After active participation in the module, students are able to recognize, explain and apply basic and especially advanced questions, concepts and methods of modern macroeconomic theory. Building on this, students will also be able to create macroeconomic models themselves, critically questioning their own and others' ideas.

Content: Growth theory and empiricism; Business cycle theory and empiricism; Macroeconomic analysis of unemployment; Fiscal and monetary policy debates; Macroeconomics of open economies

Semester: SoSe 2021