Modul

The assessment is carried out as partial written exams (see the lectures descriptions).

The overall grade for the module is the average of the grades for each course weighted by the credits.

The student

• gains deepened knowledge of micro-based general equilibrium models
• understands how based on individual optimizing decisions aggregate phenomena like economic growth or agglomeration (cities / metropolises) result
• is able to understand and evaluate the contribution of these phenomena to the development of economic trends
• can derive policy recommendations based on theory

None

The module includes the contents of the lectures Endogenous Growth Theory, Spatial Economics and Dynamic Macroeconomics. While the first lecture focuses on dynamic programming in modern macroeconomics, the other two lectures are more formal and analytical.

The common underlying principle of all three lectures in this module is that, based on different theoretical models, economic policy recommendations are derived.

Attendance of the course Introduction Economic Policy [2560280] is recommended.

Successful completion of the coursesEconomics I: MicroeconomicsandEconomics II: Macroeconomicsis required.

The total workload for this module is approximately 270 hours. For further information see German version.