Course: Advanced Topics in Macroeconomics (PhD Course) (5211-812)

Persons:

• Prof. Dr. Thomas Beißinger (verantwortlich)

Type of Course:

lecture with exercise

In-Class Hours Per Week:

3

Contents:

This course covers selected topics in macroeconomic theory with a special focus on the role of labor market dynamics in explaining the business cycle and economic growth. The most important modelling framework used in this course is the search and matching model that is also applied in other fields in economics such as trade theory and labor economics. By analyzing stochastic general equilibrium models and discussing empirical applications, the course helps PhD students to acquire formal modelling skills that can be usefully applied in many areas in economics.

Literature:

Pissarides, C. A. (2000), Equilibrium Unemployment Theory, Second Edition, MIT Press.

Selected theoretical and empirical papers. The specific reading list will be provided at the beginning of the course.

Location:

Hohenheim

Remarks:

The course assumes a working knowledge in intermediate macroeconomics at the level of Sorensen, P.B and Whitta-Jacobsen (2010), Introducing Advanced Macroeconomics, Second Edition, McGraw-Hill.

Module:

• 5211-820 Methods II (semi-elective)
• 5211-810 Methods I (semi-elective)
• 5211-830 Field Module (semi-elective)
• 5211-840 Elective Module (semi-elective)