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International Macroeconomics and Finance (Lecturer: G. Schwödiauer)
Core topics: Balance of Payments; Monetary and Fiscal Policies for Open Economies under various capital mobility and exchange rate regimes (Mundell-Fleming model); Exchange Rate Overshooting (Dornbush model); Monetarist Models; Portfolio Balance Approach to International Asset Markets.
Textbooks: Gandolfo (2001), International Finance and Open-Economy Macroeconomics.
                     Caves, Frankel and Jones (2003), World Trade and Payments, 9th ed.

International Trade (Lecturer: K.-H. Paqué)
This course is concerned with the most important theories of International Trade and how they relate to the developments in the real world economy. It attempts to provide an up-to-date and understandable analytical framework for illuminating current events and bringing the excitement of international trade into the classroom.
Textbook: Krugman and Obstfeld (2003), International Economics, 6th ed.  

Macroeconomic Analysis (Lecturer: G. Schwödiauer)
Topics: Ramsey-type growth models with infinite and finite individual time horizon; overlapping generation models; money and finance in intertemporal macro-models; endogenous growth.

Textbook: Romer, D., Advanced Macroeconomics, 2nd ed., McGraw-Hill 2001.

Behavioral Finance (Lecturer: B. Vogt)
Empirical evidence and possible explanations of market and portfolio anomalies as: bubbles, short run momentum, long run reversal, equity premium puzzle, excess volatility, Co-movements, underdiversification, home bias, excessive trading.

Microeconomic Analysis (Lecturer: Th. Riechmann)

After a concise introduction to advanced methods from game theory, the course will cover selected topics in coordination, information theory and market forms.

Mathematical Economics (Lecturer: F. Werner)

The lecture consists of two major parts: Nonlinear Programming and Microeconomics and Differential Equations, Optimal Control Theory and Macroeconomics.
Textbooks: 1) Takayama, A.: Analytical Methods in Economics, Harvester-Wheatsheaf, 1994.
2) Sydsaeter, K.; Hammond, P.; Seierstad, A.; Strom, A.: Further Mathematics for Economic Analysis, Financial Times/Prentice Hall, 2005.

 

Exam papers of previous years can be found at the Student Council´s web site : www.farawiwi.de > Klausuren/Exams.