The course is aimed at covering the main issues in the economic and political debate in macroeconomics. By the end of the course, students should be able to follow and understand in detail the economic and political international debates, such as the ones concerning economic growth, business cycles, monetary policy, fiscal policy, exchange rates, labour market dynamics, the discussions about the Euro area, etc. The approach to these topics will cover both analytical and institutional features.
teacher profile teaching materials
1. Introduction to the course and macroeconomics in the short run: chapters from 1 to 6 of the textbook, appendices are excluded;
2. Macroeconomics in the medium run: chapters 7-8-9 of the textbook, appendices are excluded;
3. Macroeconomics in the long run: chapters from 10 to 12 of the textbook, appendices are excluded;
4. The open economy: chapters from 17 to 20 of the textbook, appendices are excluded;
5. Back to policy: chapters 21-22 and 23 of the textbook, appendices are excluded.
TEXTBOOK: Macroeconomics: A European Perspective, 3rd Edition, Olivier Blanchard, Francesco Giavazzi, Alessia Amighini, Pearson University Press, 2017
This course is taught in English.
Programme
The program follows the textbook. Attendance of the seminar “The global financial crisis and its legacy”, given by Dr. Simone Romano, is mandatory and will be part of the overall assessment. The detailed program is as follows:1. Introduction to the course and macroeconomics in the short run: chapters from 1 to 6 of the textbook, appendices are excluded;
2. Macroeconomics in the medium run: chapters 7-8-9 of the textbook, appendices are excluded;
3. Macroeconomics in the long run: chapters from 10 to 12 of the textbook, appendices are excluded;
4. The open economy: chapters from 17 to 20 of the textbook, appendices are excluded;
5. Back to policy: chapters 21-22 and 23 of the textbook, appendices are excluded.
TEXTBOOK: Macroeconomics: A European Perspective, 3rd Edition, Olivier Blanchard, Francesco Giavazzi, Alessia Amighini, Pearson University Press, 2017
This course is taught in English.
Core Documentation
TEXTBOOK: Macroeconomics: A European Perspective, 3rd Edition, Olivier Blanchard, Francesco Giavazzi, Alessia Amighini, Pearson University Press, 2017Reference Bibliography
No additional readings provided.Type of delivery of the course
Classes will take place in the second semester according to the following schedule: Monday 15,30-17,30 [Lecture hall 2B], Tuesday 15,30-17,30 [Lecture hall 2B], Wednesday 15,30-17,30 [Lecture hall 2A],Attendance
ATTENDANCE POLICY: Attendance is mandatory for all classes, including field studies. If a student misses more than three classes in this course, two percentage points will be deducted from the final grade for every additional absence. Any exams, tests,presentations, or other work missed due to student absences can only be rescheduled in cases of documented medical emergencies or family emergencies. The Faculty Committee will only consider extreme emergency cases and will strictly adhere to this policy.Type of evaluation
Assessment is based on two written tests (intermediates) that will take place during the course, homework assignments, and a test regarding the topics object of the seminar. The final evaluation is an average of the grades reported in each of these activities, based on the following weights: 70% for intermediate tests (the grade is the average of the best two results), 15% for the seminar, 15% for homework assignments. The tests aim at verifying analitical competence, including the solution of numerical exercises, as well as critical processing capacity. During the pandemic emergency of COVID-19 the exam will be a written test as provided for in art.1 of Rectoral Decree n.703 of 5 May 2020.