CLEC

Language:

Italian
(foreign students are expected to be fluent in Italian; class material, textbook and exam papers are all in Italian)
Textbooks:

Macroeconomia, N. Gregory Mankiw Mark P. Taylor, Zanichelli (sixth edition).
Learning objectives:

This is an introductory course to macroeconomics. It intends to investigate the dynamics of aggregate economic variables such as national income, consumption, investment and the like. It attempts to answer economic questions such as: What are the determinants of economic wealth and individual welfare in the long-run? Why is it that recessions and expansions alternate? What are the determinants of unemployment and inflation? What policies authorities may apply to increase economic growth and reduce unemployment and inflation?
Prerequisite:

Microeconomics, Introductory Calculus
Teaching methods:

Lectures and classes
Exam type:

written exam
Sostenibilità:

Nothing
Further information:

email: p.vitale@unich.it
Web: http://www.unich.it/~vitale/macroeconomia.htm

• Introduction to Macroeconomics
• Income and Output.
• The Open Economy
• Money and Inflation
• Unemployment
• Economic Growth
• The Business Cycle
• The IS-LM Model and Monetary and Fiscal Policy
• The Open Economy and the Business Cycle
• Aggregate Supply
• Public Debt
• The Financial Crisis

COURSE OBJECTIVES:
This is an introductory course to macroeconomics. It intends to investigate the dynamics of aggregate economic variables such as national income, consumption, investment and the like. It attempts to answer economic questions such as: What are the determinants of economic wealth and individual welfare in the long-run? Why is it that recessions and expansions alternate? What are the determinants of unemployment and inflation? What policies authorities may apply to increase economic growth and reduce unemployment and inflation?

TEXTBOOK:
Macroeconomia, N. Gregory Mankiw Mark P. Taylor, Zanichelli (sixth edition).

COURSE CONTENT:
• Introduction to Macroeconomics
• Income and Output.
• The Open Economy
• Money and Inflation
• Unemployment
• Economic Growth
• The Business Cycle
• The IS-LM Model and Monetary and Fiscal Policy
• The Open Economy and the Business Cycle
• Aggregate Supply
• Public Debt
• The Financial Crisis