Macroeconomics A
Contents
- Economic Growth: saving, interest rates and capital accumulation; technological progress; human capital; money, inflation and economic growth.
- The Labor Market: unemployment; wages and salaries; technological progress and wage inequality.
- The Open Economy: exports and imports; capital flows; exchange rates; globalization and economic growth; globalization and the labor market.
- Economic Policy: fiscal policy and tax reform; labor market reform; social security reform; health reform.
Learning outcomes
Successful students will know the basic principles of macro-economic thinking. They will be able to apply them in order to analyze the effect of differing economic-political measures as well as to evaluate what kind of measures would be socially desirable. They will use their knowledge on macro-economic theory and empiricism for the purpose of commenting on contemporary macro-economic issues in a professionally substantiated manner. Furthermore, they will be able to formulate suggestions for improvement concerning the overall economic situation and discuss them with representatives of the discipline.
Necessary prerequisites
semester 4 or higher
Recommended prerequisites
Basics of Economics
| Forms of teaching and learning | Contact hours | Independent study time |
|---|---|---|
| Lecture | 4 SWS | 12 SWS |
| Exercise class | 2 SWS | 5 SWS |
| ECTS credits | 8 |
| Graded | yes |
| Workload | 240h |
| Language | German, English |
| Form of assessment | Written exam (120 min) |
| Restricted admission | no |
| Further information | registration via student portal |
Examiner Performing lecturer |  | Prof. Tom Krebs, Ph.D. Prof. Tom Krebs, Ph.D. |
| Frequency of offering | Spring semester |
| Duration of module | 1 semester |
| Range of application | B.Sc. Bus. Adm., other Bachelor programs (depending on respective study regulations) [9] |
| Preliminary course work | – |
| Program-specific Competency Goals | CG 1, CG 2 |