Macroeconomics

Adalgiso AMENDOLA Macroeconomics

0212400005
DIPARTIMENTO DI SCIENZE ECONOMICHE E STATISTICHE
ECONOMICS
2015/2016



OBBLIGATORIO
YEAR OF COURSE 2
YEAR OF DIDACTIC SYSTEM 2014
PRIMO SEMESTRE
CFUHOURSACTIVITY
1060LESSONS


Objectives
INTRODUCTORY MACROECONOMICS, WITH EMPHASIS ON INTERNATIONAL MACROECONOMICS.
STUDENTS WULL ACQUIRE: (I) BASIC KNOWLEDGE OF MACROECONOMICS AND ECONOMIC POLICY; (II) ABILITY TO UNDERESTAND MACROECONOMIC FACTS; (III) ABILITY TO EVALUATE THE EFFECTIVENESS OF ECONOMIC POLICY INSTRUMENTS; (IV) ABILITY TO ORGANIZE, BOTH IN WRITTEN AND ORAL FORM, BASIC ANALYSIS OF MAIN MACROECONOMIC RELATIONS; (V) ABILITY TO LEARN HOW SELECTIVELY EVALUATE AND ANALYSE MACROECONOMIC PERFORMANCES, BOTH AT A NATIONAL AND AT INTERNATIONAL LEVEL.
Prerequisites
BASIC KNOWLEDGE OF MICROECONOMICS AND SOME QUANTITATIVE METHODS
Contents
(1) INTRODUCTION TO MACROECONOMICS, (2) THE SHORT TERM: GOODS MARKET, FINANCIAL MARKETS, THE IS-LM MODEL; (3) THE MEDIUM TERM: LABOUR MARKET, THE AD-AS MODEL, UNEMPLOYMENT AND INFLATION, MONEY AND INFLATION; (4) OPEN ECONOMICS MACROECONOMICS: BALANCE OF PAYMENTS AND EXCHANGE RATE, THE IS-LM MODEL IN OPEN ECONOMICS, INTERNATIONAL ECONOMIC; (5) EXCHANGE RATE AND CURRENCY CRISIS; (6) THE INTERNATIONAL MONETARY SYSTEM AND THE CRISIS.
Teaching Methods
LECTURES: ANALYSIS AND DISCUSSION OF THEORETICAL MODELS
TUTORIALS: APPLICATIONS AND EXSERCISES
SEMINARS: DISCUSSION OFCASE STUDIES
Verification of learning
FINAL EXAM: WRITTEN TEST AND ORAL EXAM
Texts
BLANCHARD, AMIGHINI, GIAVAZZI (2013), MACROECONOMICS: A EUROPEAN PERSPECTIVE,PEARSON EDUCATION LIMITED, CAPP. 1-12 (PP. 2-283) AND CAPP. 19,20 (PP. 424-471).
More Information
FURTHER BIBLIOGRAPHIC REFERENCES AND TRAINING MATERIALS WILL BE AVAILABLE ON-LINE
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