Modul
Macroeconomics: Theory and Computation [M-WIWI-106274]
Credits
9Recurrence
Jedes SemesterDuration
2 SemesterLanguage
German/EnglishLevel
3Version
1Responsible
Organisation
- KIT-Fakultät für Wirtschaftswissenschaften
Part of
Bricks
Identifier | Name | LP |
---|---|---|
T-WIWI-112723 | Computational Macroeconomics | 4.5 |
T-WIWI-112735 | Macroeconomics: Theory and Computation | 9 |
T-WIWI-109121 | Macroeconomic Theory | 4.5 |
Competence Certificate
The module examination takes place either in the form of an overall examination of 9 LP on the course Macroeconomic Theory and the course Computational Macroeconomics, or via two individual examinations of 4.5 LP each. The duration of the overall examination is 120 minutes. The duration of an individual exam is 60 minutes. The examinations are offered every semester and can be repeated at any regular examination date.
Competence Goal
The student
- has comprehensive knowledge of macroeconomic issues and the models used to analyze them,
- acquires comprehensive knowledge of advanced methods for the numerical solution of macroeconomic models,
- validates, illustrates and interprets models developed in economic research.
Content
The module deals with macroeconomic issues in the context of dynamic and partly stochastic equilibrium models. The macroeconomic theory is consistently microfounded and numerical methods are developed to analyze complex dynamic models. On this basis, the module deals, among other things, with questions of labor market economics, monetary policy and fiscal policy.
Recommendation
Prior attendance of the module Introduction to Economics is required.
Workload
Total effort for 9 credit points: approx. 270 hours.