Instructors: Prof. Dr. rer. pol. Ingo Barens
Event type:
Lecture
Org-unit: Dept. 01 - Law and Economics
Displayed in timetable as:
vl_Einf. VWL
Subject:
Crediting for:
Hours per week:
2
Language of instruction:
German
Min. | Max. participants:
- | -
Literature:
Bofinger, P. (2006): Grundzüge der Volkswirtschaftslehre (2. Aufl.). München.
Rürup, B. (2004): Wirtschaftslexikon (3. Aufl.). Frankfurt/M.
Samuelson, P.A. (2005): Volkswirtschaftslehre. Köln.
Siebert, H. & Lorz, O. (2006): Einführung in die Volkswirtschaftslehre (15. Aufl.). Stuttgart.
Blanchard, O. & Illing, G. (2006): Makroökonomie (4. Aufl.). München.
Preconditions:
None
Further Grading Information:
Basic understanding of the general contexts of the political economy; Theory-led evaluation of central economic policys and poltics; Financial policy questions
Official Course Description:
- Fundamental concepts of the political economy (political economy as science; income distribution, need, demand; Goods, factors of production)
- Market mechanism (market price formation: conditions and borders; types of market failure)
- Economic circulation (regulation factors of the national income, concepts of the stabilization and growth politics, operationalisation of the stabilization goals)
- Money policy (money functions and kinds of money; money effects, inflation and deflation; the institutional organization of the money policy, Money instruments of the European central bank)
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