08795 - Macroeconomics (O-Z)

Learning outcomes

At the end of the course, students are expected to:
- have the basic analytical tools for understanding the behavior of the economic system as a whole;
- know the fundamental theoretical models for macroeconomics and empirical evidence to support their ability to interpret economic reality;
- know how to apply the theoretical models to the solution of macroeconomic problems;
- understand the relevant aspects of the current political debate on the main economic issues (stabilization policies, limits to growth, international constraints);
- assess the benefits and costs of economic policy measures.

Course contents

First part


the main variables of interest in macroeconomics
the composition of GDP / GDP, basic elements of national accounts
aggregate demand
the financial markets
the IS-LM model
[program until the first PARTIAL TEST]


Second part


Unemployment (models)
Productivity and the breakdown of GDP into capital and labor
The Phillips curve
The models of exogenous economic growth (Harrow-Domar and Solow)
Endogenous economic growth

Readings/Bibliography

•Blanchard, Amighini, Giavazzi: Scoprire la macroeconomia. I quello che non si può non sapere – il Mulino 2016

•Blanchard, Amighini, Giavazzi: Scoprire la macroeconomia. II Un passo in più – il Mulino 2016

Teaching methods

Teaching in class and excitation

Assessment methods

Written exam, same exam for all students.
Partial test on October 29th


Oral exam for those who need credit recognition for exams taken abroad.

Teaching tools

Slides at 
https://sites.google.com/view/andreagentili/teaching

Links to further information

https://sites.google.com/view/andreagentili/teaching

Office hours

See the website of Andrea Gentili