CODE 57133 ACADEMIC YEAR 2020/2021 CREDITS 10 cfu anno 2 SCIENZE POLITICHE E DELL'AMMINISTRAZIONE 8776 (L-16) - GENOVA 10 cfu anno 2 SCIENZE INTERNAZIONALI E DIPLOMATICHE 8768 (L-36) - GENOVA 10 cfu anno 2 SCIENZE POLITICHE E DELL'AMMINISTRAZIONE 8776 (L-36) - GENOVA SCIENTIFIC DISCIPLINARY SECTOR SECS-P/02 LANGUAGE Italian TEACHING LOCATION GENOVA SEMESTER 1° Semester PREREQUISITES Propedeuticità in ingresso Per sostenere l'esame di questo insegnamento è necessario aver sostenuto i seguenti esami: International and Diplomatic Sciences 8768 (coorte 2019/2020) MICROECONOMICS 56962 2019 POLITICAL SCIENCE AND ADMINISTRATION 8776 (coorte 2019/2020) MICROECONOMICS 57027 2019 Propedeuticità in uscita Questo insegnamento è propedeutico per gli insegnamenti: International and Diplomatic Sciences 8768 (coorte 2019/2020) INTERNATIONAL ECONOMICS 73599 TEACHING MATERIALS AULAWEB OVERVIEW The course is an introduction to the study of macroeconomics. It covers the main issues, methods, data, concepts and models. Students will be able and motivated to follow and understand the current debates on macroeconomic issues, as they are reported by the qualified press and media. A special focus will be on understanding and debating the appropriateness of the macroeconomic policies adopted in the Great Recession. AIMS AND CONTENT AIMS AND LEARNING OUTCOMES At the end of the course, the student will have acquired a fundamental knowledge of all the major themes of modern macroeconomic equilibrium theory in the long-run. PREREQUISITES The course assumes a basic knowledge of microeconomics, such as the theory of the consumer, producer theory, and the foundations of mathematical analysis. TEACHING METHODS lectures and exercises SYLLABUS/CONTENT Introduction: course syllabus and scope. Definition of GDP. Aggregate supply and effective demand. Equilibrium Consumption, Investment, Government Expenditure Savings and Investment Money supply and money demand Financial markets. The Central Bank The IS and LM curves: meaning and warnings Financial markets The labour market. The bargaining process The price level The short-run and long-run: what these terms mean The aggregate supply and aggregate demand curves The Phillips curve and inflation The Okun’s law The long-run theory: the aggregate production function and steady states Expectations: nominal and real interest rates The open economy Capital movements The exchange rate and exchange rate regimes RECOMMENDED READING/BIBLIOGRAPHY MANKIW G. e TAYLOR M., Macroeconomia, Zanichelli, Bologna, latest edition. E Seghezza, L'evoluzione del sistema monetario internazionale. Il ruolo della domanda di innovazioni e della produzione di fiducia, Rubettino Università. TEACHERS AND EXAM BOARD ELENA SEGHEZZA Ricevimento: http://www.economia.unige.it/index.php/il-dipartimento/personale/docenti-ad-economia/318-elena-seghezza Exam Board FABRIZIO GAZZO (President) ELENA SEGHEZZA (President) ARIANNA AIMAR ALESSIA BRUZZO LUIGI ODDO GIOVANNI BATTISTA PITTALUGA ANDREA VINDIGNI LESSONS LESSONS START Second semester Class schedule MACROECONOMICS EXAMS EXAM DESCRIPTION Written and oral exam ASSESSMENT METHODS At the end of the course, the student will have acquired a fundamental knowledge of all the major themes of modern macroeconomic equilibrium theory in the long-run. Exam schedule Data appello Orario Luogo Degree type Note 19/01/2021 11:00 GENOVA Orale 08/02/2021 11:00 GENOVA Orale 25/05/2021 11:00 GENOVA Scritto 15/06/2021 11:00 GENOVA Scritto 13/07/2021 11:00 GENOVA Scritto 15/09/2021 14:30 GENOVA Scritto FURTHER INFORMATION Assiduous frequancy and consultation of the aula web.
