Acquisition of the basic knowledge of the economic system as a whole, through an educational program that includes both lectures and practical classes. The first part of the course will introduce students to the basic knowledge of macro-economic magnitudes and variables: domestic product, aggregate consumption and investment, employment and unemployment, the general price level, public budget and international commercial flows. In the following part of the course, students will explore and compare the main theoretical interpretations of the working of the macro-economic system and their policy prescriptions.
Curriculum
Canali
teacher profile teaching materials
2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
1) Textbook: Rudiger Dornbusch, Stanley Fischer, Richard Startz, Giuseppe Canullo, Paolo Pettenati, Macroeconomia, 11th or 12th edition (2016, 2020), McGraw-Hill (check the detailed programme for precise indications)
2) Additional teaching material (lecture notes, etc, available on the moodle website)
Programme
1. National accounting system: basic defintions and identities. Main macroeconomic indicators2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
Core Documentation
Compulsory material:1) Textbook: Rudiger Dornbusch, Stanley Fischer, Richard Startz, Giuseppe Canullo, Paolo Pettenati, Macroeconomia, 11th or 12th edition (2016, 2020), McGraw-Hill (check the detailed programme for precise indications)
2) Additional teaching material (lecture notes, etc, available on the moodle website)
Reference Bibliography
optional supplementary readings 3) M.Pivetti, Economia Politica, Laterza, 2002 4) M. Corsi, A. Roncaglia, Nuovi lineamenti di economia politica, Laterza 2017Type of delivery of the course
30 in-person lectures of 2 hours each (60 hours total) and additional tutorials. All lectures and tutorials are delivered in-person, but also provided live-streamed or recorded to students belonging to the categories (identified by the university) who are entitled to themType of evaluation
Written exam with exercises, multiple choice questions and open questions. Oral exam a few days later teacher profile teaching materials
2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
The Text: Lezioni di Macroeconomia, elementi di base, di Antonella Stirati; 13 capitoli in PDF available online on moodle or at the library
Or, alternatively,
D. Delli Gatti, Marco Gallegati e Mauro Gallegati
Macroeconomia - Fatti, teorie e politiche,
4° edit, Giappichelli 2019: Chapts 1 to 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6 - 6.9); in addition: parr 8.1 e 8.2; 9.6 e 9.7; CHAPT. 10 (except par. 10.4)
or
D. Delli Gatti, Marco Gallegati e Mauro Gallegati, Macroeconomia - Fatti, teorie e politiche, 5° edit., Giappichelli 2020:
Chapt. da 1 - 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6-6.9 and 6.A);
ChAPT. 8 parr 8.1, 8.2, 8.6; CHAPT 10 par 10.6; CHAPT 11(except parr. 11.4 e 11.A)
PLUS Hand-outs for the course available online and at the library
Programme
The Economic system. Definitions and measurement of the main macroeconomic aggregates2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Core Documentation
The Text: Lezioni di Macroeconomia, elementi di base, di Antonella Stirati; 13 capitoli in PDF available online on moodle or at the library
Or, alternatively,
D. Delli Gatti, Marco Gallegati e Mauro Gallegati
Macroeconomia - Fatti, teorie e politiche,
4° edit, Giappichelli 2019: Chapts 1 to 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6 - 6.9); in addition: parr 8.1 e 8.2; 9.6 e 9.7; CHAPT. 10 (except par. 10.4)
or
D. Delli Gatti, Marco Gallegati e Mauro Gallegati, Macroeconomia - Fatti, teorie e politiche, 5° edit., Giappichelli 2020:
Chapt. da 1 - 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6-6.9 and 6.A);
ChAPT. 8 parr 8.1, 8.2, 8.6; CHAPT 10 par 10.6; CHAPT 11(except parr. 11.4 e 11.A)
PLUS Hand-outs for the course available online and at the library
Type of delivery of the course
lectures and classesType of evaluation
written exams with multiple choice questions, open questions and one exerciseCanali
teacher profile teaching materials
2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
