Giuseppe RUSSO | Macroeconomics
Giuseppe RUSSO Macroeconomics
cod. 0212100005
MACROECONOMICS
| 0212100005 | |
| DIPARTIMENTO DI SCIENZE ECONOMICHE E STATISTICHE | |
| EQF6 | |
| BUSINESS ADMINISTRATION | |
| 2017/2018 |
| OBBLIGATORIO | |
| YEAR OF COURSE 2 | |
| YEAR OF DIDACTIC SYSTEM 2016 | |
| PRIMO SEMESTRE |
| SSD | CFU | HOURS | ACTIVITY | |
|---|---|---|---|---|
| SECS-P/01 | 10 | 60 | LESSONS |
| Objectives | |
|---|---|
| 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.STUDENTS WILL LEARN THE METHOD OF MACROECONOMIC ANALYSIS AND POLITICAL ECONOMY (AGGREGATE ECONOMIC VARIABLES, THE PRINCIPLE OF INTERTEMPORAL CHOICES , OPEN AND CLOSED ECONOMY FISCAL AND MONETARY POLICIES |
| Prerequisites | |
|---|---|
| MICROECONOMICS, MATHEMATICS, STATISTICS |
| Contents | |
|---|---|
| NATIONAL ACCOUNTS; THE MAIN ECONOMIC VARIABLES AND ECONOMIC GROWTH IN THE LONG RUN; EFFECTS AND IMPACT OF ECONOMIC POLICY. NATIONAL INCOME DETERMINANTS IN THE SHORT RUN: AGGREGATE DEMAND AND SUPPLY IN CLOSED ECONOMY AND OPEN ECONOMY; EFFECTS AND IMPACT OF ECONOMIC POLICY. AGGREGATE DEMAND COMPONENTS: CONSUMPTION, INVESTMENT, FOREIGN SECTOR, GOVERNMENT EXPENDITURE. MONEY DEMAND AND SUPPLY. |
| Teaching Methods | |
|---|---|
| LECTURES. CASE STUDIES CARRIED OUT BY STUDENTS.WHATSAPP GROUP AVAILABLE TO STUDENTS WHO WANT TO CONTACT THE LECTURER. |
| Verification of learning | |
|---|---|
| THE FINAL EXAM IS A 90 MINUTES LONG WRITTEN TEST WHICH IS CONSIDERED PASSED WITH A MINUMUM SCORE OF 18 OUT OF 30. THE EXAM VERIFIES,IN A CLEAR AND OBJECTIVE MANNER, THAT THE STUDENT HAS REACHED THE REQUESTED LEVEL OF KNOWLEDGE, COMPREHENSION AND WORKING ABILITIES ABOUT THE COURSE CONTENTS, BOTH THEORETICAL AND METHODOGICAL. THE STUDENT WILL FACE A FOURFOLD TEST. THE FIRST FOUR QUESTIONS ARE ABOUT BASIC CONCEPTS AND DEFINITIONS. THE SECOND FOUR QUESTIONS CHALLENGE THE STUDENT INTO ANALYSING A MACROECONOMIC MODEL. THE THIRD FOUR QUESTIONS REQUEST THE STUDENTS TO CHOOSE AN ECONOMIC MODEL IN ORDER TO ANALYSE A GIVEN ECONOMI PROBLEM. THE LAST FOUR QUESTIONS GIVE THE STUDENT THE OPPORTUNITY TO WORK OUT A MORE DETAILED ANALYSIS. |
| Texts | |
|---|---|
| R. HALL, D.H. PAPELL, MACROECONOMICS, SIXTH ED. W.W. NORTON AND COMPANY, INC., NEW YORK . |
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