Acquisition of the basic knowledge of the economic system as a whole, through an educational program that includes both lectures and practical classes. The first part of the course will introduce students to the basic knowledge of macro-economic magnitudes and variables: domestic product, aggregate consumption and investment, employment and unemployment, the general price level, public budget and international commercial flows. In the following part of the course, students will explore and compare the main theoretical interpretations of the working of the macro-economic system and their policy prescriptions.
Curriculum
Canali
scheda docente
materiale didattico
2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
1) Textbook: Antonella Stirati, Fondamenti di macroeconomia, Giappichelli, ISBN 9791221108514 (forthcoming in September 2024. Check the detailed programme for precise indications on the parts of the textbook to be studied). Students may ask for alternative material in English. Please contact prof Palumbo
2) Additional teaching material (lecture notes, slides, etc, made available on the moodle website)
Programma
1. National accounting system: basic defintions and identities. Main macroeconomic indicators2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
Testi Adottati
Compulsory material:1) Textbook: Antonella Stirati, Fondamenti di macroeconomia, Giappichelli, ISBN 9791221108514 (forthcoming in September 2024. Check the detailed programme for precise indications on the parts of the textbook to be studied). Students may ask for alternative material in English. Please contact prof Palumbo
2) Additional teaching material (lecture notes, slides, etc, made available on the moodle website)
Bibliografia Di Riferimento
optional supplementary readings 3) M.Pivetti, Economia Politica, Laterza, 2002 4) M. Corsi, A. Roncaglia, Nuovi lineamenti di economia politica, Laterza 2017Modalità Erogazione
30 in-person lectures of 2 hours each (60 hours total) and additional tutorials. All lectures and tutorials are delivered in-person, but also provided live-streamed or recorded to students belonging to the categories (identified by the university) who are entitled to themModalità Frequenza
Attendance is strongly recommended. During the lectures, a number of tests will take place to facilitate students' learning and preparation for the final examinationModalità Valutazione
Written exam with exercises, multiple choice questions and open questions. Oral exam a few days later
scheda docente
materiale didattico
2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Fondamenti di Macroeconomia, elementi di base, di Antonella Stirati; Giappichelli 2024
Programma
The Economic system. Definitions and measurement of the main macroeconomic aggregates2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Testi Adottati
Fondamenti di Macroeconomia, elementi di base, di Antonella Stirati; Giappichelli 2024
Modalità Erogazione
lectures and classesModalità Frequenza
Strongly recommendedModalità Valutazione
written exams with multiple choice questions, open questions and one exerciseCanali
scheda docente
materiale didattico
2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
1) Textbook: Antonella Stirati, Fondamenti di macroeconomia, Giappichelli, ISBN 9791221108514 (forthcoming in September 2024. Check the detailed programme for precise indications on the parts of the textbook to be studied). Students may ask for alternative material in English. Please contact prof Palumbo
2) Additional teaching material (lecture notes, slides, etc, made available on the moodle website)
Programma
1. National accounting system: basic defintions and identities. Main macroeconomic indicators2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
Testi Adottati
Compulsory material:1) Textbook: Antonella Stirati, Fondamenti di macroeconomia, Giappichelli, ISBN 9791221108514 (forthcoming in September 2024. Check the detailed programme for precise indications on the parts of the textbook to be studied). Students may ask for alternative material in English. Please contact prof Palumbo
2) Additional teaching material (lecture notes, slides, etc, made available on the moodle website)
Bibliografia Di Riferimento
optional supplementary readings 3) M.Pivetti, Economia Politica, Laterza, 2002 4) M. Corsi, A. Roncaglia, Nuovi lineamenti di economia politica, Laterza 2017Modalità Erogazione
30 in-person lectures of 2 hours each (60 hours total) and additional tutorials. All lectures and tutorials are delivered in-person, but also provided live-streamed or recorded to students belonging to the categories (identified by the university) who are entitled to themModalità Frequenza
Attendance is strongly recommended. During the lectures, a number of tests will take place to facilitate students' learning and preparation for the final examinationModalità Valutazione
Written exam with exercises, multiple choice questions and open questions. Oral exam a few days later
scheda docente
materiale didattico
2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Fondamenti di Macroeconomia, elementi di base, di Antonella Stirati; Giappichelli 2024
Programma
The Economic system. Definitions and measurement of the main macroeconomic aggregates2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Testi Adottati