1) Textbook: Rudiger Dornbusch, Stanley Fischer, Richard Startz, Giuseppe Canullo, Paolo Pettenati, Macroeconomia, 11th or 12th edition (2016, 2020), McGraw-Hill (check the detailed programme for precise indications)
2) Additional teaching material (lecture notes, etc, available on the moodle website)
Programme
1. National accounting system: basic defintions and identities. Main macroeconomic indicators2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
Core Documentation
Compulsory material:1) Textbook: Rudiger Dornbusch, Stanley Fischer, Richard Startz, Giuseppe Canullo, Paolo Pettenati, Macroeconomia, 11th or 12th edition (2016, 2020), McGraw-Hill (check the detailed programme for precise indications)
2) Additional teaching material (lecture notes, etc, available on the moodle website)
Reference Bibliography
optional supplementary readings 3) M.Pivetti, Economia Politica, Laterza, 2002 4) M. Corsi, A. Roncaglia, Nuovi lineamenti di economia politica, Laterza 2017Type of delivery of the course
30 in-person lectures of 2 hours each (60 hours total) and additional tutorials. All lectures and tutorials are delivered in-person, but also provided live-streamed or recorded to students belonging to the categories (identified by the university) who are entitled to themType of evaluation
Written exam with exercises, multiple choice questions and open questions. Oral exam a few days later teacher profile teaching materials
2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
The Text: Lezioni di Macroeconomia, elementi di base, di Antonella Stirati; 13 capitoli in PDF available online on moodle or at the library
Or, alternatively,
D. Delli Gatti, Marco Gallegati e Mauro Gallegati
Macroeconomia - Fatti, teorie e politiche,
4° edit, Giappichelli 2019: Chapts 1 to 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6 - 6.9); in addition: parr 8.1 e 8.2; 9.6 e 9.7; CHAPT. 10 (except par. 10.4)
or
D. Delli Gatti, Marco Gallegati e Mauro Gallegati, Macroeconomia - Fatti, teorie e politiche, 5° edit., Giappichelli 2020:
Chapt. da 1 - 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6-6.9 and 6.A);
ChAPT. 8 parr 8.1, 8.2, 8.6; CHAPT 10 par 10.6; CHAPT 11(except parr. 11.4 e 11.A)
PLUS Hand-outs for the course available online and at the library
Programme
The Economic system. Definitions and measurement of the main macroeconomic aggregates2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Core Documentation
The Text: Lezioni di Macroeconomia, elementi di base, di Antonella Stirati; 13 capitoli in PDF available online on moodle or at the library
Or, alternatively,
D. Delli Gatti, Marco Gallegati e Mauro Gallegati
Macroeconomia - Fatti, teorie e politiche,
4° edit, Giappichelli 2019: Chapts 1 to 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6 - 6.9); in addition: parr 8.1 e 8.2; 9.6 e 9.7; CHAPT. 10 (except par. 10.4)
or
D. Delli Gatti, Marco Gallegati e Mauro Gallegati, Macroeconomia - Fatti, teorie e politiche, 5° edit., Giappichelli 2020:
Chapt. da 1 - 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6-6.9 and 6.A);
ChAPT. 8 parr 8.1, 8.2, 8.6; CHAPT 10 par 10.6; CHAPT 11(except parr. 11.4 e 11.A)
PLUS Hand-outs for the course available online and at the library
Type of delivery of the course
lectures and classesType of evaluation
written exams with multiple choice questions, open questions and one exerciseCanali
teacher profile teaching materials
2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
1) Textbook: Rudiger Dornbusch, Stanley Fischer, Richard Startz, Giuseppe Canullo, Paolo Pettenati, Macroeconomia, 11th or 12th edition (2016, 2020), McGraw-Hill (check the detailed programme for precise indications)
2) Additional teaching material (lecture notes, etc, available on the moodle website)
Programme
1. National accounting system: basic defintions and identities. Main macroeconomic indicators2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
Core Documentation
Compulsory material:1) Textbook: Rudiger Dornbusch, Stanley Fischer, Richard Startz, Giuseppe Canullo, Paolo Pettenati, Macroeconomia, 11th or 12th edition (2016, 2020), McGraw-Hill (check the detailed programme for precise indications)
2) Additional teaching material (lecture notes, etc, available on the moodle website)
Reference Bibliography
