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:
- 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.
The course is based on an online course offered at the University of Würzburg that was recorded in 2021 and available as a learning and teaching package on Exploring Economics. It will be offered again as an accredited course in the summer semester 2022. If you have more questions, feel free to get in touch with the Certificate Project. We are also looking for local student groups to help us facilitate the tutorials.
Exams: 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 Economics and runs under the category of 'accrediation' in the higher education regulation. More info on accreditation here.
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This project is brought to you by the Network for Pluralist Economics (Netzwerk Plurale Ökonomik e.V.). It is committed to diversity and independence and is dependent on donations from people like you. Regular or one-off donations would be greatly appreciated.