The teaching is organized as follows:

Learning outcomes

Module: Lectures and exercise classes
The aim of the course is to provide students with the tools required for a rigorous analysis of modern macroeconomics.
In order to assess the social relevance of monetary and fiscal policies students should be able to identify and evaluate the economic implications of these policies, their effectiveness and their limits both for what concerns the effects on the goods markets and on the financial markets. These critical evaluations require the application of the macroeconomic models illustrated and analyzed in this course.
In particular we will explore the economic determinants of production, unemployment and inflation in the short, medium and long term, at first considering closed economies and then moving attention to an international context focussing on open economies.
At completion of the course students should be able to:
- Understand the core of macroeconomic analysis and critically apply economic reasoning for the analysis of the economy within a national and an international context.
- Identify the key components of the macroeconomic analysis of the short, medium and long term of the economy.
- Master the basic tools of macroeconomic analysis and apply them for the evaluation of economic policies.

Program

Module:
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Examination Methods

Written exam, including multiple choice test, exercizes and open questions.
Sample copy of exam paper available at the e-learning web page of the module.