optional supplementary readings 3) M.Pivetti, Economia Politica, Laterza, 2002 4) M. Corsi, A. Roncaglia, Nuovi lineamenti di economia politica, Laterza 2017Type of delivery of the course
30 in-person lectures of 2 hours each (60 hours total) and additional tutorials. All lectures and tutorials are delivered in-person, but also provided live-streamed or recorded to students belonging to the categories (identified by the university) who are entitled to themType of evaluation
Written exam with exercises, multiple choice questions and open questions. Oral exam a few days later teacher profile teaching materials
2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
The Text: Lezioni di Macroeconomia, elementi di base, di Antonella Stirati; 13 capitoli in PDF available online on moodle or at the library
Or, alternatively,
D. Delli Gatti, Marco Gallegati e Mauro Gallegati
Macroeconomia - Fatti, teorie e politiche,
4° edit, Giappichelli 2019: Chapts 1 to 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6 - 6.9); in addition: parr 8.1 e 8.2; 9.6 e 9.7; CHAPT. 10 (except par. 10.4)
or
D. Delli Gatti, Marco Gallegati e Mauro Gallegati, Macroeconomia - Fatti, teorie e politiche, 5° edit., Giappichelli 2020:
Chapt. da 1 - 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6-6.9 and 6.A);
ChAPT. 8 parr 8.1, 8.2, 8.6; CHAPT 10 par 10.6; CHAPT 11(except parr. 11.4 e 11.A)
PLUS Hand-outs for the course available online and at the library
Programme
The Economic system. Definitions and measurement of the main macroeconomic aggregates2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Core Documentation
The Text: Lezioni di Macroeconomia, elementi di base, di Antonella Stirati; 13 capitoli in PDF available online on moodle or at the library
Or, alternatively,
D. Delli Gatti, Marco Gallegati e Mauro Gallegati
Macroeconomia - Fatti, teorie e politiche,
4° edit, Giappichelli 2019: Chapts 1 to 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6 - 6.9); in addition: parr 8.1 e 8.2; 9.6 e 9.7; CHAPT. 10 (except par. 10.4)
or
D. Delli Gatti, Marco Gallegati e Mauro Gallegati, Macroeconomia - Fatti, teorie e politiche, 5° edit., Giappichelli 2020:
Chapt. da 1 - 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6-6.9 and 6.A);
ChAPT. 8 parr 8.1, 8.2, 8.6; CHAPT 10 par 10.6; CHAPT 11(except parr. 11.4 e 11.A)
PLUS Hand-outs for the course available online and at the library
Type of delivery of the course
lectures and classesType of evaluation
written exams with multiple choice questions, open questions and one exerciseCanali
teacher profile teaching materials
2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
1) Textbook: Rudiger Dornbusch, Stanley Fischer, Richard Startz, Giuseppe Canullo, Paolo Pettenati, Macroeconomia, 11th or 12th edition (2016, 2020), McGraw-Hill (check the detailed programme for precise indications)
2) Additional teaching material (lecture notes, etc, available on the moodle website)
Programme
1. National accounting system: basic defintions and identities. Main macroeconomic indicators2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
Core Documentation
Compulsory material:1) Textbook: Rudiger Dornbusch, Stanley Fischer, Richard Startz, Giuseppe Canullo, Paolo Pettenati, Macroeconomia, 11th or 12th edition (2016, 2020), McGraw-Hill (check the detailed programme for precise indications)
2) Additional teaching material (lecture notes, etc, available on the moodle website)
Reference Bibliography
optional supplementary readings 3) M.Pivetti, Economia Politica, Laterza, 2002 4) M. Corsi, A. Roncaglia, Nuovi lineamenti di economia politica, Laterza 2017Type of delivery of the course
30 in-person lectures of 2 hours each (60 hours total) and additional tutorials. All lectures and tutorials are delivered in-person, but also provided live-streamed or recorded to students belonging to the categories (identified by the university) who are entitled to themType of evaluation
Written exam with exercises, multiple choice questions and open questions. Oral exam a few days later teacher profile teaching materials
2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
The Text: Lezioni di Macroeconomia, elementi di base, di Antonella Stirati; 13 capitoli in PDF available online on moodle or at the library
Or, alternatively,
D. Delli Gatti, Marco Gallegati e Mauro Gallegati
