Introduction to Agent-Based Stock-Flow Consistent Modelling

Leçon du cours au Collège de France de Philippe Aghion "Économie des institutions, de l'innovation et de la croissance"

This is a new online course at bachelor level. It presents an introduction into macroeconomics with a specific focus on the euro area. The theoretical part provides a critical presentation of the two key macroeconomic models: the (neo)classical approach and the Keynesian approach. This allows a comparative analysis of important macroeconomic topics: unemployment inflation government debt and Modern Monetary Theory banks and financial crises. The policy-oriented part discusses the monetary policy of the ECB and the specific challenges for fiscal policy in the euro area. The course also presents other euro area specific topics: Optimum currency area, euro crises, Next Generation EU and Green New Deal.

This is an introductory lecture to Stock-Flow Consistent (SFC) modelling. Antoine Godin presents this family of macroeconomic models, which is based on a rigorous accounting framework and guarantees a correct and comprehensive integration of all the flows and the stocks of an economy. SFC models focus especially on interactions between …

Wirtschaftspolitik.cc ist ein interaktives Online Lehrbuch zur Einführung in die Perspektiven der Wirtschaftspolitik. Ziel ist eine Einführung in sechs Teilbereiche der Wirtschaftspolitik (von denen bisher vier online sind) auf Abitur/Bachelor Niveau.