105.646 Dynamic Macroeconomics
This course is in all assigned curricula part of the STEOP.
This course is in at least 1 assigned curriculum part of the STEOP.

2022W, VO, 2.0h, 3.0EC
TUWELQuinn ECTS survey


  • Semester hours: 2.0
  • Credits: 3.0
  • Type: VO Lecture
  • Format: Presence

Learning outcomes

After successful completion of the course, students are able to:

  • list key empirical relationships related to economic growth;
  • critically assess the basic theoretical models in economic growth that try to explain the key empirical relationships;
  • set-up and solve theoretical models to analyse issues in economic growth;
  • analyze models of economic growth, e.g., compare their equilibrium predictions to the data;
  • assess fiscal policy within the models;
  • construct extensions of these basic models independently.

Subject of course

Topics include:

  1. Overview on economic growth and economic development
  2. The Solow-Swan model as a starting point in growth theory
  3. The Ramsey-Cass-Koopmans model as the central workhorse
  4. Technology diffusion around the world
  5. Growth and subsistence consumption
  6. Growth with overlapping generations
  7. Human capital and economic growth
  8. First-generation models of endogenous growth
  9. Models of endogenous technological change
  10. Growth, development, and exhaustible resources

Teaching methods

  • This is an interactive course and students have to be ready to work actively;
  • Stylized facts about economic growth and macroeconomic theories of growth are discussed;
  • Rigorous exposition of theoretical models including detours to clarify methods and illustrative examples are used throughout the presentation to provide deeper insights to the theoretical issues;
  • Self-study, i.e., autonomous work by students on all material covered in class;
  • Regular homework assignments related to particular topics are distributed and have to be solved by students in an accompanying course (105.647, UE);
  • Students are encouraged to make use of office hours, which are meant to clarify specific problems students may have.

Mode of examination




Course dates

Tue16:00 - 18:0004.10.2022 - 24.01.2023Sem.R. DB gelb 04 105.646
Dynamic Macroeconomics - Single appointments
Tue04.10.202216:00 - 18:00Sem.R. DB gelb 04 105.646
Tue11.10.202216:00 - 18:00Sem.R. DB gelb 04 105.646
Tue18.10.202216:00 - 18:00Sem.R. DB gelb 04 105.646
Tue25.10.202216:00 - 18:00Sem.R. DB gelb 04 105.646
Tue08.11.202216:00 - 18:00Sem.R. DB gelb 04 105.646
Tue22.11.202216:00 - 18:00Sem.R. DB gelb 04 105.646
Tue29.11.202216:00 - 18:00Sem.R. DB gelb 04 105.646
Tue06.12.202216:00 - 18:00Sem.R. DB gelb 04 105.646
Tue13.12.202216:00 - 18:00Sem.R. DB gelb 04 105.646
Tue20.12.202216:00 - 18:00Sem.R. DB gelb 04 105.646
Tue10.01.202316:00 - 18:00Sem.R. DB gelb 04 105.646
Tue17.01.202316:00 - 18:00Sem.R. DB gelb 04 105.646
Tue24.01.202316:00 - 18:00Sem.R. DB gelb 04 105.646

Examination modalities

Solution of Problems as practiced in the homework assignments.


DayTimeDateRoomMode of examinationApplication timeApplication modeExam
Fri08:00 - 10:0023.06.2023FH Hörsaal 3 - MATH written19.06.2023 12:00 - 21.06.2023 23:59TISSPrüfung Juni

Course registration

Begin End Deregistration end
04.10.2022 18:01 11.10.2022 23:59


Study CodeObligationSemesterPrecon.Info
066 395 Statistics and Mathematics in Economics Mandatory
066 926 Business Informatics Mandatory elective
860 GW Optional Courses - Technical Mathematics Not specified


No lecture notes are available.

Previous knowledge

  • 105.606 Macroeconomics for WM (VO)
  • 105.605 Microeconomics for WM (VO)
  • 105.690 Advanced Macroeconomics (VO)
  • 105.691 Advanced Macroeconomics (SE)

Accompanying courses