SUBJECT
Title
Macroeconomics and the theory of economic equilibrium
Type of instruction
lecture
Level
master
Faculty
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.