Courses

05.08.2025: The exam has been graded, the grades should become available in LSF soon.

The exam review takes place on Tuesday, 12th of August, from 10:00 - 12:00 at Schackstraße 4, Room 413.

If you want to review your exam please write a mail to "gerrit.meyerheim@econ.lmu.de" by Monday, 11th of August, at the latest.

For access to the enrolment key please see the LSF page of the course here.

For details on the course, please see the file "0_organization.pdf". 

Changelog:

16.04.2025: initial upload

22.04.2025: updated S&P 500 figure in "1_ap.pdf"

07.05.2025: fixed typo on slide 71 in "1_ap.pdf"

Der Einschreibeschlüssel ist VWLII

Zur Vorbereitung auf die erste Staatsprüfung im Bereich VWL wird im Sommersemester 2026 ein Examensvorbereitungskurs angeboten. Folgende Inhalte werden schwerpunktmäßig bearbeitet:

Ausgewählte Themen der

-          Wirtschaftspolitik

-          Sozialpolitik

-          Arbeitsmarktökonomie

-          Handelstheorie und -politik

An den beiden Präsenztagen (jeweils Samstag) findet der Kurs von 10.00-17.30 Uhr und in mehreren Zoom-Sessions statt: https://lmu-munich.zoom-x.de/j/63684243540?pwd=0qqfDQEK8TaqqdwOow5oZ2GJTqFvOm.1 

Dozent ist Dr. Philipp Meier.

Bitte beachten: Bei organisatorischen Fragen zum Lehramtsstudium allgemein wenden Sie sich bitte an die zuständige Studienberatung per E-Mail lehramt@som.lmu.de oder über das Kontaktformular, das Sie über die Website https://www.som.lmu.de/studium/studiengaenge/nebenfach_lehramt/lehramtsberatung/index.html aufrufen können.

Critically evaluate trade-offs between approaches
• Task Execution:
1. Manual Adaptation: Students will modify and execute a provided
Python base-script (using scikit-learn).
2. API Integration: Students will pass the identical task to an LLM via
API call.
• Comparative Analysis:
• Evaluate output consistency across different temperatures (0.0 to
1.0).
• Measure alignment between manual labels and LLM-generated
classifications.
• Applied Examples:
• Classification of politicians’ speeches (e.g., sentiment or policy
focus).
• Categorization of news articles into econometric relevant clusters.

Work is a key determinant in shaping people’s life. The choice of a career is a fundamental decision in life, the income derived from work is a crucial determinant of material well-being, losing a job and unemployment are major life shocks. For most, work is the most immediate effect of how the economy affects individuals. From a public perspective, unemployment, (good) job creation and wage inequality are key policy issues.

This course aims to understand the evolution and determinants of labor market inequality in terms of employment, wages, and welfare, and how labor market outcomes are affected by policies and institutions - such as minimum wages, collective bargaining, taxes and transfers, unemployment benefits, or short-time work.