Modern International Macroeconomics

Prof. Dr. Paul J.J. Welfens

Lectures: 14 April 2022

Time: 16:00 -18:00

Room: M.12.25



Lecture Slides


2022: moodle course


Version 20.04.2017

Version 13.04.2016

Version 15.04.2015

Literature

Paper 1

Paper 2

Students learn the basics of open economy macro models and relevant policy issues • Mundell-Fleming model for the medium term analysis • The role of foreign direct investments for the dynamics of GDP and GNP • Debate on the New Keynesian Economics • Modern growth models, including endogenous growth • Issues of green growth (OECD approach) • Problems of quantitative easing • Dynamics of growth and convergence • Simulation Models for Policy Analysis

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