| THIS COURSE IS AN INTRODUCTION ON MACROECONOMIC THEORY. THE STUDENT WILL ACQUIRE THE FUNDAMENTAL METHODOLOGICAL TOOLS AND KNOWLEDGE OF BASIC THEORETICAL MODELS USEFUL TO UNDERSTAND: (I) THE FUNCTIONING OF A SYSTEM COMPOSED OF THE GOODS MARKET, THE FINANCIAL MARKETS AND THE LABOR MARKET, IN CLOSED ECONOMIES AND IN OPEN ECONOMIES TO INTERNATIONAL TRADE AND IN DIFFERENT TIME HORIZONS; (II) THE DIFFERENT ECONOMIC POLICY MEASURES. THE STUDENT WILL BE ABLE TO USE THE BASIC MACROECONOMIC MODELS TO EXPLAIN THE PHENOMENA AND CASES OF AN AGGREGATE SYSTEM, ITS REAL AND FINANCIAL COMPONENTS AND THEIR INTERACTIONS, AND THE INTERVENTIONS AND EFFECTS OF FISCAL AND MONETARY ECONOMIC POLICY. IT WILL ALSO BE ABLE TO SHOW THE RELATIONSHIP BETWEEN EMPIRICAL EVIDENCE AND THEORETICAL REPRESENTATIONS THROUGH CASE STUDIES ON A GLOBAL SCALE AND A COMPARISON BETWEEN DIFFERENT COUNTRIES. |
