6 credits during the 1st year of 8698 Maritime, Logistics and Transport Economics and Business (L-18) GENOVA
6 credits during the 1st year of 8699 Economics (L-33) GENOVA
The course aims at providing a macroeconomic model for the joint determination of income, employment, interest rate, rate of unemployment and inflation rate prevailing in a certain economy.
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
Students are expected to be proficient with macroeconomic modelling.
Part I: Definition of income, interest rate, unemployment rate and inflation rate.
Part II: The market for goods
Part III: Financial markets
Part IV: The IS-LM model
Part V: The extended IS-LM model
Part VI: The labour market
Part VII: The Phillips curve
Part VIII: The IS-LM-PC model
Blanchard O., Amighini A. and F. Giavazzi, Scoprire la macroeconomia, Vol. 1, Mulino Ed. 2016, ISBN 978-88-15-26572-2
Further teaching material provided during the lectures
Ricevimento: By appointment, send an e-mail to firstname.lastname@example.org
MARCO GUERRAZZI (President)
MARCO ROBERTO TRONZANO
February 25 - May 28 2019
Written exam with open questions and numerical/analytical exercises