Introduction to Business Cycle Analysis SS 2018  

Introduction to Business Cycle Analysis

Lecturer: Jun.-Prof. Dr. Gregor von Schweinitz
Dates: Wednesday, 11:15-13:45 (see below under "Open Space" for a list of exact dates)
Contribution Deadline: 03.07.2019
Language: English
Place: SR14
Course Assessment: preparation & presentation of your seminar paper; participation in discussion
Credits: 10 ECTS

Information and Topics

To participate in the seminar, students can choose one of the groups of topics below. The topics are grouped. It is highly recommended that participants work together on the overlapping part of their projects.

Each student is asked to write a short (max 15 pages) term paper, give a presentation on his/her topic in the block seminar (30min) and be the discussant of another presentation in the block seminar (max 10min). The goal of the seminar is to give students a basic understanding of macroeconomic shocks which may cause business cycle fluctuations.

Topics will be assigned to students during the first session. Each topic will be allocated once, but will be referred to a group of topics. Please think about your preferred group before the first session.

Open Space
There will be a regular Open Space, during which you can work together and ask questions. Information on times and rooms:

Place: SR 14

Dates: 3.4.2019, 17.4.2019, 24.4.2019, 8.5.2019, 15.5.2019, 5.6.2019, 12.6.2019 (Presentations), 19.6.2019

Groups of topics:

1. Monetary Policy. Topics can include among others:

  • Rule-based monetary policy (Taylor-Rule)
  • Zero-lower bound
  • The effects of quantitative easing (Japan, US, Europe)

2. Fiscal Policy. Topics can include among others:

  • Fiscal multipliers: effects of military purchases
  • German unification
  • Investment programs during the financial crisis
  • Austerity programs in crisis countries during the sovereign debt crisis

3. Economic Crises. Topics can include among others

  • Balance of Payment Crises
  • Bank Runs
  • Sovereign Debt Crises
  • Sovereign Bank Risk Nexus

4. Trade Barriers. Topics can include among others:

  • The effects of Brexit
  • The effects of trade deliberalization (USA)
  • The effects of trade liberalization (Europe, most developing economies)



Prerequisites and Grading


You should have passed the course Makroökonomik.


  1. Individual essay about one of the topics below (50 %)
  2. Seminar presentation (30%).
  3. Active participation during the seminar (20%)



letzte Änderung: 03.04.2019