Macroeconomics I (2022/2023)

Course code
cod wi: DT000432
Name of lecturers
Alessia Campolmi, Tamara Fioroni
Coordinator
Alessia Campolmi
Number of ECTS credits allocated
7.5
Academic sector
SECS-P/01 - ECONOMICS
Language of instruction
Italian
Location
VERONA
Period
Anno accademico 2022/2023 Dottorato di ricerca dal Oct 1, 2022 al Sep 30, 2023.

Lesson timetable

Go to lesson schedule

Learning outcomes

Learn how to solve moderne Dynamic Stochastic General Equilibrium model to study both long-run and short-run dynamics of an economic system.

Syllabus

Part 1 – Long-Run Growth
12 hours – Lecturer: Tamara Fioroni
- Questions and evidence
- The Solow growth model
- Overlapping Generations model
Part 2 – Real Business Cycle (RBC)
8 hours – Lecturer: Alessia Campolmi
- Empirical evidence on business cycle.
- Different types of macro models: What they are used for, weaknesses and strength.
- The basic version of the models we will focus on in this course: Ramsey model.
- Common extensions
Part 3 – Monetary Business Cycle
10 hours – Lecturer: Alessia Campolmi
- Empirical evidence on price rigidity.
- Different types of monetary macro models.
- The basic version of the model we will focus on: New Keynesian model.
- Common extensions.

Reference books

See the teaching bibliography

Assessment methods and criteria

1h30 written exam

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