ECONOMICS
2: Macroeconomics and Economic Policy
Summerterm 2010 -- EFA 4th semester |
Basic Material: Assessment: After the term 2) a written exam (60 min) will take place. For further information please see below. |
PRELIMINARY
Time Schedule
the classes will take place on Wednesdays (2 pm - 3.30 pm) and Thursdays (9.45
- 11.15), the Module-Exercise on Thursdays (11.30-1 pm)
To register fo the presentations topics
please refer to the FORUM in the AULIS group!
No | week | week beginning on | presentation | Unit - topics (Preliminary Schedule) | Material |
1 | 1 | Wed. 10 March | Part D: Foundations of Macroeconomics 14 The National Economy |
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2 | 1 | 14 The National Economy: 15 Macroeconomic Issues and Analysis: an Overview |
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3 | 2 | Wed. 17 March | no class due to a faculty seminar | ||
4 | 2 | National Accounting, Concepts and Critiques of GDP 12: Applied microeconomics |
Interesting Debate at the Economist about GDP as a measure of welfare. | ||
5 | 3 | Wed. 24 March | no class due to a business trip | ||
6 | 3 | no class due to a business trip | |||
- | - | - | --- Easter Break --- | ||
7 | 4 | Wed. 7 April | 16 | Part E: Macroeconomics 16 The Roots of Modern Macroeconomics |
|
8 | 4 | 9.45-10.45 Resit Exam (Nachklausur) => lecture starts at 11.00, no MÜ today 16 The Roots of Modern Macroeconomics |
Annenberg
Video @ learners.org: 5. John Maynard Keynes |
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9 | 5 | Wed. 14 April | 17 Short-run Macroeconomic Equilibrium | ||
10 | 5 | 17 Short-run Macroeconomic Equilibrium, Fiscal Policy and Balanced Budget Multiplier by Haavelmo (-Theorem) |
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11 | 6 | Wed. 21 April | 18 Money and Interest Rates |
Main
Source : European Central Bank ECB - ECB-Presentations: History, Organisation, Targets and Instruments |
|
12 | 6 | 18 | 18 Money and Interest Rates | ||
13 | 7 | Wed. 28 April | 19 | 19 The Relationship between the Money and Goods Markets | |
14 | 7 | 19 The Relationship between the Money and Goods Markets | |||
15 | 8 | Wed. 5 May | 20 Fiscal and Monetary Policy | ||
16 | 8 | 20 | 20 Fiscal and Monetary Policy | ||
17 | 9 | Wed. 12 May | 21 Aggregate Supply, Unemployment and Inflation | ||
18 | 9 | (Thur, 13 May) | -- no class / Ascension Day -- | ||
19 | 10 | Wed. 19 May | 21 | 21 Aggregate Supply, Unemployment and Inflation | |
20 | 10 | no class |
20-21 May - E F A - S y m p o s i u m (for ALL EFA students !!) - |
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21 | 11 | Wed. 26 May | 22 | 22 Long-term Economic Growth + "Limits to Growth" |
Limits
to Growth: Wiki: First edition (1972), 2004 Limits to Growth: The 30-Year Update, webpage - all by Dennis Meadows and others - Talk by Dennis Meadows at the Population Institute (video part 1) - Talk by Dennis Meadows at the Population Institute (video part 2 - start at 5.50) |
22 | 11 | Thursd. 27 May | 23 Supply-side Policies Fiscal and Monetary Policy in the IS-LM model - what can go wrong? |
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23 | 12 | Wed. 2 June | Part F: The World Economy |
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24 | 12 | 24 | 24 International trade | ||
25 | 13 | Wed. 9 June | 25 The Balance of Payments and Exchange Rates | ||
26 | 13 | 25 | 25 The Balance of Payments and Exchange Rates | ||
27 | 14 | Wed. 16 June | 26 | 26 Global and Regional Interdependence | |
28 | 14 | 27 | 27 Economic Problems of Developing Countries | ||
29 | 15 | Wed. 23 June | Review and conclusion +
YOUR questions |
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30 | 15 | Exam preparation - summary and questions |
Groups (Module exercise): The tasks of the module exercise normally refer to the topics discussed in the last week(s). The numbers refer to the chapter in the textmook (Sloman: "End of chapter questions").
