Studying at the University of Verona
Here you can find information on the organisational aspects of the Programme, lecture timetables, learning activities and useful contact details for your time at the University, from enrolment to graduation.
Study Plan
The Study Plan includes all modules, teaching and learning activities that each student will need to undertake during their time at the University.
Please select your Study Plan based on your enrollment year.
1° Year
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2° Year activated in the A.Y. 2024/2025
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1 module among the following
3° Year It will be activated in the A.Y. 2025/2026
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2 modules among the following
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1 module among the following
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2 modules among the following
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Legend | Type of training activity (TTA)
TAF (Type of Educational Activity) All courses and activities are classified into different types of educational activities, indicated by a letter.
Macroeconomics (2023/2024)
Teaching code
4S00242
Academic staff
Coordinator
Credits
9
Also offered in courses:
- Macroeconomics of the course Bachelor's degree in Business Innovation and Economics
Language
Italian
Scientific Disciplinary Sector (SSD)
SECS-P/01 - ECONOMICS
Period
Secondo semestre (lauree) dal Feb 26, 2024 al May 31, 2024.
Courses Single
Authorized
Learning objectives
The course aims at introducing students to the fundamental topics of macroeconomics. This discipline deals with the aggregate functioning of economic systems determined by the collective behaviour of consumers and firms, by the state intervention on the economy and by the international relations with the rest of the world. The course provides students also with a knowledgeable understanding of the scientific language and methodology adopted by macroeconomics. Its theory is made up of mathematical tools and models which formalizes domestic and international mechanisms behind the functioning of aggregate markets of goods, money and labour, since their interaction determines the level of national income, employment, and prices.
The course shall also deal with the new evolving international macroeconomic scenarios and the impact of innovation and technological progress on the long run economic growth of countries.
Speech by invited academic and business experts shall supplement the regular lectures and upon completion of the course, students will be able to make use of such analytical tools to understand and interpret the factors steering the evolution of economic systems at aggregate national, international and European level and to evaluate the macroeconomic effects of Central Bank and fiscal policy interventions.
Prerequisites and basic notions
Knowledge of the basics of linear algebra: solution of linear equations and systems of linear equations; graphical representation of linear and hyperbolic functions
Program
opics of the course (taught in Italian language) are:
1. Survey of the main schools of economic thought .
2. National accounting.
3. Aggregate demand and the income multiplier.
4. The IS-LM model in a closed economy
5. Consumption, investment and government expenditure
6. Aggregate demand and supply.
7. Inflation and unemployment.
8. Macroeconomics of the European Union
8. Open economy macroeconomics.
The course is divided into three parts:
(i) models for the determination of output and employment in the short term, even in an open economy;
(ii) medium-term models for the analysis of inflation and the cyclic changes in production;
(iii) International macroeconomic models: interdependence, constraints and new trends of the World economy
Bibliography
Didactic methods
Teaching method of the course is classroom lesson in which the topics of macroeconomic theory will be developed. . Classroom exercises and expert testimonials will be added to the lectures. The University e-learning platform will be used to make the materials used in the exercises and other readings useful for understanding the subject available to students.
Textbooks are: G. TONDINI, Training and distribution of wealth in the different schools of thought, Aracne Roma, 2006.
DORNBUSCH, FISCHER, STARTZ, CANULLO, PETTENATI, Macroeconomics, McGraw-Hill Higher Education Italy, Milan, 2020, 12th ed. Chapters: 1,2,4,5,6,7,8 (except appendix), 9 (paragraph 9.1 only), 10,13,15.
Learning assessment procedures
The final assessment test consists of a written exam with open questions on the macroeconomic theories explained in the course. Students will be able to carry out an intermediate test on the program of the course explained in the first five weeks of lessons. Students who pass the intermediate test will be able to complete the exam on the rest of the program in the first session of the summer session.
Evaluation criteria
In the exam, the student will have to demonstrate the mastery of the logical reasoning of macroeconomics and the ability to use the graphic and mathematical formalizations of the main short, medium and long term macroeconomic models. The final grade will take into account the accuracy and completeness of the answers given to the exam questions. When in the answer it is necessary to use formulas and/or figures, clear definition of variables ie required and the economic meaning of figures has to be clearly explained
Criteria for the composition of the final grade
The final grade will be given by the average of the partial marks obtained by the student on each question. Each answer can obtain a mark in the range 0-30. In the case of participation in the intermediate tests, the final mark will be given by the average of the marks obtained in the two parts.
Exam language
Italiano