Universität Luzern

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Introduction to Macroeconomics

Dozent/in	Prof. Dr. Manuel Oechslin
Veranstaltungsart	Vorlesung
Code	FS251052
Semester	Frühjahrssemester 2025
Durchführender Fachbereich	Wirtschaftswissenschaften
Studienstufe	Master
Termin/e	Di, 18.02.2025, 08:15 - 10:00 Uhr, 4.B51 Di, 04.03.2025, 08:15 - 10:00 Uhr, 4.B51 Di, 11.03.2025, 08:15 - 10:00 Uhr, 4.B51 Di, 18.03.2025, 08:15 - 10:00 Uhr, 4.B51 Di, 25.03.2025, 08:15 - 10:00 Uhr, 4.B51 Di, 01.04.2025, 08:15 - 10:00 Uhr, 4.B51 Di, 08.04.2025, 08:15 - 10:00 Uhr, 4.B51 Di, 15.04.2025, 08:15 - 10:00 Uhr, 4.B51 Di, 29.04.2025, 08:15 - 10:00 Uhr, 4.B51 Di, 06.05.2025, 08:15 - 10:00 Uhr, 4.B51 Di, 13.05.2025, 08:15 - 10:00 Uhr, 4.B51 Di, 20.05.2025, 08:15 - 10:00 Uhr, 4.B51
Umfang	2 Semesterwochenstunden
Turnus	weekly
Inhalt	This introductory course is designed for students who are not pursuing a BA/MA degree in economics. It explores a range of critical macroeconomic questions, including: Why do economies sometimes experience recessions, characterized by declining output and rising unemployment? What factors contribute to persistently high unemployment rates in some countries, while others consistently maintain full employment? Inflation recently made a forceful return—why did this happen? Moreover, what role can economic policy play in combating negative output growth, unemployment, and inflation? To systematically address these questions (and many others), Introduction to Macroeconomics will develop a coherent and highly tractable theoretical framework through a step-by-step approach. This framework, known as the IS-LM-PC model, will also be applied to a number of real-world scenarios, among them the recent pandemic. Additionally, the course includes three integrated problem-solving sessions to reinforce learning.
Sprache	Englisch
Anmeldung	To attend the course / exercise, registration via e-learning platform OLAT is required. Registration is possible from 3 – 28 February 2025. The students themselves are responsible for checking the creditability of the course to their course of study. Direct link to OLAT course: https://lms.uzh.ch/url/RepositoryEntry/17670242401
Prüfung	*IMPORTANT* In order to acquire credits, resp. to take the examination, registration via the Uni Portal within the examination registration period is ESSENTIALLY REQUIRED. Further information on registration: www.unilu.ch/wf/pruefungen
Abschlussform / Credits	Written exam / 3 Credits
Hinweise	The handout «Introduction» (to be published on OLAT) provides a more detailed description of this course.
Hörer-/innen	Nein
Kontakt	manuel.oechslin@unilu.ch
Literatur	- Required materials: eight handouts and a problem set (published on OLAT). - The course is based on the textbook Macroeconomics by Olivier Blanchard (7th edition)