Description:
Lectures by A. Kriwoluzky:
This part of the course teaches methods to analyze the effects of monetary and fiscal policy. Methods cover narrative and high-frequency identification of policy interventions, local projections, Vector-Autoregression models, and DSGE models.
Lectures by M. Heinemann:
The objective of the course is to give an overview over modern theories of economic growth. The formal presentation uses the continuous–time framework in order to equip the students with the formal tools required to analyze continuous–time economic dynamics. Besides looking at growth models, the lecture addresses also related topics like the distribution of wealth and income, exhaustible resources and stochastic growth models. The following contents will be covered:
The lecture is accompanied by a tutorial.
Literature:
Lectures by A. Kriwoluzky:
tba
Lectures by M. Heinemann:
The following two books cover most of the topics addressed in the lecture:
Acemuglu, D., (2009), Introduction to Modern Economic Growth (Princeton University Press).
Barro, R. & Sala-i Martin, X., (2004), Economic Growth (MIT–Press), 3rd edn.
Further references and recommendations for further reading will be given during the course
Lecturers:
Maik Heinemann, Alexander Kriwoluzky
Time & venue:
For organizational reasons, this semester's lectures will have to be held as an exception as follows:
Lectures by A. Kriwoluzky (20.04.-xx.xx.2022): Wednesdays, 8:30-12:00; tba
Lectures by M. Heinemann (21.04.-21.07.2022): Thursdays, 10:00-12:00; University of Potsdam, Campus Griebnitzsee, Room 3.06.S21
Tutorials by M. Heinemann (29.04.-22.07.2022): Fridays, 14:15-15:45; University of Potsdam, Campus Griebnitzsee, Room 3.07.039
(Please note that the tutorials offered by M. Heinemann as announced in the syllabus do not have to be attended to successfully complete the course!)
Exam:
midterm and final exam
Further information on the lectures by M. Heinemann can be found in the syllabus.
