Hans Gersbach: Catalogue data in Autumn Semester 2023

Name Prof. Dr. Hans Gersbach
FieldMacroeconomics: Innovation and Policy
Address
Makroökonomie, Gersbach
ETH Zürich, LEE F 101
Leonhardstrasse 21
8092 Zürich
SWITZERLAND
Telephone+41 44 632 82 80
E-mailhgersbach@ethz.ch
DepartmentManagement, Technology, and Economics
RelationshipFull Professor

NumberTitleECTSHoursLecturers
363-1136-00LDynamic Macroeconomics, Innovation and Growth
Students who have successfully completed the course "Dynamic Macroeconomics" (364-0559-00L) or
"Economics of Innovation and Growth" (363-0562-01L) can not register for this course.
3 credits2VS. Zelzner, H. Gersbach
AbstractIntroducing dynamic models and workhorses in macroeconomics, understanding the role of innovation and institutions for economic development and discussing policies to foster innovation and economic growth.
Learning objectiveAfter the course, students will be familiar with dynamic general equilibrium theory and the basic workhorse models in macroeconomics. Participants will be able to apply the frameworks to interesting issues, such as innovation and growth. Moreover, students will understand how the world has developed over the last centuries and the proximate and fundamental causes of innovation and economic growth. Students will understand and apply the basic models of economic growth and will be able to identify policies to foster innovation and growth and to reduce the large wealth differences in the world. Finally, they will get an idea how digitization and artificial intelligence might drive economic growth.
Content1. Introduction

2. The Solow Model

3. The Neoclassical Growth Model (with Mathematical Background)

4. Technological Progress and how the World has developed

5. Innovations and Growth (New Growth Theory)

6. Growth Policies and Fundamental Causes for Growth

7. Digitization and Artificial Intelligence
Literature1. Acemoglu, D. (2009): Introduction to Modern Economic Growth. Princeton University Press, Cambridge MA.

2. Stokey, N. and Lucas, R. (1989): Recursive Methods in Economic Dynamics. Harvard University Press, Cambridge, Massachusetts, United States and London, England.

3. Ljungqvist, L. and Sargent, T. (2004): Recursive Macroeconomic Theory, MIT Press, Cambridge, Massachusetts, United States and London, England.

4. Barro, R.J. and X. Sala-i-Martin (2004): Economic Growth. MIT Press.

5. Aghion P. and P. Howitt (1998): Endogenous Growth Theory. MIT Press.

6. Aghion P. and S. Durlauf (eds. 2005): Handbook of Economic Growth. Elsevier, chapter 6.

7. Romer, D. (2001): Advanced Macroeconomics. McGraw-Hill.

8. Bretschger, L. (1999): Growth Theory and Sustainable Development. Edward Elgar.

9. Romer, P. (1990): Endogenous Technological Change, Journal of Political Economy, Vol. 98(5).

10. Aghion, P. and P. Howitt (1992):A Model of Endogenous Growth through Creative Destruction. Econometrica, Vol. 60(2).

11. Lucas, R. (1988): On the Mechanics of Economic Development, Journal of Monetary Economics, Vol. 22.

12. Rebelo, S. (1991): Long-Run Policy Analysis and Long-Run Growth. Journal of Political Economy, Vol. 99(3).

13. Piketty, T. (2014): Capital in the Tewnty-First Century. Harvard University Press, Cambridge, MA.

14. Current Literature on Digitization and Artificial Intelligence
Prerequisites / NoticeStudents who have successfully completed the course "Dynamic Macroeconomics" (364-0559-00L) or "Economics of Innovation and Growth" (363-0562-01L) can not register for this course.
CompetenciesCompetencies
Subject-specific CompetenciesConcepts and Theoriesfostered
Method-specific CompetenciesAnalytical Competenciesfostered
364-0531-00LCER-ETH Research Seminar0 credits2SH. Gersbach, A. Bommier, L. Bretschger
AbstractResearch Seminar of Center of Economic Research CER-ETH
Learning objectiveUnderstanding cutting-edge results of current research in the fields of the CER-ETH Professors.
ContentReferate zu aktuellen Forschungsergebnissen aus den Bereichen Ressourcen- und Umweltökonomie, theoretische und angewandte Wachstums- und Aussenwirtschaftstheorie sowie Energie- und Innovationsökonomie von in- und ausländischen Gastreferierenden sowie von ETH-internen Referierenden.
Prerequisites / NoticeBitte spezielle Ankündigungen beachten.

