Macroeconomics A


  • 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 learningContact hoursIndependent study time
Lecture4 SWS12 SWS
Exercise class2 SWS5 SWS
ECTS credits8
Graded yes
LanguageGerman, English
Form of assessmentWritten exam (120 min.)
Restricted admissionno
Further informationregistration via student portal
Performing lecturer
Prof. Tom Krebs, Ph.D.
Prof. Tom Krebs, Ph.D.
Frequency of offeringSpring semester
Duration of module 1 semester
Range of applicationB.Sc. Bus. Adm., other Bachelor programs (depending on respective study regulations) [9]
Preliminary course work
Program-specific Competency GoalsCG 1, CG 2