Macroeconomia - Fatti, teorie e politiche,
4° edit, Giappichelli 2019: Chapts 1 to 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6 - 6.9); in addition: parr 8.1 e 8.2; 9.6 e 9.7; CHAPT. 10 (except par. 10.4)
or
D. Delli Gatti, Marco Gallegati e Mauro Gallegati, Macroeconomia - Fatti, teorie e politiche, 5° edit., Giappichelli 2020:
Chapt. da 1 - 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6-6.9 and 6.A);
ChAPT. 8 parr 8.1, 8.2, 8.6; CHAPT 10 par 10.6; CHAPT 11(except parr. 11.4 e 11.A)
PLUS Hand-outs for the course available online and at the library
Programme
The Economic system. Definitions and measurement of the main macroeconomic aggregates2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Core Documentation
The Text: Lezioni di Macroeconomia, elementi di base, di Antonella Stirati; 13 capitoli in PDF available online on moodle or at the library
Or, alternatively,
D. Delli Gatti, Marco Gallegati e Mauro Gallegati
Macroeconomia - Fatti, teorie e politiche,
4° edit, Giappichelli 2019: Chapts 1 to 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6 - 6.9); in addition: parr 8.1 e 8.2; 9.6 e 9.7; CHAPT. 10 (except par. 10.4)
or
D. Delli Gatti, Marco Gallegati e Mauro Gallegati, Macroeconomia - Fatti, teorie e politiche, 5° edit., Giappichelli 2020:
Chapt. da 1 - 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6-6.9 and 6.A);
ChAPT. 8 parr 8.1, 8.2, 8.6; CHAPT 10 par 10.6; CHAPT 11(except parr. 11.4 e 11.A)
PLUS Hand-outs for the course available online and at the library
Type of delivery of the course
lectures and classesType of evaluation
written exams with multiple choice questions, open questions and one exerciseCanali
teacher profile teaching materials
2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
1) Textbook: Rudiger Dornbusch, Stanley Fischer, Richard Startz, Giuseppe Canullo, Paolo Pettenati, Macroeconomia, 11th or 12th edition (2016, 2020), McGraw-Hill (check the detailed programme for precise indications)
2) Additional teaching material (lecture notes, etc, available on the moodle website)
Programme
1. National accounting system: basic defintions and identities. Main macroeconomic indicators2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
Core Documentation
Compulsory material:1) Textbook: Rudiger Dornbusch, Stanley Fischer, Richard Startz, Giuseppe Canullo, Paolo Pettenati, Macroeconomia, 11th or 12th edition (2016, 2020), McGraw-Hill (check the detailed programme for precise indications)
2) Additional teaching material (lecture notes, etc, available on the moodle website)
Reference Bibliography
optional supplementary readings 3) M.Pivetti, Economia Politica, Laterza, 2002 4) M. Corsi, A. Roncaglia, Nuovi lineamenti di economia politica, Laterza 2017Type of delivery of the course
30 in-person lectures of 2 hours each (60 hours total) and additional tutorials. All lectures and tutorials are delivered in-person, but also provided live-streamed or recorded to students belonging to the categories (identified by the university) who are entitled to themType of evaluation
Written exam with exercises, multiple choice questions and open questions. Oral exam a few days later teacher profile teaching materials
2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
The Text: Lezioni di Macroeconomia, elementi di base, di Antonella Stirati; 13 capitoli in PDF available online on moodle or at the library
Or, alternatively,
D. Delli Gatti, Marco Gallegati e Mauro Gallegati
Macroeconomia - Fatti, teorie e politiche,
4° edit, Giappichelli 2019: Chapts 1 to 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6 - 6.9); in addition: parr 8.1 e 8.2; 9.6 e 9.7; CHAPT. 10 (except par. 10.4)
or
D. Delli Gatti, Marco Gallegati e Mauro Gallegati, Macroeconomia - Fatti, teorie e politiche, 5° edit., Giappichelli 2020:
Chapt. da 1 - 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6-6.9 and 6.A);
ChAPT. 8 parr 8.1, 8.2, 8.6; CHAPT 10 par 10.6; CHAPT 11(except parr. 11.4 e 11.A)
PLUS Hand-outs for the course available online and at the library
Programme
The Economic system. Definitions and measurement of the main macroeconomic aggregates2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Core Documentation
The Text: Lezioni di Macroeconomia, elementi di base, di Antonella Stirati; 13 capitoli in PDF available online on moodle or at the library
