ECN400 Macroeconomic Theory and Policy
- Economic growth
- Consumption and savings
- Government spending and fiscal policy
- Economic Fluctuations and Stabilization Policy
- Aggregate demand
- Inflation, unemployment and aggregate supply
- Stabilization policy, monetary policy
Topics in macroeconomic
- Open economy
- Financial crises
- Labour Markets
After completing this course, students will have
- an in-depth, up-to-date knowledge of relevant theories and empirics on major topics in modern macroeconomic theory and policy;
- an understanding and ability to analyse macroeconomic questions with the help of modern macroeconomic models;
- learned how to collect and analyze macroeconomic data to evaluate predictions by theoretical models and understand the policy implications.
- the ability to communicate key theoretical and empirical insights based on macroeconomic models and available macroeconomic data.
The course consists of plenary lectures, guest lectures, students submit group assignments.
Macroeconomics at the bachelor level, for example the textbook by Jones "Macroeconomics" .
Requirements for course approval
Two assignments must be passed (approved) in order to take the exam.
4 hours written school exam.
Computers and statistical software are used to address empirical questions in some of the assignments.
- P. B. Sørensen and H. J. Whitta-Jacobsen (2010): Introducing Advanced Macroeconomics. 2nd edition. McGraw Hill.
- D. Backus et al. (2016): The Global Economy, NYU Stern.
- Parts of textbooks, articles and research reports.
- ECTS Credits
- Teaching language
Autumn. Offered autumn 2019.
Professor Gernot Doppelhofer, Department of Economics
Lecturers: Gernot Doppelhofer, Krisztina Molnar, Department of Economics