Syllabus

Title
1447 Advanced Macroeconomics
Instructors
Univ.Prof. Dr. Klaus Prettner
Contact details
  • Type
    PI
  • Weekly hours
    2
  • Language of instruction
    Englisch
Registration
09/14/21 to 09/21/21
Registration via LPIS
Notes to the course
Subject(s) Bachelor Programs
Dates
Day Date Time Room
Wednesday 10/06/21 08:00 AM - 10:00 AM TC.5.05
Wednesday 10/13/21 08:00 AM - 10:00 AM TC.5.05
Wednesday 10/20/21 08:00 AM - 10:00 AM TC.5.05
Wednesday 10/27/21 08:00 AM - 10:00 AM TC.5.05
Wednesday 11/03/21 08:00 AM - 10:00 AM TC.5.05
Wednesday 11/10/21 08:00 AM - 10:00 AM TC.5.03
Wednesday 11/17/21 08:00 AM - 10:00 AM TC.5.05
Wednesday 11/24/21 08:00 AM - 10:00 AM Online-Einheit
Wednesday 12/01/21 08:00 AM - 10:00 AM Online-Einheit
Wednesday 12/15/21 08:00 AM - 10:00 AM Online-Einheit
Wednesday 12/22/21 08:00 AM - 10:00 AM Online-Einheit
Wednesday 01/12/22 08:00 AM - 10:00 AM TC.5.05
Wednesday 01/19/22 08:00 AM - 10:00 AM TC.5.05
Wednesday 01/26/22 08:00 AM - 10:00 AM TC.5.05

Contents

Introduction to central approaches to growth theory (neoclassical -Solow; endogenous growth theory - Romer)

Learning outcomes

After taking the course students will be able to understand the Basics of theoretical approaches to economic growth (neoclassical growth theory and endogenous growth theory) and apply them in context.

 

Attendance requirements

Attendance is compulsory if teaching takes place on campus. In case of the asynchronous distance lecture, lecturecasts are provided and attendance in the meetings is not compulsory.

Teaching/learning method(s)

The course is composed of two parts.

The first part is a set of lectures complemented by three group assignments (homework). In the group assignments, students revise the basics in economics, solve sample exam questions, and collect data for a country study. This part ends with a written exam.

In the second part (approximately 3 units) students prepare and present a term paper (group work).

Assessment

Exam: max 60 points

Group assignments: max 18 points

Term paper (presentation + written paper):  max 22 points

a positive grade requires: 

  • in total more than 50 points
  • more than 24 points on the written exam 
  • more than 8 points on the group assignments 
  • more than 8 points on term paper 

Prerequisites for participation and waiting lists

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.

Readings

1 Author: Jones
Title:

Introduction to Economic growth

Introduction to Economic Growth (Second Edition)


Edition: 2nd or 3rd edition (1st is also fine)
Content relevant for class examination: Yes
Content relevant for diploma examination: No
Recommendation: Strongly recommended (but no absolute necessity for purchase)
Type: Book
2 Author: Prettner and Bloom
Title:

Automation and Its Macroeconomic Consequences. Theory, Evidence, and Social Impacts


Publisher: Academic Press
Edition: 1
Year: 2020
Content relevant for class examination: No
Content relevant for diploma examination: No
Recommendation: Reference literature
Type: Book
3 Author: Weil
Title:

Economic Growth

 


Content relevant for class examination: No
Content relevant for diploma examination: No
Recommendation: Reference literature
Type: Book
4 Author: Blanchard
Title: Macroeconomics

Content relevant for class examination: No
Content relevant for diploma examination: No
Recommendation: Reference literature
Type: Book
5 Author: Barro and Sala-i-Martin
Title: Economic growth

Content relevant for class examination: No
Content relevant for diploma examination: No
Recommendation: Reference literature
Type: Book

Recommended previous knowledge and skills

Solid background in theoretical concepts of "Grundlagen VW", applied microeconomics and international macroeconomics.

Availability of lecturer(s)

after the regular course meetings

or by appointment (please send me an E-Mail: klaus.prettner@wu.ac.at)

Last edited: 2021-04-29



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