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.

Assessment: a midterm exam (20 points), two mini quizzes (10 points each), class participation (extra points), and one final exam (60 points). 

The final exam will take place on Wednesday, July 5th, 2017 16:30 - 20:30.

Due registration +  attendance of the first lecture

If you registered for a course in "International Macroeconomics", but aren't able to participate any more, please cancel your registration electronically during the registration period, using the LPIS System. To reserve your place, you have to attend the first lecture and sign the list of participants.

After the registration period, students from the waiting list, who don't yet have a valid registration, will be assigned to available places in the specific courses. This allotment is not based on a first-come first-served principle. Rather, progress in the studies will be the decisive criterion.

We recommend to obtain the necessary book before the lecture starts: Blanchard/Johnson: "Macroeconomics", 6th Edition (2013)