CODE 55648 ACADEMIC YEAR 2025/2026 CREDITS 6 cfu anno 1 ECONOMIA DELLE AZIENDE MARITTIME, LOGISTICA E TRASP. 11872 (L-18 R) - GENOVA 6 cfu anno 1 SCIENZE ECONOMICHE E FINANZIARIE 11946 (L-33 R) - GENOVA 6 cfu anno 1 ECONOMIA AZIENDALE 11871 (L-18 R) - GENOVA SCIENTIFIC DISCIPLINARY SECTOR SECS-P/01 LANGUAGE Italian TEACHING LOCATION GENOVA SEMESTER 2° Semester SECTIONING Questo insegnamento è diviso nelle seguenti frazioni: A B C PREREQUISITES Propedeuticità in ingresso Per sostenere l'esame di questo insegnamento è necessario aver sostenuto i seguenti esami: Business Administration 8697 (coorte 2025/2026) MICROECONOMICS 41126 2025 Maritime, Logistics and Transport Economics and Business 8698 (coorte 2025/2026) MICROECONOMICS 41126 2025 Economics 8699 (coorte 2025/2026) MICROECONOMICS 41126 2025 Propedeuticità in uscita Questo insegnamento è propedeutico per gli insegnamenti: Business Administration 8697 (coorte 2025/2026) ECONOMIC POLICY 64452 Maritime, Logistics and Transport Economics and Business 8698 (coorte 2025/2026) TRANSPORT ECONOMICS 63739 Economics 8699 (coorte 2025/2026) MARKET FORMS, PRICES, AND WAGES 64797 Economics 8699 (coorte 2025/2026) ECONOMIC POLICY 60066 OVERVIEW This teaching unit in Macroeconomics is part of the curriculum and provides tools to understand the determination of the main macroeconomic aggregates such as output (GDP), unemployment, inflation, and interest rates. 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 At the end of the teaching unit, the student will be able to: - Apply integrated macroeconomic models (content) to determine the main national economicaggregates (condition) [Dublin Descriptor 2]; - Evaluate the effects of fiscal and monetary policies (content) in theoretical and applied contexts (condition), justifying choices with coherent arguments (criterion) [Dublin Descriptor 3]; - Critically analyse the current macroeconomic debate (content) using the acquired tools (condition) [Dublin Descriptor 4]. PREREQUISITES Students are expected to have a good knowledge of the techniques for solving first-order equations. TEACHING METHODS The teaching unit is delivered through frontal lectures. Attendance is not compulsory. Students with certified disabilities, specific learning disorders (SLD), or special educational needs should contact both the instructor and the Department's disability liaison, Professor Serena Scotto (scotto@economia.unige.it), at the beginning of the course to agree on teaching and examination arrangements that, while respecting the objectives of the teaching unit, take into account individual learning needs and allow the use of compensatory tools. SYLLABUS/CONTENT The syllabus of the teaching unit is the following: I. The main topics of Macroeconomics: definition of output, unemployment and inflation rate II. The market for goods III. 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 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 Lectures will be given in the second 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. Erasmus students can ask to give the exam in English. ASSESSMENT METHODS The answers to the open questions and the solutions of the numerical/analytical exercises will be evaluated based on their correctness, the proper use of technical language, calculation skills, and the ability to reproduce graphs and diagrams related to the topics covered. FURTHER INFORMATION The program of the course is the same for attending and non-attending students. Any additional information will be provided during lectures and on Aulaweb. Agenda 2030 - Sustainable Development Goals No poverty Quality education Decent work and economic growth Responbile consumption and production