Content:

• Economic Markets
• Money markets and financial markets
• IS-LM Model
• AS-AD Model
• Basics of growth theory
• Employment, inflation und technological progress
• Small open economies

Lecturer:
Prof. Dr. Jan Wenzelburger

Supervisor:
Helena Krebs

Lectures and central exercise:
The lectures and the central exercise are available online as recordings. Log in to the KIS (lecture page) to receive the password for the OLAT course at the beginning of the course.

Tutorials:
The tutorials take place in person. The registration for the tutorials is done via the KIS. (You register twice in total at KIS: once for the lecture and once for a tutorial). To comply with the corona rules, you will be assigned to one tutorial for the entire semester.

Exam:
To be announced.

The lecture is held in German.

Further Information and Materials:

KIS(Lecture)

KIS(Tutorials)

OLAT

Content:

Selected topics in micro- and macroeconomics.

The topics are presented and allocated in the first meeting.

Supervisor:
Prof. Dr. Jan Wenzelburger

Organisation:
Register via KIS.
Information about the first meeting are sent to you via e-mail upon successful registration.

Content:

• Extending intermediate macroeconomics
• Micro-founded macroeconomics
• Dynamical-systems approach ('agent-based models'):
  • finite planning horizons,
  • non-rational behaviour,
  • heterogeneous, interacting agents
• Focus on OLG models and growth models

Lecturer:
Prof. Dr. Jan Wenzelburger

Supervisor:
Jan Münning

Lectures:
The lectures will be available online as recordings.

The lecture is held in English.

Further Information and Materials:

KIS

OLAT

Content:

• Expected Utility Theory
• Risk Measures
• Risk Management
• Prospect Theory
• Cumulative Prospect Theory

Lecturer:
Dr. Oscar Nieto-Cerezo

Lectures:
The lectures will be available online as recordings.

The lecture is held in English.

Further Information and Materials:

KIS

OLAT

Important:
Attendance to (at least) one of our lectures is a prerequisite for participation in the Master seminar.

Content:
The topics will be assigned individually based on the attended lectures.

Organization:
The topics will be assigned by Prof. Wenzelburger. Please contact him via email.

The results are usually presented in the PhD Seminar, which is also attended by the students of the Master seminar.

Content:
Presentation and discussion of the current research of the PhD students.

Organisation:
The dates of the meetings are fixed in consultation with the chair of microeconomics and the chair of Ressourcen- und Energieökonomik.

Content:

Theory of Consumer Choice

• Demand, Comparative Statics
• Labour Supply Theory
• Decision under Uncertainty
• Intertemporal Decisions

Production Theory

• Costs, long-term, short-term
• Profit Maximization
• Derivation of the Supply

Equilibrium Theory

• Partial and General Equilibrium
• Market Entry Decisions
• Welfare

Content:

• Mean-variance portfolio analysis
• Dynamic models with heterogeneous beliefs
• Evolution of prices, portfolios and market shares
• Endogeneous option prices
• Multiperiod Planning Horizons

Content:

• The Role of Capital Markets
• Liquidity Insurance
• Theory of the Banking Firm
• The Bank as a Portfolio Manager
• Risk Management in Banking
• Credit Rationing
• Bank Runs
• Macroeconomics of Banking

Content:

• Expected utility theory
• Demand for insurance
• Basic insurance principles
• Adverse selection
• Moral hazard

Important:
Attendance to (at least) one of our lectures is a prerequisite for participation in the Master seminar.

Content:
The topics will be assigned individually based on the attended lectures.

This lecture also takes place in the summer term.

All relevant information will be uploaded here in time.

Content:

• The electronic trading facility Xetra
• Allocation mechanism
• Games with incomplete information
• Theory of auctions

This lecture only takes place in the summer term.

All relevant information will be uploaded here in time.

Content:

• One-Dimensional Dynamics
• Multidimensional Dynamics
• Linear Parametric Regression Models
• Generalized Linear Models - Binary Regression

Content:
Presentation and discussion of the current research of the PhD students.

This lecture also takes place in the summer term.

All relevant information will be uploaded here in time.