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 The teaching unit of Macroeconomics provides an interpretative framework for the determination of the main macroeconomic aggregates such as gross domestic product (GDP), inflation rate, unemployment rate, and interest rate. 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 to determine the main national economic aggregates, by solving numerical and analytical exercises. - Evaluate the effects of fiscal and monetary policies in theoretical and applied contexts, supporting their choices with appropriate technical language - Navigate the current macroeconomic debate through critical analysis of case studies and academic sources. PREREQUISITES Students are supposed to be familiar with the solution methods of first-order linear equations. TEACHING METHODS The teaching unit is delivered through lectures. Attendance is not compulsory, but strongly recommended. Students with certified disabilities, specific learning disorders (SLD), or special educational needs should contact, at the beginning of the lectures, both the instructor and Professor Serena Scotto (scotto@economia.unige.it), the Department's disability liaison, 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 and services III. Financial markets IV. The IS-LM model V. The extended IS-LM model VI. The labour market VII. The Phillips curve, the natural rate of unemployment and the inflation rate VIII. From the short to the medium run: the IS-LM-PC model Further indications will be 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 CLAUDIO ANTONIO GIUSEPPE PIGA Ricevimento: Claudio A. Piga (claudio.piga@unige.it) Office Hours: TUESDAY 10.30 -12.30 (Teams or, prior appointment, in Office at DIEC) LESSONS LESSONS START Lectures will be given in the second semester. The timetable for this course is available here: Portale EasyAcademy 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 to the numerical/analytical exercises in the written exam will be evaluated based on their correctness, the proper use of technical language, and the ability to discuss relevant graphs and diagrams related to the topics covered. Each learning outcome will be assessed through specific questions requiring the application of models, the evaluation of economic policies, and the critical analysis of case studies. 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 published on Aulaweb. Agenda 2030 - Sustainable Development Goals No poverty Quality education Decent work and economic growth Responbile consumption and production