Methods in Economic Dynamics

  • Type: Vorlesung (V) / Übung (Ü)
  • Target group: M. Sc.
  • Semester: SS
  • Lecturer:

    Prof. Dr. Ingrid Ott

  • ECTS: 1,5
Prerequisites

Recommendations:

Basic knowledge of micro- and macroeconomics is assumed, as taught in the courses Economics I [2600012] and Economics II [2600014]. Further, it is assumed that students have interest in using quantiative-mathematical methods.

Content of teaching

The workshop offers the possibility to deepen the understanding about different aspects of theoretical modelling of innovation-based growth and induced economic effects. This includes the implementation of formal models in computer algebra systems as well as recording, processing and econometric analysis of related data from relational databases (concerning for example patents or trademarks). Moreover, methods of network theory are discussed.

Annotation

The course has been added summer 2015.

Workload

The total workload for this course is approximately 45 hours.

Lecture: 15h
Preparation of lecture/exam: 30h

Aim

Students shall be given the ability to:

  • work with fundamental theoretical innovation models and to implement them in appropriate computer algebra systems
  • query appropriate data sources and to analyse and visualise them using statistical methods
Exam description

Non exam assessment according to § 4 paragraph 3 of the examination regulation (SPO 2015).