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MA0607 MACROECONOMIC THEORY
The course is divided in two parts: Macroeconomic
Theory I (autumn term) and Macroeconomic Theory II (spring term). In
total the course includes 48 hours of lectures and 24 hours of exercises
(app. 5 credits/7 ECTS credit points).
The course can be passed by:
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taking two midterm exams (points of the midterm
exams are added together): the first midterm exam is arranged in the autumn
term and the second midterm exam is arranged in the spring term AND/OR
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taking a retake exam in the spring term (part I
and II must be examined together) AND
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getting 40 % of the combined maximum points of the two
midterm exams (at the minimum) AND
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solving a sufficient number of problems correctly
(separately for part I and part II): in practise this means that the exams
(both the midterm exams and the retake exam) can only be taken by those who
have solved at least one third of the problems "showing good effort"
so that the principles of solution are correct - mistakes in mechanical
calculations are allowed, however.
Please note that the students' home departments are
responsible for registering the grades according to their own requirements.
FDPE gives the students, on request, a certificate of the courses passed within
the programme.
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Instructors:
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Teaching assistants:
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Topics covered in the course include:
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intertemporal macroeconomic theory
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overlapping generations model
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dynamic programming
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economic growth
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real business cycle theory
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open economy macroeconomics
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credibility of economic policies
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models of labour unions
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