Fondamenti di Macroeconomia, elementi di base, di Antonella Stirati; Giappichelli 2024
Modalità Erogazione
lectures and classesModalità Frequenza
Strongly recommendedModalità Valutazione
written exams with multiple choice questions, open questions and one exerciseCanali
scheda docente
materiale didattico
2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
1) Textbook: Antonella Stirati, Fondamenti di macroeconomia, Giappichelli, ISBN 9791221108514 (forthcoming in September 2024. Check the detailed programme for precise indications on the parts of the textbook to be studied). Students may ask for alternative material in English. Please contact prof Palumbo
2) Additional teaching material (lecture notes, slides, etc, made available on the moodle website)
Programma
1. National accounting system: basic defintions and identities. Main macroeconomic indicators2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
Testi Adottati
Compulsory material:1) Textbook: Antonella Stirati, Fondamenti di macroeconomia, Giappichelli, ISBN 9791221108514 (forthcoming in September 2024. Check the detailed programme for precise indications on the parts of the textbook to be studied). Students may ask for alternative material in English. Please contact prof Palumbo
2) Additional teaching material (lecture notes, slides, etc, made available on the moodle website)
Bibliografia Di Riferimento
optional supplementary readings 3) M.Pivetti, Economia Politica, Laterza, 2002 4) M. Corsi, A. Roncaglia, Nuovi lineamenti di economia politica, Laterza 2017Modalità Erogazione
30 in-person lectures of 2 hours each (60 hours total) and additional tutorials. All lectures and tutorials are delivered in-person, but also provided live-streamed or recorded to students belonging to the categories (identified by the university) who are entitled to themModalità Frequenza
Attendance is strongly recommended. During the lectures, a number of tests will take place to facilitate students' learning and preparation for the final examinationModalità Valutazione
Written exam with exercises, multiple choice questions and open questions. Oral exam a few days later
scheda docente
materiale didattico
2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Fondamenti di Macroeconomia, elementi di base, di Antonella Stirati; Giappichelli 2024
Programma
The Economic system. Definitions and measurement of the main macroeconomic aggregates2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Testi Adottati
Fondamenti di Macroeconomia, elementi di base, di Antonella Stirati; Giappichelli 2024
Modalità Erogazione
lectures and classesModalità Frequenza
Strongly recommendedModalità Valutazione
written exams with multiple choice questions, open questions and one exerciseCanali
scheda docente
materiale didattico
2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
1) Textbook: Antonella Stirati, Fondamenti di macroeconomia, Giappichelli, ISBN 9791221108514 (forthcoming in September 2024. Check the detailed programme for precise indications on the parts of the textbook to be studied). Students may ask for alternative material in English. Please contact prof Palumbo
2) Additional teaching material (lecture notes, slides, etc, made available on the moodle website)
Programma
1. National accounting system: basic defintions and identities. Main macroeconomic indicators2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
Testi Adottati
Compulsory material:1) Textbook: Antonella Stirati, Fondamenti di macroeconomia, Giappichelli, ISBN 9791221108514 (forthcoming in September 2024. Check the detailed programme for precise indications on the parts of the textbook to be studied). Students may ask for alternative material in English. Please contact prof Palumbo
2) Additional teaching material (lecture notes, slides, etc, made available on the moodle website)
Bibliografia Di Riferimento
optional supplementary readings 3) M.Pivetti, Economia Politica, Laterza, 2002 4) M. Corsi, A. Roncaglia, Nuovi lineamenti di economia politica, Laterza 2017Modalità Erogazione
30 in-person lectures of 2 hours each (60 hours total) and additional tutorials. All lectures and tutorials are delivered in-person, but also provided live-streamed or recorded to students belonging to the categories (identified by the university) who are entitled to themModalità Frequenza
Attendance is strongly recommended. During the lectures, a number of tests will take place to facilitate students' learning and preparation for the final examinationModalità Valutazione
Written exam with exercises, multiple choice questions and open questions. Oral exam a few days later
scheda docente
materiale didattico
2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Fondamenti di Macroeconomia, elementi di base, di Antonella Stirati; Giappichelli 2024
Programma
The Economic system. Definitions and measurement of the main macroeconomic aggregates2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Testi Adottati
Fondamenti di Macroeconomia, elementi di base, di Antonella Stirati; Giappichelli 2024
Modalità Erogazione
lectures and classesModalità Frequenza
Strongly recommendedModalità Valutazione
