Universität Wien
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230076 KU Introduction to Economics: Business Cycle tTheory (2010S)

The Explanatory Power of Business Cycle Theories Explaining Actual Recessions and Depressions

3.00 ECTS (2.00 SWS), SPL 23 - Soziologie

Teilnahmebeschränkung

Details

max. 140 participants
Language: German

Examination dates

Lecturers

Classes (iCal) - next class is marked with N

  • Monday 01.03. 18:00 - 19:30 Hörsaal 50 Hauptgebäude, 2.Stock, Stiege 8
  • Monday 08.03. 18:00 - 19:30 Hörsaal 50 Hauptgebäude, 2.Stock, Stiege 8
  • Monday 15.03. 18:00 - 19:30 Hörsaal 50 Hauptgebäude, 2.Stock, Stiege 8
  • Monday 22.03. 18:00 - 19:30 Hörsaal 50 Hauptgebäude, 2.Stock, Stiege 8
  • Monday 12.04. 18:00 - 19:30 Hörsaal 50 Hauptgebäude, 2.Stock, Stiege 8
  • Monday 19.04. 18:00 - 19:30 Hörsaal 50 Hauptgebäude, 2.Stock, Stiege 8
  • Monday 03.05. 18:00 - 19:30 Hörsaal 50 Hauptgebäude, 2.Stock, Stiege 8
  • Monday 10.05. 18:00 - 19:30 Hörsaal 50 Hauptgebäude, 2.Stock, Stiege 8
  • Monday 17.05. 18:00 - 19:30 Hörsaal 50 Hauptgebäude, 2.Stock, Stiege 8
  • Monday 31.05. 18:00 - 19:30 Hörsaal 50 Hauptgebäude, 2.Stock, Stiege 8
  • Monday 07.06. 18:00 - 19:30 Hörsaal 50 Hauptgebäude, 2.Stock, Stiege 8
  • Monday 14.06. 18:00 - 19:30 Hörsaal 50 Hauptgebäude, 2.Stock, Stiege 8
  • Monday 21.06. 18:00 - 19:30 Hörsaal 50 Hauptgebäude, 2.Stock, Stiege 8
  • Monday 28.06. 18:00 - 19:30 Hörsaal 50 Hauptgebäude, 2.Stock, Stiege 8

Information

Aims, contents and method of the course

Different business cycle theories (classical business cycle theories, monetary business cycle theories, real and monetary overinvestment theories, keynesian and monetarist explanations, New Classical Macreconomics, Real Business Cycle Models, New Keynesian Theories) and their explanatory power explaining actual recessions and depressions (19th century recessions, great depression of the 1930ies, recession 1973, Japanese and East Asian Crisis of the late 1990ies) are being discussed.

Assessment and permitted materials

Students are required to read and prepare the literature provided for every meeting and on that basis to contribute in a lively and provocative manner to discussions at all classes. They also have to produce one substantial assessed talk, which later will serve as basis for a written assessed essay.

Minimum requirements and assessment criteria

Analytical and historical introduction to business cycle theory and its application. Diligent and interested students will learn to make sense of and evaluate the historical background, achievements, main criticisms and developments of business cycle theory.

Examination topics

Teaching consists of one unbroken 90 minute seminar weekly. Students are required to read and prepare the literature provided for every meeting and on that basis to contribute in a lively and provocative manner to discussions at all classes. They also have to produce one substantial assessed talk, which later will serve as basis for a written assessed essay.

Reading list

principal literature: Todd A. Knoop, Recessions and Depressions, Praeger, Westport, Conneticut, London, 2004/2009?

Association in the course directory

in 505: BA REWI |
in 121: Rechts- und wirtschaftswissenschaftliches Wahlfach |
in 613: Freies Wahlfach

Last modified: Mo 07.09.2020 15:39