Group: week beginning on: |
All
students |
1 |
2 |
3 |
4 |
5 |
6 |
names of students / photos |
Leslie Andoh-Wilson |
Tatiana Isakovich |
Enken Cohrs |
Paul Böckmann |
Laura Hahn |
Felix Hunsicker |
|
Thursday, 8 April | no MÜ due to restit exam (lecture up to 1pm) | ||||||
Thursday, 15 April | all teams please work an tasks of chapter 17: -
task 1 |
||||||
Thursday, 22April | |||||||
Thursday, 29 April | We work together
on the following tasks: Plus single tasks for the teams to be discussed in class |
16-2 |
16-3 |
16-4 |
16-5 |
16-6 |
16-8 |
Thursday, 6 May | All Teams please read the Debate at the Economist about GDP as a measure of welfare - and take the following positions: We are going to discuss in class |
pro |
cons |
pro |
cons |
pro |
cons |
Thursday, 27 May | Discussion of GDP (above) + tasks from the exam Macroeconomics SoSe 06 |
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Thursday, 3 June | tasks from the exam (continued) Macroeconomics SoSe 06 | ||||||
Thursday, 10 June | |||||||
Thursday, 17 June | - KL_Lsg_ConsFunc.xls | ||||||
Thursday, 24 June | no
tasks |
but
we discuss |
old
exams - |
looking
forward |
to
YOUR |
questions
|
;-) |
Assessment:
The Assessment consists of a presentation during
the semester and a written examination at the end of the
term. Both parts will be marked separately and the overall mark will be
a weighted average with the presentation counting for 33.3% and the written
exams 66.7% of the final mark. Both parts have to be passed!!
The (German) module-description.
1) The presentation will be
about one chapter of the book, it is expected, that you present additional
material and examples. Presentations should be delivered by groups of two
students and be between 20 and 30 minutes. The groups were formed in June
to give you the possibility to prepare your presentation during the summer.
It is expected that you provide a handout. No additional paper has to be
delivered. See here for the Marking
Criteria for Presentations.
We will discuss tips and criteria for a good presentation in class.
"What makes
a good presentation?" as MindMap
or jpg-graphic.
All students who didn't enroll for a presentation yet, please joint one of the existing teams!
After the term 2) a written exam
(60 min) will take place.
You find some older exam papers here, i.e.:
- Macroeconomics SoSe 06
(July 14th 06) EFA 4 (English) + resit
exam (September 4th 2006) (60 ! min)
- Microeconomics
WS 05/06 EFA 3 (English) (90 min) und the
corresponding resit exam
- ISGM combined module "Micro- and Macroeconomics"(parts
of 45 Minutes each)
- exam of 27.01.05: Microeconomics,
Macroeconomics
- resit exam of 08.04.05: Microeconomics,
Macroeconomics
please remember that these were all courses based on different books, partly
of different intensity, so they are not directly comparable.
The "Module Exercise" takes place once a week for 45 minutes. We will form 6 groups and every groups is assigned tasks for the next week and is expected to present the results. The exercise is part of your individual workload, it isn't marked and the lecturer won't deliver new information; he will only moderate the sessions.
Links:
Links:
- WIKIPEDIA,
the free Encyclopedia (english)
- Leo -
Online Dictionary
- odge.de: Online-German-English-Dictionary
Learning / Improving your English:
- See the tips on the web page of the "Fremdsprachenzentrum",
especially "Internet
Quellen", "Medien",
and "Englisch
in Bremen"
- Somewhat less actual are the English
Language Resources (ELR) web site of Hochschule Bremen (Bremen
university of applied sciences)
with many useful tips, among other things: "How
can I improve my English outside class?" (with tips for going out:
English Club ... and more).
- also useful a list of English radio stations: http://www.surfmusik.de/land/england.html
Quotations
form the book of Thomas
Friedman: "The World is flat":
- For some, particularly among the older generations, this was
an unwelcome transformation. Communism was a great system for making
everyone equally poor. In fact, there was no better system in the world
for that than Communism. Capitalism made people unequally rich,
and for some who were used to the plodding, limited, but secure Socialist lifestyle--where
a job, a house, an education, and a pension were all guaranteed, even if they
were meager--the fall of the Berlin wall was deeply unsettling. (p. 51/52)
- ... to some degree Mikhail Gorbachev's hapless efforts to reform something
that was unreformable brought communism to an end. But if I had to point to
one factor as first among equals, it was the information revolution that began
in the early- to mid-1980s. Totalitarian systems depend on a monopoly
of information and force, and too much information started to slip
through the Iron Curtain, thanks to the spread of fax machines, telephones,
and other modern tools of communication. (p 54)
Interesting Economics-related links (arranged by Christopher Langelage - thanks a lot!)
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