Giuseppe RUSSO | macroeconomics and financial policies
Giuseppe RUSSO macroeconomics and financial policies
cod. 0222200046
MACROECONOMICS AND FINANCIAL POLICIES
| 0222200046 | |
| DIPARTIMENTO DI SCIENZE ECONOMICHE E STATISTICHE | |
| EQF7 | |
| ECONOMICS | |
| 2016/2017 |
| OBBLIGATORIO | |
| YEAR OF COURSE 2 | |
| YEAR OF DIDACTIC SYSTEM 2014 | |
| PRIMO SEMESTRE |
| SSD | CFU | HOURS | ACTIVITY | ||
|---|---|---|---|---|---|
| MACROECONOMIA E POLITICHE FINANZIARIE MOD1 | |||||
| SECS-P/01 | 5 | 30 | LESSONS | ||
| MACROECONOMIA E POLITICHE FINANZIARIE MOD2 | |||||
| SECS-P/02 | 5 | 30 | LESSONS | ||
| Objectives | |
|---|---|
| KNOWLEDGE AND UNDERSTANDING: AIM OF THE COURSE IS TO PROVIDE STUDENTS WITH METHODOLOGICAL TOOLS FOR UNDERSTANDING THE MOST WIDESPREAD CONCEPTS OF DYNAMIC 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 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 ADVANCED MACROECONOMIC MODELS AND BE INTRODUCED TO DOCTORAL STUDIES. |
| Prerequisites | |
|---|---|
| STATIC AND DYNAMIC OPTIMIZATION AND 1ST ORDER DIFFERENTIAL AND DIFFERENCE EQUATIONS |
| Contents | |
|---|---|
| THE COURSE DISCUSSES THE ANALYSIS OF LONG AND SHORT RUN MACROECONOMIC MODELS AND AIMS TO GIVE THE STUDENTS ADVANCED ANALYTICAL TOOLS FOR THE INTERPRETATION OF THE MAIN MACRO-ECONOMIC ISSUES. CLASSES WILL BE ORGAZISED ACCORDING TO THE FOLLOWING SCHEME. 1. ECONOMIC GROWTH - EMPIRICAL REGULARITY - PRODUCTION FUNCTION AND ECONOMIC GROWTH - MODELS WITH EXOGENOUS GROWTH - SOLOW'S GROWTH MODEL - SOLOW'S GROWTH MODEL WITH HUMAN CAPITAL - THE RAMSEY GROWTH MODEL - CONVERGENCE - ENDOGENOUS GROWTH MODELS - TWO-PERIOD MODELS, DEFICITS, RICARDIAN EQUIVALENCE - OLG MODELS 2. MODELS WITH MONEY 3. BUSINESS CYCLE ANALYSIS - EMPIRICAL REGULARITIES - THE REAL BUSINESS CYCLE - FINANCIAL MARKETS AND CRISES. |
| Teaching Methods | |
|---|---|
| LECTURES AND EXERCISES |
| Verification of learning | |
|---|---|
| MID-TERM EXAM AND FINAL EXAM, OR COMPREHENSIVE EXAM |
| Texts | |
|---|---|
| MAIN TEXTBOOKS: HEIJDRA B., VAN DER PLOEG F.: FOUNDATIONS OF MODERN MACROECONOMICS, OXFORD UNIVERSITY PRESS; DAVID ROMER, ADVANCED MACROECONOMICS, MCGRAW-HILL. FURTHER READINGS: BAGLIANO FABIO CESARE, BERTOLA GIUSEPPE, MODELS FOR DYNAMIC MACROECONOMICS, OXFORD UNIVERSITY PRESS. LEONARD DANIEL, VAN LONG NGO, OPTIMAL CONTROL THEORY AND STATIC OPTIMIZATION IN ECONOMICS, CAMBRIDGE UNIVERSITY PRESS. DE LA CROIX DAVID, MICHEL PHILIPPE, A THEORY OF ECONOMIC GROWTH: DYNAMICS AND POLICY IN OVERLAPPING GENERATIONS, CAMBRIDGE UNIVERSITY PRESS. BARRO ROBERT, SALA-I-MARTIN XAVIER, ECONOMIC GROWTH, MIT PRESS. BLANCHARD OLIVIER, FISHER STANLEY, LECTURES ON MACROECONOMICS, MIT PRESS |
| More Information | |
|---|---|
| FURTHER READINGS WILL BE SUGGESTED |
BETA VERSION Data source ESSE3 [Ultima Sincronizzazione: 2019-03-11]
