European Macroeconomics - Learning and Teaching Package

Peter Bofinger
Exploring Economics, 2021
Level: advanced
Perspectives: Austrian Economics, Neoclassical Economics, Post-Keynesian Economics
Topic: (De-)growth, Crises, Labour & Care, Macroeconomics, Microeconomics & Markets, Money & Debt, Reflection of Economics
Format: Teaching Package

Learning and Teaching Package for the Course "European Macroeconomics"

 Information on the course

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. 

 

Supported by:

 

  

      Accompanying textbook: Fundamentals of Economics. Introduction into the Science of Markets (in German)

Go to book

 

  • A critical introduction for students of economics
  • A multiparadigmatic textbook, including neoclassical, Austrian and Keynesian economics
  • A focus on the roots of financial crises & the recent effects of digitization on the financial system

 

! The lecture is a new version of the content of this book, presenting economic theories & empirics through their specific understanding of the economy !

 

 

Lecture 1 -  Introduction to the course

a) Targets of Macroeconomic Policy and the Performance of the Euro Area

b) The debate on the economic loss function

 YouTube video of unit 1

 Slides of unit 1

 


 

Lecture 2 -  The mechanics of the two core macroeconomic models

a) The (neo-)classical model

b) The Keynesian model

 YouTube video of unit 2

 Slides of unit 2

 


 

Lecture 3 - The financial system and banks in the two models

 YouTube video of unit 3

 Slides of unit 3

 


 

Lecture 4 - Unemployment and stabilization policies

a) unemployment

b) stabilization policies

 YouTube video of unit 4

 Slides of unit 4

 


 

Lecture 5 - Fiscal policy

 YouTube video of unit 5

 Slides of unit 5

 


 

Lecture 6 - Inflation

 YouTube video of unit 6

 Slides of unit 6

 


 

Lecture 7 - Monetary policy of the ECB - in theoretical perspective

 YouTube video of unit 7

 Slides of unit 7

 


 

Lecture 8 - Monetary policy of the ECB - in institutional perspective i.

 YouTube video of unit 8

 Slides of unit 8

 


 

Lecture 9 - Monetary policy of the ECB - in institutional perspective ii.

 YouTube video of unit 9

 Slides of unit 9

 


 

Lecture 10 - Fiscal policy in the Euro area: coordinating policies of 19 countries

 YouTube video of unit 10

 Slides of unit 10

 


 

Lecture 11 - The euro crisis - learnings from the different economic models

 YouTube video of unit 11

 Slides of unit 11

Lecture 1 -  Introduction to the course

 Slides of unit 1


Lecture 2 -  The mechanics of the two core macroeconomic models

a) The (neo-)classical model

b) The Keynesian model

 Slides of unit 2


Lecture 3 - The financial system and banks in the two models

 Slides of unit 3


Lecture 4 - Unemployment and stabilization policies

a) unemployment

b) stabilization policies

 Slides of unit 4


Lecture 5 - Fiscal policy

 Slides of unit 5


Lecture 6 - Inflation

 Slides of unit 6


Lecture 7 - Monetary policy of the ECB - in theoretical perspective

 Slides of unit 7


Lecture 8 - Monetary policy of the ECB - in institutional perspective i.

 Slides of unit 8


Lecture 9 - Monetary policy of the ECB - in institutional perspective ii.

 Slides of unit 9


Lecture 10 - Fiscal policy in the Euro area: coordinating policies of 19 countries

 Slides of unit 10


Lecture 11 - The euro crisis - learnings from the different economic models

 Slides of unit 11

Lecture 1 -  Introduction to the course


Lecture 2 -  The mechanics of the two core macroeconomic models


Lecture 3 - The financial system and banks in the two models


Lecture 4 - Unemployment and stabilization policies


Lecture 5 - Fiscal policy


Lecture 6 - Inflation


Lecture 7 - Monetary policy of the ECB - in theoretical perspective


Lecture 8 - Monetary policy of the ECB - in institutional perspective i.


Lecture 9 - Monetary policy of the ECB - in institutional perspective ii.


Lecture 10 - Fiscal policy in the Euro area: coordinating policies of 19 countries


Lecture 11 - The euro crisis - learnings from the different economic models

The entire Youtube playlist of the Lecture Videos can be found here

Go to: European Macroeconomics - Learning and Teaching Package

This material has been suggested and edited by:

Wesprzyj

Ten projekt został stworzony przez Sieć na rzecz Pluralistycznej Ekonomii (Netzwerk Plurale Ökonomik e.V.).  Jest on zaangażowany w różnorodność i niezależność i jest zależny od darowizn od ludzi takich jak Ty. Regularne lub jednorazowe datki będą bardzo mile widziane.

 

Wesprzyj