SUBJECT

Title

Macroeconomics and the theory of economic equilibrium

Type of instruction

lecture

Level

master

Part of degree program
Credits

3

Recommended in

Semesters 1-4

Typically offered in

Autumn/Spring semester

Course description

GDP growth factors. Relation between fiscal and monetary policies. Inflation, taxes and interes rates. Consumption versus savings. Money markets and stock markets. Employment and labor market. Exports and imports. Analysis of macroeconomic models.

Readings
  • Paul A. Samuelson-William D. Nordhaus, Economics, Irwin Professiona Publishers, 2004.

Further reading:

  • McCuerty S.: Macroeconomic Theory, Harper & Row Publ. 1990.
  • Sargent Th. J.: Macroeconomic Theory, Academic Press, 1987.
  • Whiteman Ch. H.: Problems in Macroeconomic Theory, Academic Press, 1987.