Advanced Macroeconomics (Compulsory module)
The course provides you with a solid understanding of important macroeconomic models explaining business cycle fluctuations and economic growth. The lecture also sheds some light on the ongoing debate between (New) Keynesian and (Neo-) Classical economists on the role of governments and central banks in stabilizing a market economy. Additionally, you will be acquainted with the analytical tools commonly used in modern macroeconomics.
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Syllabus Advanced Macroeconomics
Macroeconomics of Unemployment (Elective module in Labour Economics)
The lecture focuses on the causes of unemployment from a theoretical perspective. The discussion is based on matching models, labour union models, efficiency wage models and models including minimum wages. Based on these models, students learn to evaluate the welfare and incentive effects of labour market institutions such as labour unions, unemployment insurance, minimum wages, and employment protection. Empirical studies are used to analyse the plausibility of the different theoretical models.
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Labour Supply, Immigration and Wage Inequality (Elective module in Labour Economics)
This course provides a thorough analysis of labour supply and the search behavior of the unemployed. The lecture discusses the economic consequences of immigration as well as the implications of biased technological progress and international trade for labour market outcomes. Using variants of the presented theoretical models, students can assess how the tax system and the welfare state affect labour supply decision and the search behavior of the unemployed, thereby identifying possible reasons for international differences in unemployment and participation rates. Through this course students will gain an understanding of how immigration, technological progress and globalization affect labour market outcomes by altering the structure and size of the labour market.
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Master's Seminar
Each Summer Semester, the Chair of Service Economics and Labour Economics offers a seminar in the Master's program in which students get the chance to conduct research on an advanced level related to aspects of Labour Economics, such as wage inequality, automation, and immigration. Besides writing an advanced research report, participants will also discuss and comment on the findings of other students.
Syllabus Seminar in Labour Economics
Please Note: All students participating in the seminar must have already passed the exam in “Labour Supply, Immigration and Wage Inequality” or in “Macroeconomics of Unemployment.”
Master's Thesis
The chair supervises master theses in all areas of labour economics and macroeconomics. Theses are written in English. A list of topics may be provided by the chair. Students' own proposals can be considered if the suggested topic belongs to the area of labour economics or macroeconomics.
Rules for Scientific Writing and Plagiarism
For students writing a seminar or their thesis at this chair it is mandatory to comply with some basic rules of scientific writing. A guideline including the most important rules as well as some formal requirements can be found below:
Declaration on the Use of Generative AI. You can find more information about the use of AI in exams here.