08795 - Macroeconomics (A-E)

Academic Year 2022/2023

  • Moduli: Emanuele Bacchiocchi (Modulo 1) Vincenzo Scrutinio (Modulo 2)
  • Teaching Mode: Traditional lectures (Modulo 1) Traditional lectures (Modulo 2)
  • Campus: Bologna
  • Corso: First cycle degree programme (L) in Political, Social and International Sciences (cod. 8853)

Learning outcomes

At the end of the course the student will:

- manage the basic analytical tools for the comprehension of the economic system as a whole;

- know the fundamental theoretical macroeconomic models and the empirical evidence supporting the interpretation of the economic reality;

- know how to apply the theoretical models to solve macroeconomic models;

- understand the relevant aspects of the political debate concerning the main economic issues (stabilization policies, economic growth, international constraints);

- know how to evaluate costs and benefits of economic policy strategies

Course contents

  • Macroeconomics as a science
  • Macroeconomic data
  • National income: basic model
  • Monetary system and inflation
  • Unemployment
  • Introduction to economic fluctuations
  • Aggregate demand: IS-LM model
  • Open economy and the Mundell-Fleming model
  • Aggregate supply
  • Economic policies
  • Public debt
  • Economic crises

Readings/Bibliography

N. Gregory Mankiw and Mark P. Taylor: "Macroecomics" (last edition)

Teaching methods

Lessons and classes with a teacher assistant.

Assessment methods

Written exam. During the course there will be partial exams (one around the mean of the course and another one at the end), other than final exams.

In case online exams will be envisaged by the University of Bologna, the structure of the written exam remains the same. The exam will be run through Zoom and Exams Online (EOL). Detailed instructions on how to manage and hand in the online exam are available on the course page on the VIRTUALE platform.

The maximum possible score is 30 cum laude, in case all anwers are correct, complete and formally rigorous.

The grade is graduated as follows:

<18: failed
18-23: sufficient
24-27: good
28-30: very good
30 e lode excellent

Teaching tools

Power Point slides available through the online unibo platform.

Office hours

See the website of Emanuele Bacchiocchi

See the website of Vincenzo Scrutinio