ECONOMIC POLICY

ECONOMIC POLICY

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iten
Code
60066
ACADEMIC YEAR
2020/2021
CREDITS
9 credits during the 2nd year of 8699 Economics (L-33) GENOVA
SCIENTIFIC DISCIPLINARY SECTOR
SECS-P/02
LANGUAGE
Italian
TEACHING LOCATION
GENOVA (Economics)
semester
1° Semester
Prerequisites
Teaching materials

OVERVIEW

Course description

The course aims to deal with the role and the effects of fiscal and monetary policy in a modern industrialized economy

AIMS AND CONTENT

LEARNING OUTCOMES

The course aims to deal with the role and the effects of fiscal and monetary policy in a modern industrialized economy

AIMS AND LEARNING OUTCOMES

The student will be able to know and understand the basic theory concerning the Goverment's and Central Banks' intervention on the economy. Moreover, the student should have the skills to solve practical problems, emphasizing the tradeoffs often stemming from each economic choice.

PREREQUISITES

To take the exam, it is compulsory to have passed Macroeconomics and Microeconomics

Teaching methods

The lectures closely follows eleven chapters from Blanchard, Macroeconomics (latest edition). Besides that, each week I will post on aulaweb newspaper articles (whose comprehension will be tested in the exam and that may give up to three additional points in the final assessment) and numerical exercises.

SYLLABUS/CONTENT

 

1. The Long Run

The Facts of Growth

Saving, Capital Accumulation, and Output

Technological Progress and Growth

Technological Progress: The Short, the Medium, and the Long Runs

2. Expectations

Financial Markets and Expectations

Expectations, Consumption, and Investment

Expectations, Output, and Policy

3. The Open Economy

Openness in Goods and Financial Markets

The Goods Market in an Open Economy

Output, the Interest Rate, and the Exchange Rate

Exchange Rate Regimes

4. Back to Policy

Fiscal Policy: A Summing Up

Monetary Policy: A Summing Up

5. The economic consequances of the pandemic

RECOMMENDED READING/BIBLIOGRAPHY

Blanchard, Macroeconomics, latest edition (2020)

TEACHERS AND EXAM BOARD

Ricevimento: In Imperia: Tuesday 2.30 pm (second semester only) In Genoa: Thursday 4:00 pm

Exam Board

GABRIELE CARDULLO (President)

MARCO MAZZOLI

ANNA BOTTASSO

LESSONS

Teaching methods

The lectures closely follows eleven chapters from Blanchard, Macroeconomics (latest edition). Besides that, each week I will post on aulaweb newspaper articles (whose comprehension will be tested in the exam and that may give up to three additional points in the final assessment) and numerical exercises.

LESSONS START

Sem: 1°

mid sept. 2020 

ORARI

L'orario di tutti gli insegnamenti è consultabile su EasyAcademy.

Vedi anche:

ECONOMIC POLICY

EXAMS

Exam description

Written exam. The student is required to answer three questions (one quantitative, the other two qualitiative). There is a fourth, not compulsory, question about one of the readings I will put on aulaweb each week.

Assessment methods

see web site

Exam schedule

Date Time Location Type Notes
09/06/2021 14:00 GENOVA Scritto
25/06/2021 14:00 GENOVA Scritto
09/07/2021 14:00 GENOVA Scritto
03/09/2021 14:00 GENOVA Scritto

FURTHER INFORMATION

Attendance

Not complusory but strongly suggested