Or, alternatively,
D. Delli Gatti, Marco Gallegati e Mauro Gallegati
Macroeconomia - Fatti, teorie e politiche,
4° edit, Giappichelli 2019: Chapts 1 to 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6 - 6.9); in addition: parr 8.1 e 8.2; 9.6 e 9.7; CHAPT. 10 (except par. 10.4)
or
D. Delli Gatti, Marco Gallegati e Mauro Gallegati, Macroeconomia - Fatti, teorie e politiche, 5° edit., Giappichelli 2020:
Chapt. da 1 - 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6-6.9 and 6.A);
ChAPT. 8 parr 8.1, 8.2, 8.6; CHAPT 10 par 10.6; CHAPT 11(except parr. 11.4 e 11.A)
PLUS Hand-outs for the course available online and at the library
Type of delivery of the course
lectures and classesType of evaluation
written exams with multiple choice questions, open questions and one exerciseCanali
teacher profile teaching materials
2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
1) Textbook: Rudiger Dornbusch, Stanley Fischer, Richard Startz, Giuseppe Canullo, Paolo Pettenati, Macroeconomia, 11th or 12th edition (2016, 2020), McGraw-Hill (check the detailed programme for precise indications)
2) Additional teaching material (lecture notes, etc, available on the moodle website)
Mutuazione: 21210054 MACROECONOMIA in Economia L-33 A - L PALUMBO ANTONELLA
Programme
1. National accounting system: basic defintions and identities. Main macroeconomic indicators2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
Core Documentation
Compulsory material:1) Textbook: Rudiger Dornbusch, Stanley Fischer, Richard Startz, Giuseppe Canullo, Paolo Pettenati, Macroeconomia, 11th or 12th edition (2016, 2020), McGraw-Hill (check the detailed programme for precise indications)
2) Additional teaching material (lecture notes, etc, available on the moodle website)
Type of delivery of the course
30 in-person lectures of 2 hours each (60 hours total) and additional tutorials. All lectures and tutorials are delivered in-person, but also provided live-streamed or recorded to students belonging to the categories (identified by the university) who are entitled to themType of evaluation
Written exam with exercises, multiple choice questions and open questions. Oral exam a few days later teacher profile teaching materials
2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
The Text: Lezioni di Macroeconomia, elementi di base, di Antonella Stirati; 13 capitoli in PDF available online on moodle or at the library
Or, alternatively,
D. Delli Gatti, Marco Gallegati e Mauro Gallegati
Macroeconomia - Fatti, teorie e politiche,
4° edit, Giappichelli 2019: Chapts 1 to 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6 - 6.9); in addition: parr 8.1 e 8.2; 9.6 e 9.7; CHAPT. 10 (except par. 10.4)
or
D. Delli Gatti, Marco Gallegati e Mauro Gallegati, Macroeconomia - Fatti, teorie e politiche, 5° edit., Giappichelli 2020:
Chapt. da 1 - 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6-6.9 and 6.A);
ChAPT. 8 parr 8.1, 8.2, 8.6; CHAPT 10 par 10.6; CHAPT 11(except parr. 11.4 e 11.A)
PLUS Hand-outs for the course available online and at the library
Mutuazione: 21210054 MACROECONOMIA in Economia L-33 M - Z STIRATI ANTONELLA
Programme
The Economic system. Definitions and measurement of the main macroeconomic aggregates2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Core Documentation
The Text: Lezioni di Macroeconomia, elementi di base, di Antonella Stirati; 13 capitoli in PDF available online on moodle or at the library
Or, alternatively,
D. Delli Gatti, Marco Gallegati e Mauro Gallegati
Macroeconomia - Fatti, teorie e politiche,
4° edit, Giappichelli 2019: Chapts 1 to 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6 - 6.9); in addition: parr 8.1 e 8.2; 9.6 e 9.7; CHAPT. 10 (except par. 10.4)
or
D. Delli Gatti, Marco Gallegati e Mauro Gallegati, Macroeconomia - Fatti, teorie e politiche, 5° edit., Giappichelli 2020:
Chapt. da 1 - 6 (except parr. 2.A, 4.3, 5.A, 5.B, and 6.6-6.9 and 6.A);
ChAPT. 8 parr 8.1, 8.2, 8.6; CHAPT 10 par 10.6; CHAPT 11(except parr. 11.4 e 11.A)
PLUS Hand-outs for the course available online and at the library
Type of delivery of the course
lectures and classesType of evaluation
written exams with multiple choice questions, open questions and one exercise