CODE 103976 ACADEMIC YEAR 2025/2026 CREDITS 9 cfu anno 2 DIRITTO ED ECONOMIA DELLE IMPRESE 11122 (L-14) - LA SPEZIA 9 cfu anno 2 DIRITTO ED ECONOMIA DELLE IMPRESE 11122 (L-18) - LA SPEZIA SCIENTIFIC DISCIPLINARY SECTOR SECS-P/02 LANGUAGE Italian TEACHING LOCATION LA SPEZIA SEMESTER 1° Semester TEACHING MATERIALS AULAWEB OVERVIEW The course of Economic Policy provides the tools to understand the determination of the main macroeconomic aggregates such as the gross domestic product (GDP), the inflation rate, the unemployment rate and the interest rate. The course also aims at analising how the government and the central bank, acting individually or in a coordinated manner, can manage to influence the values assumed by these variables. AIMS AND CONTENT LEARNING OUTCOMES The course offers an analytical framework amied at expressing a judgment about the opportunity and the worth of the public intervention on the economic system relying on the prevailing macroeconomic thoeries. AIMS AND LEARNING OUTCOMES At the end of the lectures, students are assumed to be proficient with macroeconomic modelling and in evaluating fiscal and monetary policies. Students will also learn the jeargon of the discipline. PREREQUISITES Students are supposed to be familiar with the main topics of Economics as well as with the resolution of first-order equations. TEACHING METHODS The course is given through frontal lectures. SYLLABUS/CONTENT The syllabus of the course is the following: I. The main topics of Macroeconomics: definition of output, unemployment and inflation rate II. The market for goods II. Financial markets IV. The IS-LM model V. The extended IS-LM model VI. The labour market VII. The Phillips curve, the natual rate of unemployement and the inflation rate VIII. The IS-LM-PC model IX. Economic growth: an introduction Further indications will be eventually provided during the lectures. RECOMMENDED READING/BIBLIOGRAPHY The textbook is the following: Blanchard, O., Amighini, A., Giavazzi, F. (2024), Macroeconomia: una prospettiva europea (ISBN: 978-88-15-38981-7), edizioni Il Mulino. TEACHERS AND EXAM BOARD MARCO GUERRAZZI Ricevimento: By appointment, send an e-mail to guerrazzi@economia.unige.it LESSONS LESSONS START First semester Class schedule The timetable for this course is available here: Portale EasyAcademy EXAMS EXAM DESCRIPTION The exam is given by a written assessment with open questions and numerical/analytical exercises. ASSESSMENT METHODS The answers to the open questions and the solutions of the numerical/analytical exercises will be evaluated according to their correctness by considering also a proper use of the technical language typical of the subject. FURTHER INFORMATION Any changes will be announced during the lectures and on Aulaweb. Attending the course is not compulsory but it is strongly recommended.
