Brochure - Diplomatic Academy Vienna

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Jean-Robert Tyran
Alexia Fürnkranz-Prskawetz
Charles Pearson
Macroeconomics (core course DLG, ETIA) Stefania Rossi
The course introduces the main macroeconomic models and enables an analysis of how
monetary and fiscal policies affect economic performance in the short and the long
run. Students understand the determinants of the aggregate demand and supply, the
monetary market equilibrium and the core of the growth theory.
Principles of International Economics (core course DLG, MAIS) Stefania Rossi
The course aims at providing an overview of international trade and international
monetary economics - theory and policy. Students understand the main issues on trade
patterns, gains and benefits from trade, international monetary systems equilibria, as
well as the effects that various policies may have on domestic and world welfare.
International Economics (core course ETIA) Charles Pearson
Accelerated course covering both trade & monetary aspects of IE. Lectures on principal
theories, empirical studies, supplemented by textbook readings. Student teams research,
present papers on critical policy issues – eg Euro crisis, trade and environment.
Macroeconomics (core course MAIS) Werner Neudeck
This course investigates of the long-term determinants of national aggregate income,
economic growth, the rate of unemployment, and inflation. It contrasts Keynesian and
“New Classical” explanations of short-term fluctuations in income and employment
and evaluates alternative government policies of stabilisation and growth.
International Trade Theory Werner Neudeck
The course looks at the microeconomic (or “real”) aspects of international economics.
It analyses the causes of international trade, the pattern of trade, the gains from trade,
and the distributional impact of trade. The arguments for free trade and for trade
restrictions are evaluated and alternative national and international trade policies are
discussed.
International Monetary Economics Werner Neudeck
Covers the macroeconomic aspects of international economics. The course analyses
the balance of payments and the evolution and significance of international financial
markets. It investigates the determination of floating exchange rates and the working of
a fixed exchange rate system with central bank intervention. Stabilisation policies under
different exchange rate regimes are examined. The final part of the course includes a
discussion of optimum currency areas and EMU.
Development Economics Michael G. Plummer
This courses focuses on the economics of the development process, with a focus on its
external dimensions. In addition to looking at various models of economic growth and
development, it uses cases to highlight some of the critical issues facing developing
countries today.
International Environmental Eonomics Charles Pearson
This course introduces students to international environmental issues from the perspective
of economics. Covers the basics, trade and environment, sustainable development, and
gives special emphasis to global warming. Quality student research expected.