Macroeconomic Theory I.

Academic Program: 
Course Term: 
1st year
Term: 
Fall
Credits: 
5.0
ECTS credits: 
10.0
Status: 
Core
Course Description: 

This course gives a graduate level introduction to fundamental issues in particular areas in modern
macroeconomics, including long‐term growth, consumption, savings and asset pricing, investment in physical
capital and inventories, and (if time permits) labor markets. The material also provides the foundation for more
advanced issues in macroeconomics. The interplay between economic theory and data analysis is emphasized
throughout.

Learning Outcomes: 

9. The learning outcomes of the course
Students are able to construct and critique some important macroeconomic models and modeling techniques. This
helps them to understand and evaluate a broad spectrum of problems in the recent macroeconomics literature.

Assessment: 

The course grade (G) is determined by the final exam (F), the midterm exam (M), the homework assignments (H)
and class participation (C) by the following formula, G = max{0.5F+0.25M+0.2H+0.05C, 0.6F+0.15M+0.2H+0.05C}. The
final exam is comprehensive, covering all material in class meetings and required readings. Class attendance is
mandatory.
If students experience any problem with the class, they are strongly encouraged to talk to the lecturer as early as
possible, in order to address them before it becomes too late.

Prerequisites: 

This is a compulsory, core class for first‐year MA in Economics students.

File Attachments: