Course description
The course aims at providing a macroeconomic model for the joint determination of income, employment, interest rate, rate of unemployment and inflation rate prevailing in a certain economy.
The course intends to provide some theoretical schemes needed to follow and interpret the dynamics of the main national and international macroeconomic variables.
Students are expected to be proficient with macroeconomic modelling.
Frontal lectures.
Part I: Definition of income, interest rate, unemployment rate and inflation rate.
Part II: The market for goods
Part III: Financial markets
Part IV: The IS-LM model
Part V: The extended IS-LM model
Part VI: The labour market
Part VII: The Phillips curve
Part VIII: The IS-LM-PC model
Blanchard O., Amighini A. and F. Giavazzi, Scoprire la macroeconomia, Vol. 1, Mulino Ed. 2016, ISBN 978-88-15-26572-2
Further teaching material provided during the lectures
Ricevimento: From February 17 to May 22, 2020: Wednesday, 10:00-12:00 a.m. (by appointment). Other weeks: by appointment only. In case of special requirements, students with disabilities and/or learning disabilities are requested to contact - at the beginning of the semester - the Student Disability Services and the teacher.
CONCETTA MENDOLICCHIO (President)
MAURIZIO CONTI
MARCO ROBERTO TRONZANO
MARCO GUERRAZZI (President)
Sem. II
February 17- May 22, 2020
MACROECONOMICS D
Written assessment
Written exam with open questions and numerical/analytical exercises
Attendance
Not required.
