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MACROECONOMICS

CODE 55648
ACADEMIC YEAR 2022/2023
CREDITS
  • 6 cfu during the 1st year of 8697 ECONOMIA AZIENDALE(L-18) - GENOVA
  • 6 cfu during the 1st year of 8699 ECONOMIA E COMMERCIO(L-33) - GENOVA
  • 6 cfu during the 1st year of 8698 ECONOMIA DELLE AZIENDE MARITTIME, LOGISTICA E TRASP.(L-18) - GENOVA
  • SCIENTIFIC DISCIPLINARY SECTOR SECS-P/01
    LANGUAGE Italian
    TEACHING LOCATION
  • GENOVA
  • SEMESTER 2° Semester
    SECTIONING This unit is divided into 4 sections:
    PREREQUISITES
    Prerequisites
    You can take the exam for this unit if you passed the following exam(s):
    • Business Administration 8697 (coorte 2022/2023)
    • MICROECONOMICS 41126
    • Maritime, Logistics and Transport Economics and Business 8698 (coorte 2022/2023)
    • MICROECONOMICS 41126
    • Economics 8699 (coorte 2022/2023)
    • MICROECONOMICS 41126
    Prerequisites (for future units)
    This unit is a prerequisite for:
    • Business Administration 8697 (coorte 2022/2023)
    • ECONOMIC POLICY 64452
    • Maritime, Logistics and Transport Economics and Business 8698 (coorte 2022/2023)
    • TRANSPORT ECONOMICS 63739
    • Economics 8699 (coorte 2022/2023)
    • ECONOMIC POLICY 60066
    • MARKET FORMS, PRICES, AND WAGES 64797
    TEACHING MATERIALS AULAWEB

    OVERVIEW

    Course description

    The course aims at providing a macroeconomic model for the joint determination of equilibrium income, employment, interest rate, and inflation in a given economy.

    AIMS AND CONTENT

    LEARNING OUTCOMES

    The course intends to provide some theoretical schemes needed to follow and interpret the dynamics of the main national and international macroeconomic variables.

    AIMS AND LEARNING OUTCOMES

    Students are expected to be proficient with macroeconomic modelling.

    TEACHING METHODS

    Frontal lectures.

    If frontal lectures could not be provided given the current Covid-emergency, on-line lectures will be provided as recently established by the Economics Department Council.

    See also Aulaweb for the latest updates during the academic year.

    SYLLABUS/CONTENT

    Part I: Definition of income, interest rate, unemployment rate and inflation rate.

    Part II: The goods market

    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

    Part IX: The economic crisis induced by Covid

     

    RECOMMENDED READING/BIBLIOGRAPHY

    Blanchard O., Amighini A. and F. Giavazzi, Scoprire la macroeconomia, Vol. 1, Mulino Ed. 2021, ISBN 978-88-15-29016-8.

    Further teaching material will possibly provided during the lectures.

    TEACHERS AND EXAM BOARD

    Exam Board

    MARCO GUERRAZZI (President)

    LESSONS

    LESSONS START

    Sem. II

    February 2022 - May 2022

    Class schedule

    MACROECONOMICS B

    EXAMS

    EXAM DESCRIPTION

    Written assessment.

    ASSESSMENT METHODS

    Written exam with questions mostly focused on theoretical issues.

    Exam schedule

    Date Time Location Type Notes

    FURTHER INFORMATION

    Attendance

    Not required.