PRINCIPLES OF ECONOMICS II (MACROECONOMICS)
cod. 03935

Academic year 2009/10
2° year of course - First semester
Professor responsible for the course unit
MAGNANI Marco
integrated course unit
10 credits
hub:
course unit
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Course unit structured in the following modules:

Learning objectives

The student will obtain the main tools to understand the main features of an economic system and of its dyamics

Prerequisites

No prerequisite

Course unit content

 Topics in Macroeconomics<br />
1) Short run equilibrium<br />
IS-LM model<br />
2) Economic Policy in the short run<br />
3) Medium run equilibrium<br />
a) Labour market<br />
b) AD-AS mode<br />
c) Phillips curve<br />
4) Long run equilbrium. Solow model<br />
5) Open economy<br />
6) Euro and European Union <br />
7) The macroeconomic effects of the subprime crisis

Full programme

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Bibliography

O. Blanchard, Scoprire la Macroeconomia,volume 1, Quello che non si può non sapere,Il Mulino, 2009, chapters 2 to 8, 10, 11, 13, 14. [In particular: cap. 2 par. 1,2,3,4, cap. 3 par. 1,2,3,4, cap. 4 par 1,2,3,4.1, 4.2, cap. 5 par. 1,2,3 (until pag. 116), cap. 6 par. 2.3, 4,5 cap 7 par.1,2,3,4 (excluding 4.2), 5,6,7, cap.8 par. 1,2, cap. 10 par.1,2,3,4, cap 11 par 1,2 (excluding 2.4), cap. 13 par. 1,2, cap 14, par 1,2,3 (excluding 3.3),4 (until 4.1.)]

Teaching methods

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Assessment methods and criteria

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Other information

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