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Introduction to Macroeconomics
Last Updated: 2026-02-05 15:14:43
Abstract
This course examines the behaviour of macroeconomic variables, such as gross domestic product, unemployment and inflation rates. It tries to answer questions like: How can we explain fluctuations of national economic activity? What can economic policy do against unemployment and inflation. What significance do international economic relations have for Switzerland?
Objective
This lecture will introduce the fundamentals of macroeconomic theory and explain their relevance to every-day economic problems.
Content
This course helps you understand the world in which you live. There are many questions about the macroeconomy that might spark your curiosity. Why are living standards so meagre in many African countries? Why do some countries have high rates of inflation while others have stable prices? Why have some European countries adopted a common currency? These are just a few of the questions that this course will help you answer. Furthermore, this course will give you a better understanding of the potential and limits of economic policy. As a voter, you help choose the policies that guide the allocation of society's resources. When deciding which policies to support, you may find yourself asking various questions about economics. What are the burdens associated with alternative forms of taxation? What are the effects of free trade with other countries? What is the best way to protect the environment? How does the government budget deficit affect the economy? These and similar questions are always on the minds of policy makers.
Resources
Lecture Notes
Lecture notes, electronic learning environmentwww.vwl.ethz.ch
Literature
The set up of the course will closely follow the book of N. Gregory Mankiw (2007), Principles of Macroeconomics, 4th Edition, Thomson Learning. Besides this textbook, the slides, lecture notes and electronic learning environment will cover the content of the lecture and the exam questions.
General Information
- Language
- English
- Levels
- BSC , MSC , NDS
- Frequency
- Yearly recurring
Examination
- Type
- end-of-semester examination
Course Components
| Type | Title | Time & Place | Hours |
|---|---|---|---|
| lecture | Introduction to Macroeconomics |
|
2 h weekly |
Offered In
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Management, Technology and Economics Master ("Students meet Tutors" Welcome and Introduction to MSc MTEC ETH Monday, 24th september 07, 9-12h, room: HG G 60)
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Application Area (only necessary for MSc in Applied Mathematics)
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1. Semester, Course 2007/2009 (Introduction to MAS MTEC study program, september. 25th 2007, 17.30 h, Semper-Aula HG G60)
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