MACROECONOMICS

Adalgiso AMENDOLA MACROECONOMICS

1222300006
DIPARTIMENTO DI SCIENZE ECONOMICHE E STATISTICHE
GOVERNMENT AND ADMINISTRATION SCIENCES
2015/2016



OBBLIGATORIO
YEAR OF COURSE 1
YEAR OF DIDACTIC SYSTEM 2009
PRIMO SEMESTRE
CFUHOURSACTIVITY
1ECONOMIA POLITICA MOD. 1
530LESSONS
2ECONOMIA POLITICA MOD. 2
530LESSONS
Objectives
INTERMEDIATE MACROECONOMICS, WITH EMPHASIS ON ECONOMIC POLICY IMPLICATIONS FOR OPEN ECONOMIES.
STUDENTS WULL ACQUIRE: (I) KNOWLEDGE OF MACROECONOMICS AND ECONOMIC POLICY AT AN INTERMEDIATE LEVEL; (II) ABILITY TO APPLY MACROMODELS TO ANALIZE SEVERAL ECONOMIC PROBLEMS: CRISIS, INFLATION, UNEMPLOYMENT, PUBLIC DEBT; (III) ABILITY TO FORMULATE INDEPENDENT ASSESSMENTS ON THE RELATIVE EFFECTIVENESS OF DIFFERENT ECONOMIC POLICY INSTRUMENTS; (IV)
ABILITY TO ORGANIZE, BOTH IN WRITTEN AND ORAL FORM, A SYNTHETIC REPORT ON THE PERFORMANCE OF MAIN MACROECONOMIC VARIABLES; (V) ABILITY TO LEARN HOW SELECTIVELY EVALUATE AND ANALYSE MACROECONOMIC PERFORMANCES, BOTH AT A NATIONAL AND INTERNATIONAL LEVEL
Prerequisites
BASIC KNOWLEDGE OF MICROECONOMICS, MACROECONOMICS AND SOME QUANTITATIVE METHODS
Contents
(1) THE AD-AS MODEL: THE FLEXIBLE PRICES BASIC MODEL, THE KEYNESIAN IS-LM NODEL, INFLATION AND UNEMPLOYMENT, THE AD-AS MODEL; (2) OPEN ECONOMY MACROECONOMICS: THE BALANCE OF PAYMENTS AND EXCHANGE RATE, THE IS-LM MODEL IN OPEN ECONOMY, ECONOMIC POLICY IN OPEN ECONOMY; (3) PATHOLOGIES: EXCHANGE RATE AND CURRENCY CRISIS; THE INTERNATIONAL MONETARY SYSTEM AND THE CRISIS; HIGH PUBLIC DEBT; (4) ECONOMIC POLICY: THE ROLE OF ECONOMIC POLICY; MONETARY POLICY; (5) CHANGING EUROPE: THE EMU, THE EURO.
Teaching Methods
LECTURES: ANALYSIS AND DISCUSSION OF THEORETICAL MODELS
TUTORIALS: APPLICATIONS AND EXSERCISES AND CASE STUDIES
SEMINARS: DISCUSSION OF CASE STUDIES
Verification of learning
ALF TERM EXAM (OPTIONAL): WRITTEN TEST AND EXERCISES
FINAL EXAM: WRITTEN TEST AND ORAL EXAM
Texts
1. BLANCHARD, AMIGHINI, GIAVAZZI (2013), MACROECONOMICS. AN EUROPEAN PERSPECTIVE, PEARSONS EDUCATION, CAPP. 1-24 (PP. 1-624)
More Information
FURTHER BIBLIOGRAPHIC REFERENCES AND TRAINING MATERIALS WILL BE AVAILABLE ON-LINE
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