Learning objectives
The student will obtain the main tools to understand the main features of an economic system and of its dyamics
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
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.)]