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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 income, employment, interest rate, rate of unemployment and inflation rate prevailing in a certain 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. Should the Covid emergency persist, the lectures will be in blended modality, i.e. a mix of frontal and on line lectures. See 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.

    SYLLABUS/CONTENT

    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

     

    RECOMMENDED READING/BIBLIOGRAPHY

    Blanchard O., Amighini A. and F. Giavazzi, Macroeconomia. Una Prospettiva Europea, Il Mulino, 2020.. There are available versions in different languages,, such as Macroeconomics A European Perspective (most recent edition)

    Further teaching material provided during the lectures.

    TEACHERS AND EXAM BOARD

    Exam Board

    ANNA BOTTASSO (President)

    LESSONS

    LESSONS START

    Sem. II

    Class schedule

    MACROECONOMICS A

    EXAMS

    EXAM DESCRIPTION

    Written assessment. Should the Covid emergency persist, see aulaweb

    ASSESSMENT METHODS

    Written exam with open questions and numerical/analytical exercises, besides multiple choice questions

    Exam schedule

    Date Time Location Type Notes

    FURTHER INFORMATION

    Attendance

    Not required.