Compulsory within the study programs of Economics (M.Sc.): subject major "Public Economics".
Elective within the study programs of Economics (M.Sc.): subject majors "Economics & Strategy", “Innovation and Change”, and “World Economy”.
This course replaces the course on “Fiscal Policy in Open Economies”.
This course teaches students how to use state of the art methods to analyze business cycle dynamics. The goal is to develop practical research skills so that, at the end of the course, students should be able to solve linear rational expectation models using MATLAB and Dynare.