08795 - Macroeconomics

Learning outcomes

The aim of the course is to introduce students to the basic methods and topics of macroeconomic analysis and to ensure their understanding of macroeconomic equilibrium in closed and open economies. At the end of the course the student is able to: -define the main macroeconomic variables; -understand the interaction between the market for goods and for financial assets in closed and open economies; -understand the determinants of aggregate demand and aggregate supply, and of macroeconomic equilibrium in the short and in the long run; -understand the motivation of fiscal and monetary policy and the role of expectations in influencing their impact on the economic system.

Course contents

• La macroeconomia come scienza
• I dati della macroeconomia
• Il reddito nazionale: modello di base
• Il sistema monetario e Inflazione
• La disoccupazione
• Introduzione alle fluttuazioni Economiche
• La domanda Aggregata: modello IS-LM
• Economia Aperta e modello di Mundell-Fleming
• Offerta Aggregata
• Politiche Economiche
• Debito Pubblico
• Le crisi Economiche, Discussione

Readings/Bibliography

"Macroeconomia” di Mankiw (Zanichelli, 7° Edizione)

Anteprima: https://issuu.com/zanichelli_editore/docs/59976_mankiw_sfogliabile

Acemoglu, D., & Restrepo, P. (2019). Automation and new tasks: How technology displaces and reinstates labor. Journal of economic perspectives, 33(2), 3-30.

Daruich, D., Di Addario, S., & Saggio, R. (2023). The effects of partial employment protection reforms: Evidence from Italy. Review of Economic Studies, 90(6), 2880-2942.

Teaching methods

Lectures and exercises in class.

Assessment methods

Written.

Marking:

• <18: insufficient

• 18-23: sufficient

• 24-27: good

• 28-30: very good

• 30 e lode: excellent

Teaching tools

Slides available on Virtuale.

Office hours

See the website of Sara Lazzaroni