Macroeconomics I

Name: Macroeconomics I
Start: 2026-05-04T10:30:00+02:00
End: 2026-05-04T14:30:00+02:00
Location: Halle Institute for Economic Research (IWH) – Member of the Leibniz Association, Leipziger Straße 100, 06108 Halle (Saale), conference room, 3rd floor

First-Year Courses

Macroeconomics I

Event Series: Macroeconomics I

Date: May 4, 2026Time: 10:30 am - 2:30 pm Europe/BerlinVenue: Halle Institute for Economic Research (IWH) – Member of the Leibniz Association, Leipziger Straße 100, 06108 Halle (Saale), conference room, 3rd floorLecturer: Professor Dr Thomas Steger, Professor Dr Martin Christopher Hänsel

Course description

Course type

IWH-DPE Foundation Course, CGDE First-year Course

Lecturers

Professor Dr Thomas Steger (UL) and Professor Dr Martin Hänsel (UL)

Summary

This is the first course of the first-year triple sequence in Macroeconomics.

The focus of this course is on the foundations of modern macroeconomic analysis using dynamic models. It introduces core tools such as recursive methods, infinite-horizon models, and competitive equilibria. It also discusses welfare implications of market outcomes. The main topics include economic growth and sustainability, including climate change.

Schedule

07.04.2026 10:30-12:00 and 13:00-14:30      IWH, Leipziger Str. 100, 3rd floor, Conference Room
20.04.2026 10:30-12:00 and 13:00-14:30      IWH, Leipziger Str. 100, 3rd floor, Conference Room
04.05.2026 10:30-12:00 and 13:00-14:30      IWH, Leipziger Str. 100, 3rd floor, Conference Room
18.05.2026 10:30-12:00 and 13:00-14:30      IWH, Leipziger Str. 100, 3rd floor, Conference Room

Content

Dynamic Optimization
Dynamic Competitive Equilibrium & Welfare
Growth
Sustainability

Course requirements

Attendance at all lectures is mandatory and a prerequisite for examination.

Course grading will be based on three problem sets corresponding to Sections 2, 3, and 4. Students may complete the problem sets in groups of two. They may present their solutions either in class or in a separate Zoom session.

Required Reading

1. Dynamic Optimization
Azzimonti, M., Krusell, P., McKay, A. & Mukoyama, T. (2025). Macroeconomics. Chapter 4. https://phdmacrobook.org/

2. Dynamic Competitive Equilibrium & Welfare
Azzimonti, M., Krusell, P., McKay, A. & Mukoyama, T. (2025). Macroeconomics. Chapters 5-6. https://phdmacrobook.org/

3. Growth
Azzimonti, M., Krusell, P., McKay, A. & Mukoyama, T. (2025). Macroeconomics. Chapter 13. https://phdmacrobook.org/

4. Sustainability
Azzimonti, M., Krusell, P., McKay, A. & Mukoyama, T. (2025). Macroeconomics. Chapter 25. https://phdmacrobook.org/

Registration

Please register for the course until March 31, 2026 by sending an e-mail to cgde@iwh-halle.de.

Course details

Macroeconomics I

Date: May 4, 2026Time: 10:30 am - 2:30 pm Europe/BerlinVenue: Halle Institute for Economic Research (IWH) – Member of the Leibniz Association, Leipziger Straße 100, 06108 Halle (Saale), conference room, 3rd floorLocation: Leipziger Strasse 100, Halle (Saale), Saxony-Anhalt, 06108, Germany, Lecturer: Professor Dr Thomas Steger, Professor Dr Martin Christopher HänselCategory: First-Year Courses