Macroeconomics and finance (2016/2017)

Codice insegnamento
4S003740
Docenti
Giam Pietro Cipriani, Alessia Campolmi
Coordinatore
Giam Pietro Cipriani
crediti
9
Settore disciplinare
SECS-P/01 - ECONOMIA POLITICA
Lingua di erogazione
Inglese
Periodo
Primo semestre Magistrali dal 26-set-2016 al 13-gen-2017.

Orario lezioni

Primo semestre Magistrali
Giorno Ora Tipo Luogo Note
lunedì 14.00 - 16.15 lezione Aula SMT.04  
giovedì 11.00 - 13.15 lezione Aula SMT.04  

Obiettivi formativi

In this course students will be introduced to the modern study and analysis of macroeconomics by considering how the microeconomic units, namely consumers and firms, make their decisions and how the their choices yield economy-wide outcomes. Following a review of consumer theory, we will study the macroeconomic theory of consumption, including the impact of various government policies on consumption behaviour. In a similar way we will introduce firms in the theoretical model. The final objective is to build a small theoretical model for the entire economy using the representative agent paradigm. This will allow students to analyse demand, supply and equilibrium in three macro markets: the aggregate goods and services market, the aggregate labour market, and the aggregate financial market. Therefore students will be able to understand how macroeconomic outcomes arise and the effects of macroeconomic policies. The use of some problem sets will also enable them to apply the concepts they have learned.

Programma

Microfoundations: consumer analysis, firm analysis
Fiscal policy
Introduction to finance theory
Monetary policy
Optimal policy analysis: the flexible price case
Optimal policy analysis: the rigid price case
Long run growth analysis
Unemployment
International macroeconomics

Modalità d'esame

This course will be assessed with a written examination which will include open questions on the theory and some exercises.

Opinione studenti frequentanti - 2016/2017