Syllabus

Title
5016 International Macroeconomics
Instructors
Nikolaos Antonakakis, Ph.D.
Contact details
nikolaos.antonakakis@wu.ac.at
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
02/11/14 to 02/24/14
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
International Macroeconomics
International Macroeconomics
Dates
Day Date Time Room
Monday 03/10/14 03:00 PM - 05:00 PM D4.0.022
Monday 03/17/14 03:00 PM - 05:00 PM D4.0.022
Monday 03/24/14 03:00 PM - 05:00 PM D4.0.022
Monday 03/31/14 03:00 PM - 05:00 PM D4.0.022
Monday 04/07/14 03:00 PM - 05:00 PM D4.0.022
Monday 05/05/14 03:00 PM - 05:00 PM D4.0.022
Monday 05/12/14 03:00 PM - 05:00 PM D4.0.022
Monday 05/19/14 03:00 PM - 05:00 PM D4.0.022
Monday 05/26/14 03:00 PM - 05:00 PM D4.0.022
Monday 06/02/14 03:00 PM - 05:00 PM D4.0.022
Monday 06/16/14 03:00 PM - 05:00 PM D4.0.022
Monday 06/23/14 03:00 PM - 05:00 PM D4.0.022

On this page:

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Contents

Course description: We analyze the financial and goods markets in a closed economy through the IS-LM model to understand the effect of policy changes on output and the interest rate. We then study the labor market and the AS-AD model before turning to a parallel by expanded analysis in the open economy. Finally, we study exchange rate regimes in the open economy model of the class.

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Learning outcomes

The aim of this course is to provide students with the knowledge required to understand the macroeconomic functioning of the world economy, giving them useful instruments to achieve a personal and critical idea about the operation of international markets and the use of economic policy for their regulation. After successful completion of the course, students will be able to analyse real world macroeconomic issues and suggest the policies to respond to them.

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Teaching/learning method(s)
Teaching and learning methods: The course will be composed by traditional lectures, class discussions and activities, individual work and practice problems.
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Assessment
Assessment: midterm exam, mini quizzes, control questions, and final exam.
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Readings
1 Author: Blanchard, Olivier
Title: Macroeconomics

Publisher: Pearson education
Edition: 5th edition
Remarks: Chapters 1-7 and 18-21
Year: 2008
Content relevant for class examination: Yes
Recommendation: Essential reading for all students
Type: Book
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Recommended previous knowledge and skills

Prerequisite: Olivier Blanchard (2008): "Macroeconomics", 5th edition chapters 1 to 5

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Availability of lecturer(s)

nikolaos.antonakakis@wu.ac.at

Last edited: 2013-12-17



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