Giuseppe RUSSO | Macroeconomics
Giuseppe RUSSO Macroeconomics
cod. 0212100005
MACROECONOMICS
0212100005 | |
DIPARTIMENTO DI SCIENZE ECONOMICHE E STATISTICHE | |
BUSINESS ADMINISTRATION | |
2015/2016 |
OBBLIGATORIO | |
YEAR OF COURSE 2 | |
YEAR OF DIDACTIC SYSTEM 2014 | |
PRIMO SEMESTRE |
SSD | CFU | HOURS | ACTIVITY | |
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SECS-P/01 | 10 | 60 | LESSONS |
Objectives | |
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KNOWLEDGE AND UNDERSTANDING: AIM OF THE COURSE IS TO PROVIDE STUDENTS WITH METHODOLOGICAL TOOLS FOR UNDERSTANDING THE MOST WIDESPREAD CONCEPTS OF MACROECONOMIC ANALYSIS. APPLYING KNOWLEDGE AND UNDERSTANDING: AIM OF THE COURSE IS TO PROVIDE STUDENTS WITH THE ABILITY TO INTERPRET MACROECONOMIC ISSUES THROUGH THEORETICAL MODELS AND PRODUCE SIMPLE PREDICTIONS ABOUT ECONOMIC POLICIES. MAKING JUDGEMENTS: WE EXPECT THAT IN MACROECONOMIC ANALYSIS STUDENTS WILL BE ABLE TO CRITICALLY SELECT THE ANALYTICAL MODELS WHICH BEST RESPOND TO THE FEATURES OF THE PROBLEM OBJECT OF STUDY. COMMUNICATION SKILLS: AIM OF THE COURSE IS THAT STUDENTS WILL BE ABLE TO PRESENT TO A NON-TECHNICAL AUDIENCE THE RESULTS OBTAINED. LEARNING SKILLS: AIM OF THE COURSE IS THAT STUDENTS WILL BE ABLE TO APPLY BASIC MACROECONOMIC MODELS AND BE INTRODUCED TO DYNAMIC ANALYSIS. |
Prerequisites | |
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STRAIGHT LINES IN THE X,Y SPACE AND BASIC ELEMENTS OF CALCULUS (SERIES, LIMITS, DERIVATIVES, INTEGRALS). |
Contents | |
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PRINCIPLES 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, GROWTH, PUBLIC DEBT. |
Teaching Methods | |
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LECTURES AND EXERCISES |
Verification of learning | |
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MID-TERM EXAM; WRITTEN AND ORAL FINAL EXAM |
Texts | |
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BLANCHARD O., "MACROECONOMICS", PEARSON EDUCATION INC., PRENTICE-HALL |
More Information | |
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ATTENDANCE TO CLASSES AND PARTICIPATION TO THE MID-TERM EXAM IS WARMLY RECOMMENDED. |
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