|SCIENTIFIC DISCIPLINARY SECTOR||SECS-P/01|
|SECTIONING||This unit is divided into 4 sections:|
Prerequisites (for future units)
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. 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.
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, 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.
Office hours: Wednesday 10.30
ANNA BOTTASSO (President)
Written assessment. Should the Covid emergency persist, see aulaweb
Written exam with open questions and numerical/analytical exercises, besides multiple choice questions