607.150 (19W) Advanced Macroeconomics: DSGE I

Wintersemester 2019/20

Registration deadline has expired.

First course session
15.10.2019 15:00 - 16:00 B02.2.13 Off Campus
... no further dates known

Overview

Lecturer
Course title german Advanced Macroeconomics: DSGE I
Type Lecture - Course (continuous assessment course )
Hours per Week 2.0
ECTS credits 4.0
Registrations 4 (30 max.)
Organisational unit
Language of instruction English
Course begins on 15.10.2019
eLearning Go to Moodle course

Time and place

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Course Information

Intended learning outcomes

Master and PhD students in economics and business administration. The course is part of the curriculum of the doctoral program MSOBE.

Course content

DSGE (dynamic stochastic general equilibrium) models, their computation and some applications. 

Prior knowledge expected

Working knowledge of the English language; basic knowledge of economics; basics ofc alculus and linear algebra; some knowledge of intermediate economics desirable.

Literature

Main textbook: Burkhard Heer, AlfredMaussner, Dynamic General Equilibrium Modeling: Computational Methods andApplications. 2nd ed., Springer, Berlin 2009.

Recommended additional textbooks: Ben J. Heijdra, Foundations of Modern Macroeconomics. 3. Aufl., Oxford University Press, Oxford 2017.

Jordi Galí, Monetary Policy, Inflation, and the Business Cacle. An Introduction to the New Keynesian Framework. Princeton University, Princeton 2008.

Lars Ljungqvist, Thomas J. Sargent, Recursive Macroeconomic Theory. 4. Aufl., MIT Press, Cambridge, MA 2018.

David Romer, Advanced Macroeconomics. 5. Aufl., McGraw-Hill, New York 2018.

Examination information

Im Fall von online durchgeführten Prüfungen sind die Standards zu beachten, die die technischen Geräte der Studierenden erfüllen müssen, um an diesen Prüfungen teilnehmen zu können.

Examination methodology

Prerequisites for a positive assessment:

Oral and written examination at the end of the course (40 % each). Alternative: written seminar paper.

Execution of some exercises (10 %).

Positive assessment of the participation in the discussions (10 %).

Regular attendance.

Assessment criteria / Standards of assessment for examinations

Note on the seminar paper: The topic of the paper will be given individually to each student by the lecturer after having discussed the aims of the Master/PhD student (his/her previous work and/or intended dissertation fields). There will be ample time to deliver the paper after the end of the course until February 29, 2020 midnight. It shall show the student’s ability to apply the techniques taught in the course to a problem close to his/her interests and prepare him/her for successful work on his Master/PhD thesis. The paper can be written in either English or German.

Note on the participation in the discussions: Questions for a better understanding of the presentations, the text or the exercises can be asked anytime. Only successful and positive contributions to the discussion will be assessed. Never hesitate asking anything if you feel it to be necessary!!

Grading scheme

Grade / Grade grading scheme

Position in the curriculum

  • Thematic Doctoral Programme Modeling, Simulation and Optimization in Business and Economics (SKZ: ---, Version: 16W.2)
    • Subject: Modelling, Simulation, Optimization in Business and Economics (Compulsory subject)
      • Modelling, Simulation, Optimization in Business and Economics ( 0.0h XX / 0.0 ECTS)
        • 607.150 Advanced Macroeconomics: DSGE I (2.0h VC / 4.0 ECTS)
  • Doctoral programme Doctoral programme in Social and Economic Sciences (SKZ: 300, Version: 18W.1)
    • Subject: Studienleistungen gem. § 3 Abs. 2a des Curriculums (Compulsory subject)
      • Studienleistungen gem. § 3 Abs. 2a des Curriculums ( 0.0h XX / 80.0 ECTS)
        • 607.150 Advanced Macroeconomics: DSGE I (2.0h VC / 4.0 ECTS)
  • Doctoral programme Doctoral programme in Social and Economic Sciences (SKZ: 300, Version: 12W.4)
    • Subject: Studienleistungen gem. § 3 Abs. 2a des Curriculums (Compulsory subject)
      • Studienleistungen gem. § 3 Abs. 2a des Curriculums ( 40.0h XX / 80.0 ECTS)
        • 607.150 Advanced Macroeconomics: DSGE I (2.0h VC / 4.0 ECTS)
  • Doctoral programme Doctoral programme in Social and Economic Sciences (SKZ: 784, Version: 12W.4)
    • Subject: Studienleistungen gem. § 3 Abs. 2a des Curriculums (Compulsory subject)
      • Studienleistungen gem. § 3 Abs. 2a des Curriculums ( 40.0h XX / 80.0 ECTS)
        • 607.150 Advanced Macroeconomics: DSGE I (2.0h VC / 4.0 ECTS)

Equivalent courses for counting the examination attempts

This course is not assigned to a sequence of equivalent courses