Silhouette Universität Witten/Herdecke
Faculty of Management and Economics

    Chair of Macroeconomics and International Economics

    Chair Dr. André Schmidt (r.) and his team
    Chair Dr. André Schmidt (r.) and his team
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    The Chair of Macroeconomics and International Economics explores macroeconomic correlations.

    Our focus is on macroeconomics based on institutional economics, and we enquire into suitable institutional arrangements generating stable and sustainable economic growth. In addition, the Chair pursues application-oriented research on relevant economic policy issues at the national, European and international level. We strive for close co-operation with national and international institutions, other universities and companies.

    Linking theory and practice
    Our research questions
    Our objectives

    Economic action is always embedded in social and political contexts. Our teaching therefore focuses on gaining insight into these mutual correlations. Students shall be enabled to identify these correlations and assess the complexity of an economic system. The following questions are of interest in this context:

    • How does an economic system work?
    • How do changes in the behaviour of economic units affect macroeconomic development?
    • Which rooms for manoeuver resulting from these changes ensue for economic policies?
    • How can economic policy be legitimized?
    • Which correlation exists between the political and the economic sphere?
    • What is the point of having international organizations?
    • How do financial and monetary crises arise?
    • Which opportunities and risks are involved in the international division of labor?

    Our scientific work also focuses on the research of macroeconomic developments and their influence on financial markets. Within this research context, we closely collaborate with various actors in financial markets, in particular with banks and insurance companies, in order to considerably contribute to theory-practice interaction.

    Current research topics of the chair:

    • Debt crisis in the European Monetary Union
    • Consequences of the policy of low interest rates for the financial markets
    • Macroeconomic dimensions of competition policy
    • Institutional divergence and convergence

    Selected research projects

    Consequences of the policy of low interest rates for financial markets and macroeconomic development
    Institutional divergence and convergence
    Univ.-Prof. Dr. Andre Schmidt

    Univ.-Prof. Dr.
    Andre Schmidt

    Fakultät für Wirtschaftswissenschaft
    Lehrstuhl für Makroökonomik und internationale Wirtschaft
    Lehrstuhlinhaber

    Stefanie Anis

    Stefanie Glisovic

    Fakultät für Wirtschaftswissenschaft
    Lehrstuhl für Makroökonomik und internationale Wirtschaft
    Sekretariat