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. Any changes due to the COVID emergency will be announced on Aulaweb.
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., Giavazzi, F. (2020), Macreconomia. Una Prospettiva Europea. Il Mulino
Further teaching material provided during the lectures on AULAWEB
Ricevimento: Every Wednesday from 11:00 to 13:00
CLAUDIO ANTONIO GIUSEPPE PIGA (President)
MAURIZIO CONTI
CONCETTA MENDOLICCHIO
MARCO ROBERTO TRONZANO
Sem. II
February - May , 2021
MACROECONOMICS D
Written exam. Any changes due to the COVID emergency will be announced on Aulaweb.
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.
Written exam containing open questions and numerical/analytical exercises. There will be no "partial exam".
Attendance
Not required.
