88065 - Macroeconomics

Academic Year 2018/2019

  • Docente: Hartmut Lehmann
  • Credits: 10
  • SSD: SECS-P/01
  • Language: English

Learning outcomes

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.

Course contents

Topics are given with corresponding chapters of textbook.

When not differently specified the topic is covered in 2 hours.

Introduction & Data (4 hours lectures) chapters 1 and 2

National Income (4 hours lectures) chapter 3

Money chapter 4 

Inflation chapter 5

Labor market chapter 7 (4 hours lectures)

Introduction into growth (own slides)

Solow model of growth chapter 8 (4 hours lectures)

Endogenous growth models chapter 9

The open economy chapter 6

Business cycles chapter 10

Aggregate Demand chapters 11 and 12 (6 hours lectures)

Mundell-Fleming model chapter 13

Aggregate supply chapter 14

Stabilization policies chapter 15

Public debt chapter 16

European monetary union chapter 17

The Great Recession (own slides)

Readings/Bibliography

Mankiw and Taylor "Macroeconomics", second edition.

Scanned copies of the individual chapters will be uploaded sequentially on the website of the course:

http://www.macroeconomics-forli.weebly.com

Teaching methods

Lectures and Exercises

Assessment methods

3 mid-term examinations and a final exam.

Teaching tools

projector and blackboard

Links to further information

http://www.macroeconomics-forli.weebly.com

Office hours

See the website of Hartmut Lehmann