Martin Luther University Halle-Wittenberg



Professur für Volkswirtschaftslehre, insb. Makroökonomik

phone: +49 345 7753-801
fax: +49 345 7753-799

Leibniz-Institut für Wirtschaftsforschung Halle (IWH)
Kleine Märkerstr. 8
06108 Halle (Saale)

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Macroeconomic science comprises assessing structure and development of entire economies as well as appraising the feasibility of economic policy measures, including their influence on overall economic development. Courses in macroeconomics provide the students with an understanding of global economic issues and techniques to evaluate of the effectiveness of economic policy. Good knowledge in macroeconomic theory and empirical economic research form the basis of these skills.




Introductory Macroeconomics (in German)Undergraduate (BSc)Winter term
SeminarUndergraduate (BSc)To be annouced
Advanced MacroeconomicsGraduate (MSc)Winter term

Introductory Macroeconomics
(in German, winter term only)

Course objectives:

  • Basic Knowledge of macroeconomic theory
  • Basics of national accounting
  • Understanding of basic macroeconomic models and their assumptions as well as implicationsfor economic policy (classical versus Keynesian theory, supply versus demand analysis, etc.)
  • Ability  to  comprehend  macroeconomic  studies  and  analyses  and  to  relate  them  to  actualmacroeconomic developments
  • Ability to evaluate current macroeconomic developments and economic policy discussions

Course contents:

  • Overview of macroeconomic subject matter and -methodology
  • National accounting
  • Determinants of supply and demand side
  • Bank money creation and monetary policy

Course description of Makroökonomik I
Holtemöller_Macroeconomics I_WIW.00526.02.pdf (58.8 KB)  vom 14.01.2020

Syllabus Makroökonomik 1 Winter Term 2020/21 (German)
Gliederung Makro I WS 21-22[623].pdf (187.8 KB)  vom 22.09.2021

Advanced Macroeconomics
(winter term only)

Course objectives:

  • Knowledge of basic methods of dynamic macroeconomics
  • Ability to apply and to simulate dynamic macroeconomic models
  • Ability to explain short-term and long-term economic developments using dynamic macroeconomic models
  • Ability to discuss and assess macroeconomic policy based on dynamic macroeconomic models

Course contents:

  • Foundations of dynamic macroeconomics
  • Numerical methods for the simulation of dynamic macroeconomic models
  • Basic Dynamic General Equilibrium Model and extensions
  • Analysis of selected macroeconomic policy issues using dynamic macroeconomic models

Course description of Advanced Macroeconomics
Holtemöller Advanced Macroeconomics_WIW.06773.01_ENG.pdf (103.7 KB)  vom 26.05.2021

Syllabus Advanced Macroeconomics Winter Term 2021/22
AdvM-Syllabus-Winter-2021[624].pdf (348.2 KB)  vom 22.09.2021