- Docente: Guglielmo Barone
- Crediti formativi: 10
- SSD: SECS-P/01
- Lingua di insegnamento: Inglese
- Modalità didattica: Convenzionale - Lezioni in presenza
- Campus: Forli
- Corso: Laurea in Scienze internazionali e diplomatiche (cod. 8048)
-
dal 20/02/2023 al 16/05/2023
Conoscenze e abilità da conseguire
The course is an introduction to the study of macroeconomics. It covers the main issues, methods, data, concepts and models. Students will be able and motivated to follow and understand the current debates on macroeconomic issues, as they are reported by the qualified press and media. A special focus will be on understanding and debating the appropriateness of the macroeconomic policies adopted in the Great Recession, and the roles of fiscal and monetary policies for the EU members that have adopted the euro. Students will also be prepared to follow more advanced courses on macroeconomic analysis and policies, should they want to do so in their graduate studies.
Contenuti
Introduction
Data and models
GDP
Classic theory: the economy in the long run
The long run
Income production, distribution and expenditure
Equilibrium in the goods market and in the financial market
The monetary system
Inflation
Unemployment
Labor market reforms in Europe and in Italy
Growth theory: the economy in the very long run
Economic growth and the Solow model: capital accumulation, steady state, policy, golden rule, population dynamics, technological progress, empirics, growth enhancing policies
Endogenous growth
Macroeconomics in the short run and economic policy
Business cycle theory: the economy in the short run
Introduction to short run fluctuations: AD-SRAS-LRAS IS-LM model
Economic policy, shocks, IS-LM and AD
Some case studies: Great depression, Japanese stagnation, Great recession, European sovereign debt crisis, and Covid-19 crisis
Aggregate supply and Phillips curve
Adaptive and rational expectations
Open economy
Open economy: trade balance and net capital outflows
Open economy: real and nominal exchange rate
Mundell-Fleming model
The debate on macroeconomic policy
Debt and deficit
Testi/Bibliografia
Gregory Mankiw and Mark Taylor, Macroeconomics, 2° Edition, European Edition, Macmillan, 2014
Lecture notes at the Virtuale online platform
Metodi didattici
Frontal lectures, exercises
Modalità di verifica e valutazione dell'apprendimento
Three mid-term exams or one total final exam
The maximum possible score is 30 cum laude. The grade is graduated as follows:
<18 failed
18-23 sufficient
24-27 good
28-30 very good
30 cum laude excellent
Strumenti a supporto della didattica
Modern electronic tools
Orario di ricevimento
Consulta il sito web di Guglielmo Barone
SDGs
![Sconfiggere la povertà](https://www.unibo.it/++resource++unibo.didattica/sdg/it/01.jpg?v=2)
![Lavoro dignitoso e crescita economica](https://www.unibo.it/++resource++unibo.didattica/sdg/it/08.jpg?v=2)
![Imprese innovazione e infrastrutture](https://www.unibo.it/++resource++unibo.didattica/sdg/it/09.jpg?v=2)
![Ridurre le disuguaglianze](https://www.unibo.it/++resource++unibo.didattica/sdg/it/10.jpg?v=2)
L'insegnamento contribuisce al perseguimento degli Obiettivi di Sviluppo Sostenibile dell'Agenda 2030 dell'ONU.