- Docente: Laura Bottazzi
- Crediti formativi: 6
- SSD: SECS-P/01
- Lingua di insegnamento: Italiano
- Modalità didattica: Convenzionale - Lezioni in presenza
- Campus: Bologna
- Corso: Laurea Magistrale in Economics (cod. 8408)
Conoscenze e abilità da conseguire
This course presents models and techniques used by macroeconomists to study the theory of consumption and investment. At the end of the course, the student: - knows basic techniques in dynamic programming and their applications - critically understands macroeconomic models that study the dynamics of Consumption and Investment.
Contenuti
The theory of consumption and investment:
1. Consumption under certainty
2. Consumption under uncertainty
3. Empirical applications
4. The Interest rate, saving and consumption growth
5. Consumption and risky assets
6.Liquidity constraints
7. Investment and the cost of capital
8. Investment with adjusting costs
9. tobin's Q
10. Investment and uncertainty
Testi/Bibliografia
Romer, David, Advanced Macroeconomics, the McGraw-Hill Companies,last edition
Jappelli, T. L.Pistaferri, The Economics of Consumption: Theory and Applications, 2018 Oxford Economic Press
Lectures Notes
Metodi didattici
traditional teacher led classes
Modalità di verifica e valutazione dell'apprendimento
At the end of the course, there will be a one hour and a half written examination. The exam will be closed book. The aim of the exam is to test the knowledge acquired by students both of the theoretical and of the empirical literature discussed in class. The exam will count 90% of the final grade. Three problems sets solved by student every week will count 10% of the final grade.
Strumenti a supporto della didattica
There will be five recitations led by a teaching assistants and three problem sets
Orario di ricevimento
Consulta il sito web di Laura Bottazzi