CHAIR OF ECONOMICS

APPLIED ECONOMICS

The lectures on 25.11.2024 and 02.12.2024 will be postponed once to Tuesday, 26.11.2024 and 03.12.2024 in the identical room and at the identical time.

General information about this course can be found at the module description and at the LSF (lecture, tutorial), lecture notes and exercises (uploaded sequentially) at E-Learning.

Contents:

• Stylized facts on aggregate fluctuations
• Goods market and effective demand
• Financial market and the role of money
• IS-LM model (as a tool of analyzing fiscal and monetary policy)
• Labor market
• AS-AD model
• Phillips curve
• Money and inflation
• Stylized facts of growth
• Saving, capital accumulation, technological progress and growth

References:

Blanchard, O.; Johnson, D. R. (2013): Macroeconomics. 6th edition, Pearson.