Macroeconomics

Measures of national income and output; The economy in the short and in the medium-term (labor market, production, capital market, money), IS-LM model and AS-AD model, The economy in the long-run; Macrotheory and economic policy.

Introduction to basic principles of macroeconomic theory: discussion of diverse ways of thinking in macroeconomics: Students should be able to

  • identify macroeconomic relations and analyse them with macroeconomic models
  • link economic relations at the verbal, graphical and mathematical level
  • evaluate the effects of economic policy on macroeconomic indicators
  • look for macroeconomic data independently and analyse empirical results

 

For more details we refer to UniGrazOnline.

Literature

  • Blanchard, O. and Illing, G. (2004), Makroökonomie, München: Pearson Studium (Special Graz edition)
  • Mankiw, G.N. (2003), Makroökonomik, Stuttgart: Schäffer-Poeschel

Head of Institute

Univ.-Prof. Dr.

Michael Finus

Universitätsstraße 15/F4
8010 Graz

Phone:+43 316 380 - 3450

Staff

Bianca Watzke, M.A.

Phone:+43 316 380 - 7113

Irene Hye, M.A.

Phone:+43 316 380 - 3448