Syllabus

Title
5222 International Macroeconomics
Instructors
Dr. Clara De Luigi, M.Sc.
Contact details
clara.de.luigi@wu.ac.at
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
02/10/15 to 02/17/15
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
International Macroeconomics
International Macroeconomics
Dates
Day Date Time Room
Friday 03/13/15 02:30 PM - 04:30 PM TC.5.13
Friday 03/20/15 02:30 PM - 04:30 PM TC.5.13
Friday 03/27/15 02:30 PM - 04:30 PM TC.5.13
Friday 04/17/15 02:30 PM - 04:30 PM TC.5.13
Friday 04/24/15 02:30 PM - 04:30 PM TC.5.13
Friday 05/08/15 02:30 PM - 04:30 PM TC.5.13
Friday 05/15/15 02:30 PM - 04:30 PM TC.5.13
Friday 05/22/15 02:30 PM - 04:30 PM TC.5.13
Friday 05/29/15 02:30 PM - 04:30 PM TC.5.13
Friday 06/05/15 02:30 PM - 04:30 PM TC.5.13
Friday 06/12/15 02:30 PM - 04:30 PM TC.5.13
Friday 06/19/15 02:30 PM - 04:30 PM TC.5.13
Friday 06/26/15 02:30 PM - 04:30 PM TC.5.13

On this page:

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Contents

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 interest rate. We then study the labor market and the AS-AD model before turning to the analysis in the open economy. Finally, we study exchange rate regimes.

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Learning outcomes
Goal: 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, students will be able to analyze real world macroeconomic issues and the economic 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: a midterm exam, two mini quizzes, eight control questions, and one final exam on Wed, 01.07.2015, 15:30 - 19:30 . 
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Prerequisites for participation and waiting lists
Prerequisite: Blanchard/Johnson(2012):"Macroeconomics", 6th Edition. chapters 1 to 5
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Readings
1 Author: Blanchard, Olivier; Johnson, David W.
Title: Macroeconomics

Publisher: Prentice Hall
Edition: 6th edition
Remarks: Chapters 3-7 and 18-21
Year: 2012
Content relevant for class examination: Yes
Recommendation: Essential reading for all students
Type: Book
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Availability of lecturer(s)
On appointment
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Unit details
Unit Date Contents
1 13.03.2015 Introduction: Goods and Financial Markets
2 20.03.2015 The IS-LM Model
3 27.03.2015 The Labour Market
4 17.04.2015 The AS-AD Model
5 24.04.2015 Mini Quiz
6 08.05.2015 The Open Economy
7 15.05.2015 Mid-Term Exam
8 22.05.2015 Goods Market in the Open Economy
9 29.05.2015 The Mundell-Fleming Model
10 05.06.2015 AS-AD Model in the Open Economy and Exchange Rate Regimes & Mini Quiz
11 12.06.2015 No Class
12 19.06.2015 Evaluation of the Course and Control Questions
13 26.06.2015 Mini Quiz
14 01.07.2015
Final Exam (room to be defined)
Last edited: 2015-06-16



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