Giuseppe RUSSO | Macroeconomics

cod. 0212100005

MACROECONOMICS

	0212100005
	DIPARTIMENTO DI SCIENZE ECONOMICHE E STATISTICHE

	BUSINESS ADMINISTRATION
	2014/2015

PERCORSO COMUNE Cohort 2013/2014

	OBBLIGATORIO
	YEAR OF COURSE 2
	YEAR OF DIDACTIC SYSTEM 2011
	PRIMO SEMESTRE

TEACHING UNITS

	SSD	CFU	HOURS	ACTIVITY	TYPE OF ACTIVITY
	SECS-P/02	10	60	LESSONS	COMPULSORY SUBJECTS, CHARACTERISTIC OF THE CLASS

PROFESSORS

GIUSEPPE RUSSO T Curriculum

SHEET

	Objectives
	THE COURSE FIRST PROVIDES THE STUDENTS WITH THE BASIC TOOLS OF MACROECONOMICS AND INTRODUCES THE ANALYSIS OF MONETARY AND FISCAL POLICIES IN CLOSED AND OPEN ECONOMIES, WITH FIXED AND VARIABLE EXCHANGE RATES. THE REST OF THE COURSE IS DEVOTED TO THE ISSUES OF EXPECTATIONS FORMATION AND PUBLIC DEBT SUSTAINABILITY.

	Prerequisites
	STRAIGHT LINES IN THE X,Y SPACE AND BASIC ELEMENTS OF CALCULUS (SERIES, LIMITS, DERIVATIVES, INTEGRALS).

	Contents
	KEY CONCEPTS OF MACROECONOMICS: OUTPUT, MONEY, INFLATION, UNEMPLOYMENT. THE IS-LM MODEL IN CLOSED AND OPEN ECONOMIES. FISCAL AND MONETARY POLICIES. THE KEYNESIAN MULTIPLIER. MODELS OF LABOUR MARKET AND THE PHILLIPS CURVE, EXPECTATIONS AND THE LUCAS CRITIQUE, CREDIBILITY, PUBLIC DEBT.

	Teaching Methods
	LECTURES AND EXERCISES

	Verification of learning
	MID-TERM EXAM; WRITTEN AND ORAL FINAL EXAM

	Texts
	BLANCHARD O., "MACROECONOMICS", PEARSON EDUCATION INC., PRENTICE-HALL

	More Information
	ATTENDANCE AND PARTICIPATION TO THE MID-TERM EXAM IS WARMLY RECOMMENDED.

BETA VERSION Data source ESSE3 [Ultima Sincronizzazione: 2016-09-30]