Modul

The assessment is carried out as partial written exams (according to Section 4(2), 1 of the examination regulation) of the single courses of this module, whose sum of credits must add up to at least 9.

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

The student

• applies quantitative methods in the context of economic models
• learns advanced micro- and macroeconomic theories
• is able to derive policy recommendations based on theory
• can identify the importance of alternative incentive mechanisms for the development and spread of innovations
• begins to understand the connections between market form and the development of innovations
• analyzes the determinants of the spatial distribution of economic activity
• understands how processes of concentration result from the interplay of agglomeration and dispersion forces

Successful completion of the courses Economics I: Microeconomics and Economics II: Macroeconomics is required.

The module comprises theories of incentives for the development of innovations as well as theories of wage-based labor mobility, which leads to spatial concentration processes. The microfounded optimality decisions of the actors are in each case transformed into macroeconomic results. In the context of the theory of innovations the diffusion of technological knowledge and the resulting effect on growth due to technological progress is discussed and economic-policy implications are derived. Spatial economics adds to the picture of economic activity by introducing a spatial point of view.

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