European Macroeconomics

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. 

Organisational matters

This course will be made available on the Network for Pluralism in Economics YouTube channel on a regular basis.

You Tube channel

The course is based on an online course offered at the University of Würzburg. The tutorial will not be made available on YouTube.

• Lecture: every Tuesday, 2-4 pm (s.t.) (CET)
• Tutorials: every Monday, 4-6 pm (c.t.) (CET)

Course duration: 20th of April - 13th of July, 2021

Communication: we offer a Telegram chat for the people taking the course to exchange thoughts and ideas. We will provide some rules for communication in the group. Please only join, if you are taking the course (here).

Exams: we will offer an exam end of July / August. The exam will either be based on multiple choice questions or involve an essay format. The certificate of performance worth 2 ECTS is granted by the Network for Pluralism in Econmics and runs under the category of 'accrediation' in the higher education regulation. More info on accreditation here.