Heiner Mikosch: Catalogue data in Spring Semester 2025 |
| Name | Dr. Heiner Mikosch |
| Address | KOF Institut ETH Zürich, LEE G 205 Leonhardstrasse 21 8092 Zürich SWITZERLAND |
| Telephone | +41 44 632 42 33 |
| mikosch@kof.ethz.ch | |
| URL | https://sites.google.com/view/heinermikosch |
| Department | Management, Technology, and Economics |
| Relationship | Lecturer |
| Number | Title | ECTS | Hours | Lecturers | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 363-0575-00L | Economic Growth, Cycles and Policy | 3 credits | 2G | H. Gersbach, H. Mikosch, H. J. van Buggenum | |||||||||||
| Abstract | This intermediate course focuses on the core thinking devices and foundations in macroeconomics and monetary economics, and uses these devices to understand economic growth, business cycles, crises as well as how to conduct monetary and fiscal policies and policies to foster the stability of financial and economic systems. | ||||||||||||||
| Learning objective | - Fundamental knowledge about the drivers of economic growth in the short and long run, key macroeconomic variables and observed patterns in developed countries - Comprehensive understanding of core macroeconomic frameworks and thinking devices | ||||||||||||||
| Content | This intermediate course focuses on the core thinking devices and foundations in macroeconomics and monetary economics, and uses these devices to understand economic growth, business cycles, crises as well as how to conduct monetary and fiscal policies and policies to foster the stability of financial and economic systems. The course is structured in the following way: Part I: Basics - Introduction - IS-LM Model in Closed Economy (Repetition) - Schools of Thought - Consumption and Investment - The Solow Growth Model Part II: Special Themes - Money Holding, Inflation, and Monetary Policy - Crises in Market Economies - IS-LM Model and Open Economy - Theories of exchange rate determination - Technical Appendix | ||||||||||||||
| Lecture notes | Copies of the slides will be made available. | ||||||||||||||
| Literature | Chapters in Manfred Gärtner (2009), Macroeconomics, Third Edition, Prentice Hall. and selected chapters in other books and/or papers | ||||||||||||||
| Prerequisites / Notice | It is required that participants have attended the lecture "Principles of Macroeconomics" (363-0565-00L). | ||||||||||||||
Competencies |
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