BUSINESS ADMINISTRATION | Macroeconomics

cod. 0212100005

MACROECONOMICS

	0212100005
	DIPARTIMENTO DI SCIENZE ECONOMICHE E STATISTICHE
	EQF6
	BUSINESS ADMINISTRATION
	2016/2017

PERCORSO COMUNE Cohort 2015/2016

	OBBLIGATORIO
	YEAR OF COURSE 2
	YEAR OF DIDACTIC SYSTEM 2014
	PRIMO SEMESTRE

TEACHING UNITS

	SSD	CFU	HOURS	ACTIVITY	TYPE OF ACTIVITY
	SECS-P/01	10	60	LESSONS	COMPULSORY SUBJECTS, CHARACTERISTIC OF THE CLASS

	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.

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

	Contents
	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.