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This module covers the different dimensions of a sustainable economy, i.e. material well-being, social justice and inclusion, and ecological sustainability, from a macroeconomic perspective. Pursuing these goals may involve trade-offs which generate difficult problems for economic policy. In particular, we look at how economic growth relates to happiness, the environment, poverty, and the income distribution. We discuss the concepts of limits to growth, green growth, post growth, and de-growth and their macroeconomic and societal implications. Qualification targets: Students obtain an overview of the macroeconomic sides of the sustainability debate and learn how to analyze these topics with economic tools. The module stimulates critical thinking and trains the skills required to apply economic models. Imparted soft skills: Analytical thinking, Independent studying and learning, Literature research and documentation, Presentation of scientific results, Critical thinking Faculty of Management and Economics RUB main campus “Macroeconomics I” and “Macroeconomics II” recommended. Week1: Introduction Week2: followed by Week3 to the Final Week M. Sc. Said Benjamin Bonakdar; Prof. Dr. Michael Roos 20 5 ECTS MA a) Lecture b) Seminar Frequency: At least once every two years, normally in the summer semeter 60 % Term paper (19 pages); 40 % Presentation and discussion (30 Min) Jan Wüstenfeld: wiwi-international@ruhr-uni-bochum.de https://www.wiwi.ruhr-uni-bochum.de/studium/service.html.de
Applied Time Series AnalysisThis course provides the review of time series models widely applied in economics and finance. Starting from univariate linear ARMA models we consider a broad class of linear and non-linear time series approaches (including ARIMA, GARCH, VARMA, etc.) with focusing on estimation and forecasts Qualification targets: Upon successful completion of the module “Applied Time Series Analysis” students should be able to understand and to use modern time series techniques in empirical research. Imparted soft skills: Analytical thinking, Independent studying and learning, Critical thinking Faculty of Management and Economics RUB main campus At least one graduate course in Econometrics. Week1: Introduction Week2: followed by Week3 to the Final Week Prof. Dr. Vasyl Golosnoy 100 10 ECTS MA a) Lecture b) Tutorial 100 % Written exam (90 min) Jan Wüstenfeld: wiwi-international@ruhr-uni-bochum.de https://www.wiwi.ruhr-uni-bochum.de/studium/service.html.de
Advanced StatisticsThis graduate course in statistics concentrates primarily on basic statistical concepts such as random variables and distributions, estimation, testing, asymptotic approximations. Qualification targets: Upon successful completion of the module “Advanced Statistics” students should have a sound theoretical background in statistics which is required in more applied and specialized quantitative courses. Imparted soft skills: Analytical thinking, Independent studying and learning, Critical thinking Faculty of Management and Economics RUB main campus Bachelor courses in Inferential Statistics and Basic Econometrics, background in Mathematical Analysis Week1: Introduction Week2: followed by Week3 to the Final Week Prof. Dr. Vasyl Golosnoy 50 10 ECTS MA a) Lecture b) Tutorial 100 % Written exam (90 min) Jan Wüstenfeld: wiwi-international@ruhr-uni-bochum.de https://www.wiwi.ruhr-uni-bochum.de/studium/service.html.de
Seminar in International EconomicsThe seminar intends to focus on particular aspects of development economics, such as the integration of developing countries into the world economy, poverty and health, governance and institutions, macroeconomic distortions, or civil war. Students will apply analytical tools to understand these issues in developing countries, to examine empirical evidence, and to evaluate policy options for governments in developing countries to enhance growth rates and promote development. Qualification targets: This seminar will deal with major issues in development economics. By enrolling in this seminar, students can broaden their theoretical and empirical knowledge in this field. Imparted soft skills: Analytical thinking, Independent studying and learning, Literature research and documentation, Presentation of scientific results, Presentation techniques/language competencies, Team work and capacity for team work, Critical thinking Faculty of Management and Economics RUB main campus Knowledge of “Growth and Development Economics” is beneficial Week1: Introduction Week2: followed by Week3 to the Final Week Prof. Dr. Matthias Busse 20 5 ECTS MA Block seminar (one weekend) not offered in every semester 50 % Term paper (12-15 pages); 50 % Presentation (20-40 min) Jan Wüstenfeld: wiwi-international@ruhr-uni-bochum.de https://www.wiwi.ruhr-uni-bochum.de/studium/service.html.de