model of the macro-economy. The second part of the course deals in more detail with several building blocks for macroeconomic models based on intertemporal optimization along the neoclassical tradition. The third part of the course focuses in contrast on the caveats of this theoretical framework, as well as on the alternative modeling approaches.

Übung B zu Advanced Macroeconomics

Dozent/in:

Benjamin Lojak

Angaben:

Übung, 2 SWS

Termine:

Mi, 16:00 - 18:00, F21/02.41

Inhalt:

Macroeconomic analysis is primarily concerned with two issues: (i) developing positive models in order to understand the dynamics of key macroeconomic variables such as output, employment, unemployment, inflation, interest rates, etc.; and (ii) deriving normative prescriptions for macroeconomic policymaking, in particular regarding the proper setting of fiscal and monetary policies. The course begins with a discussion of empirical facts regarding business cycles and growth to be explained by macroeconomic models and then provides an example of the role of economic policy as a macroeconomic stabilization mechanism based on a traditional reduced-form model of the macro-economy. The second part of the course deals in more detail with several building blocks for macroeconomic models based on intertemporal optimization along the neoclassical tradition. The third part of the course focuses in contrast on the caveats of this theoretical framework, as well as on the alternative modeling approaches.

V/S: Advanced Macroeconomics

Dozent/in:

Christian Proaño

Angaben:

Vorlesung, 2 SWS, ECTS: 6

Termine:

Mo, 12:00 - 14:00, F21/02.18
Erster Termin: 21.10.2019

Inhalt:

Macroeconomic analysis is primarily concerned with two issues: (i) developing positive models in order to understand the dynamics of key macroeconomic variables such as output, employment, unemployment, inflation, interest rates, etc.; and (ii) deriving normative prescriptions for macroeconomic policymaking, in particular regarding the proper setting of fiscal and monetary policies. The course begins with a discussion of empirical facts regarding business cycles and growth to be explained by macroeconomic models and then provides an example of the role of economic policy as a macroeconomic stabilization mechanism based on a traditional reduced-form model of the macro-economy. The second part of the course deals in more detail with several building blocks for macroeconomic models based on intertemporal optimization along the neoclassical tradition. The third part of the course focuses in contrast on the caveats of this theoretical framework, as well as on the alternative modeling approaches.

V/S: Angewandte Wirtschaftsforschung 1: Macroeconometric Analysis

Dozent/in:

Christian Proaño

Angaben:

Vorlesung, 2 SWS, ECTS: 6

Termine:

Mi, 14:00 - 16:00, FMA/01.20
Erster Termin: 23.10.2019

Inhalt:

This course focuses on advanced methods for macroeconometric analysis. After a brief review of univariate covariance-stationary processes and the ARMA model class, alternative time series decomposition methods such as the Hodrick-Prescott Filter as well as frequency-based filtering methods such as the Baxter-King Filter are discussed. Still in the covariance-stationary domain, the VAR model class for the analysis of multivariate covariance-stationary processes is discussed in detail. As next, non-stationary time series processes are introduced, as well as the main unit root tests. On this basis, the concept of cointegration, as well as the corresponding VECM model class is introduced and discussed in detail. Time permitting, other advanced frameworks for the modeling of different types of nonlinear behavior will be discussed.

V/S: Angewandte Wirtschaftsforschung 1: Übung zu Macroeconometric Analysis

Dozent/in:

Juan Carlos Peña

Angaben:

Übung, 2 SWS

Termine:

Di, 10:00 - 12:00, RZ/00.05
Einzeltermin am 6.11.2019, 14:00 - 16:00, RZ/00.05

Inhalt:

This course focuses on advanced methods for macroeconometric analysis. After a brief review of univariate covariance-stationary processes and the ARMA model class, alternative time series decomposition methods such as the Hodrick-Prescott Filter as well as frequency-based filtering methods such as the Baxter-King Filter are discussed. Still in the covariance-stationary domain, the VAR model class for the analysis of multivariate covariance-stationary processes is discussed in detail. As next, non-stationary time series processes are introduced, as well as the main unit root tests. On this basis, the concept of cointegration, as well as the corresponding VECM model class is introduced and discussed in detail. Time permitting, other advanced frameworks for the modeling of different types of nonlinear behavior will be discussed.