Studierende des GESS-Pflichtwahlfachs sollten sich vor Beginn mit der Seminarleitung in Verbindung setzen.
CompetenciesCompetencies
Subject-specific CompetenciesConcepts and Theoriesfostered
Techniques and Technologiesfostered
Method-specific CompetenciesAnalytical Competenciesfostered
364-0556-00LDoctoral Workshop: Astute Modelling Restricted registration - show details
Prerequisite: Students are expected to attend the course 364-0559-00L "Dynamic Macroeconomics (Doctoral Course)", before registering for this workshop.
3 credits1GH. Gersbach
AbstractIn this workshop, ongoing research is presented and the criteria and guidelines for astute modelling of economic, political, and social situations are discussed.
Learning objectiveWe will learn how to craft models, how to present our own research and improve our analytical skills.
Prerequisites / NoticeStudents are expected to attend the doctoral course "Macroeconomic Dynamics" before registering for this workshop.
CompetenciesCompetencies
Subject-specific CompetenciesConcepts and Theoriesfostered
Techniques and Technologiesfostered
Method-specific CompetenciesAnalytical Competenciesfostered
364-0581-00LMicroeconomics Seminar (ETH/UZH)
No enrolment to this course at ETH Zurich. Book the corresponding module directly at UZH as an incoming student.
UZH Module Code: 03SMDOEC6089

Mind the enrolment deadlines at UZH:
https://www.uzh.ch/cmsssl/en/studies/application/deadlines.html
0 credits2SH. Gersbach
AbstractResearch Seminar
research papers of leading researchers in Microeconomics are presented and discussed
Learning objectiveResearch Seminar
research papers of leading researchers in Microeconomics are presented and discussed
ContentInvited Speakers present current research in Microeconomics
CompetenciesCompetencies
Subject-specific CompetenciesConcepts and Theoriesfostered
Techniques and Technologiesfostered
Method-specific CompetenciesAnalytical Competenciesfostered
364-1058-00LRisk Center Seminar Series0 credits2SH. Schernberg, D. Basin, A. Bommier, D. N. Bresch, S. Brusoni, L.‑E. Cederman, P. Cheridito, F. Corman, H. Gersbach, C. Hölscher, K. Paterson, G. Sansavini, B. Stojadinovic, B. Sudret, J. Teichmann, R. Wattenhofer, S. Wiemer, R. Zenklusen
AbstractThis course is a mixture between a seminar primarily for PhD and postdoc students and a colloquium involving invited speakers. It consists of presentations and subsequent discussions in the area of modeling complex socio-economic systems and crises. Students and other guests are welcome.
Learning objectiveParticipants should learn to get an overview of the state of the art in the field, to present it in a well understandable way to an interdisciplinary scientific audience, to develop novel mathematical models for open problems, to analyze them with computers, and to defend their results in response to critical questions. In essence, participants should improve their scientific skills and learn to work scientifically on an internationally competitive level.
ContentThis course is a mixture between a seminar primarily for PhD and postdoc students and a colloquium involving invited speakers. It consists of presentations and subsequent discussions in the area of modeling complex socio-economic systems and crises. For details of the program see the webpage of the colloquium. Students and other guests are welcome.
Lecture notesThere is no script, but a short protocol of the sessions will be sent to all participants who have participated in a particular session. Transparencies of the presentations may be put on the course webpage.
LiteratureLiterature will be provided by the speakers in their respective presentations.
Prerequisites / NoticeParticipants should have relatively good mathematical skills and some experience of how scientific work is performed.
364-1090-00LResearch Seminar in Contract Theory, Banking and Money (University of Zurich)
No enrolment to this course at ETH Zurich. Book the corresponding module directly at UZH as an incoming student.
UZH Module Code: 03SMDOEC1096

Mind the enrolment deadlines at UZH: https://www.uzh.ch/cmsssl/en/studies/application/deadlines.html
3 credits2SH. Gersbach, University lecturers
AbstractRecent developments in the fields of contract theory, finance, banking, money and macroeconomics.
Learning objectiveUnderstanding recent developments in the fields of contract theory, finance, banking and macroeconomics.
CompetenciesCompetencies
Subject-specific CompetenciesConcepts and Theoriesfostered
Techniques and Technologiesfostered
Method-specific CompetenciesAnalytical Competenciesfostered