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Instructors: Prof. Dr. rer. pol. Volker Caspari
Event type:
Lecture
Org-unit: Dept. 01 - Law and Economics
Displayed in timetable as:
vl_Makro. I
Subject:
Crediting for:
Hours per week:
2
Language of instruction:
German and English
Min. | Max. participants:
- | -
Course Contents:
- goods and money markets in the short run
- labor market
- wage-price spiral
- Phillips relation
- goods market in the long run
- determinants of growth
Literature:
Blanchard, O., Illing, G.: Makroökonomie
Preconditions:
Volkswirtschaftslehre I
Further Grading Information:
After the courses the students are able to
- understand the interaction of goods and money markets.
- assess the effect of fiscal and monetary policy instruments.
- explain the operation of the labor market and the wage determination.
- identify the sources of economic growth.
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