Macroeconomics

Sergio Pietro DESTEFANIS Macroeconomics

0212700008
DIPARTIMENTO DI SCIENZE AZIENDALI - MANAGEMENT & INNOVATION SYSTEMS
EQF6
BUSINESS MANAGEMENT
2017/2018



OBBLIGATORIO
YEAR OF COURSE 2
YEAR OF DIDACTIC SYSTEM 2014
SECONDO SEMESTRE
CFUHOURSACTIVITY
1060LESSONS
Objectives
STUDENTS WILL GAIN A SET OF BASIC ANALYTICAL TOOLS TO INTERPRET THE ECONOMY FROM THE STANDPOINT OF AGGREGATE PROCESSES: ECONOMIC FLUCTUATIONS AND LONG-TERM ECONOMIC GROWTH. THROUGH FRONTAL TEACHING AND CLASSES STUDENTS WILL BE GRADUALLY BROUGHT TO THE CAPABILITY OF UNDERSTANDING AGGREGATE ECONOMIC PHENOMENA.
THROUGH INTERACTION WITH THE TEACHER AND CLASSES, STUDENTS WILL BE ABLE TO ENACT A GRADUAL AND CONSTANT CONTROL ON THEIR LEARNING CURVE.
Prerequisites
MICROECONOMICS (MANDATORY)
Contents
- INTRODUCTION TO THE THEMES OF MACROECONOMICS; SOME REAL CASES AND PROBLEMS ON A GLOBAL SCALE AND IN A COMPARATIVE PERSPECTIVES
- THE MACROECONOMIC DATA
- CLASSIC MACROECONOMICS: NATIONAL INCOME; MONETARY SYSTEM; INFLATION; OPEN ECONOMY; UNEMPLOYMENT. CASES
- GROWTH THEORY: CAPITAL ACCUMULATION, DEMOGRAPHIC DYNAMICS, TECHNOLOGICAL PROGRESS AND INNOVATION. ECONOMIC GROWTH POLICY. CASES
- CYCLICAL FLUCTUATIONS: AGGREGATE DEMAND AND AGGREGATE SUPPLY
- AGGREGATE DEMAND: THE IS-LM MODEL; AGGREGATE DEMAND: IS-LM MODEL APPLICATIONS
- AGGREGATE SUPPLY AND SHORT-TERM TRADE-OFFS BETWEEN INFLATION AND UNEMPLOYMENT. CASES
- AN OVERVIEW ON POLICIES. PUBLIC DEBT
Teaching Methods
LECTURES; CLASSES AIMED TO CORRECT THE SETS OF QUESTIONS AND EXERCISES DISTRIBUTED DURING THE COURSE, AND TO DISCUSS SOME REAL CASES.
Verification of learning
THE LEVEL OF ACHIEVEMENT OF THE TEACHING OBJECTIVES IS CERTIFIED BY PASSING AN EXAM: THE EVALUATION IS BASED ON A SCALE FROM 18 TO 30. THE FINAL EXAM IS A WRITTEN TEST THAT IS PROPEDEUTIC TO THE ORAL EXAM. THE WRITTEN TEST (DURATION TWO HOURS) IS PASSED WITH A MINIMUM SCORE OF 18/30. IT IS ARTICULATED INTO THREE PARTS: TRUE/FALSE QUESTIONS; MULTIPLE ANSWER QUESTIONS TO BE EXPLAINED IN DETAIL AND NUMERIC EXERCISES. THE QUESTIONS ASKED ARE SIMILAR TO THOSE PRESENTED DURING THE COURSE. THE ORAL TEST CONSISTS OF A DISCUSSION ON THE THEORETICAL AND METHODOLOGICAL CONTENT OF THE COURSE. IT IS AIMED AT VERIFYING THE KNOWLEDGE OF SPECIFIC TOPICS AND TO LINK INDIVIDUAL ARGUMENTS AND MODELS OF ANALYSIS, AND THE ABILITIES TO ARGUE. THE EVALUATION OF THE ORAL TEST RANGES FROM A MINIMUM OF -3 POINTS (NEGATIVE SCORE) UP TO A MAXIMUM OF 3 POINTS. THE FINAL EVALUATION IS CALCULATED AS THE SUM OF THE SCORES FROM THE WRITTEN TEST AND THE ORAL TEST.
Texts
N.G. MANKIW, M.P. TAYLOR, (2015), MACROECONOMIA, ED. ZANICHELLI, TORINO, SESTA EDIZIONE, CAPP. 1-12, 14-16
More Information
FREQUENCY NOT MANDATORY, BUT RECOMMENDED. FURTHER INFORMATION AND MATERIALS WILL BE AVAILABLE ON THE TEACHER'S WEB PAGE.
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