written exams with multiple choice questions, open questions and one exerciseCanali
scheda docente
materiale didattico
2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
1) Textbook: Antonella Stirati, Fondamenti di macroeconomia, Giappichelli, ISBN 9791221108514 (forthcoming in September 2024. Check the detailed programme for precise indications on the parts of the textbook to be studied). Students may ask for alternative material in English. Please contact prof Palumbo
2) Additional teaching material (lecture notes, slides, etc, made available on the moodle website)
Programma
1. National accounting system: basic defintions and identities. Main macroeconomic indicators2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
Testi Adottati
Compulsory material:1) Textbook: Antonella Stirati, Fondamenti di macroeconomia, Giappichelli, ISBN 9791221108514 (forthcoming in September 2024. Check the detailed programme for precise indications on the parts of the textbook to be studied). Students may ask for alternative material in English. Please contact prof Palumbo
2) Additional teaching material (lecture notes, slides, etc, made available on the moodle website)
Bibliografia Di Riferimento
optional supplementary readings 3) M.Pivetti, Economia Politica, Laterza, 2002 4) M. Corsi, A. Roncaglia, Nuovi lineamenti di economia politica, Laterza 2017Modalità Erogazione
30 in-person lectures of 2 hours each (60 hours total) and additional tutorials. All lectures and tutorials are delivered in-person, but also provided live-streamed or recorded to students belonging to the categories (identified by the university) who are entitled to themModalità Frequenza
Attendance is strongly recommended. During the lectures, a number of tests will take place to facilitate students' learning and preparation for the final examinationModalità Valutazione
Written exam with exercises, multiple choice questions and open questions. Oral exam a few days later
scheda docente
materiale didattico
2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Fondamenti di Macroeconomia, elementi di base, di Antonella Stirati; Giappichelli 2024
Programma
The Economic system. Definitions and measurement of the main macroeconomic aggregates2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Testi Adottati
Fondamenti di Macroeconomia, elementi di base, di Antonella Stirati; Giappichelli 2024
Modalità Erogazione
lectures and classesModalità Frequenza
Strongly recommendedModalità Valutazione
written exams with multiple choice questions, open questions and one exerciseCanali
scheda docente
materiale didattico
2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
1) Textbook: Antonella Stirati, Fondamenti di macroeconomia, Giappichelli, ISBN 9791221108514 (forthcoming in September 2024. Check the detailed programme for precise indications on the parts of the textbook to be studied). Students may ask for alternative material in English. Please contact prof Palumbo
2) Additional teaching material (lecture notes, slides, etc, made available on the moodle website)
Programma
1. National accounting system: basic defintions and identities. Main macroeconomic indicators2. Keynes’s theory: aggregate demand and equilibrium output
3. Keynes’s theory: money and interest
4. The IS-LM model
5. The AS-AD model
6. Inflation and unemployment
7. Macroeconomics of the European Union
8. Money: creation and control
Testi Adottati
Compulsory material:1) Textbook: Antonella Stirati, Fondamenti di macroeconomia, Giappichelli, ISBN 9791221108514 (forthcoming in September 2024. Check the detailed programme for precise indications on the parts of the textbook to be studied). Students may ask for alternative material in English. Please contact prof Palumbo
2) Additional teaching material (lecture notes, slides, etc, made available on the moodle website)
Bibliografia Di Riferimento
optional supplementary readings 3) M.Pivetti, Economia Politica, Laterza, 2002 4) M. Corsi, A. Roncaglia, Nuovi lineamenti di economia politica, Laterza 2017Modalità Erogazione
30 in-person lectures of 2 hours each (60 hours total) and additional tutorials. All lectures and tutorials are delivered in-person, but also provided live-streamed or recorded to students belonging to the categories (identified by the university) who are entitled to themModalità Frequenza
Attendance is strongly recommended. During the lectures, a number of tests will take place to facilitate students' learning and preparation for the final examinationModalità Valutazione
Written exam with exercises, multiple choice questions and open questions. Oral exam a few days later
scheda docente
materiale didattico
2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Fondamenti di Macroeconomia, elementi di base, di Antonella Stirati; Giappichelli 2024
Programma
The Economic system. Definitions and measurement of the main macroeconomic aggregates2. Macroeconomic equilibrium and the Keynesian theory of income and employment
3.The public sector
4. The open economy: balance of payments, exchange rate, external constraint
5. Money and financial activities. The Central Bank and the banking sector, Demand and supply of money, interest rate determination.
6. Aggregate investment and the rate of interest. Controversial aspects.
7. The IS-LM model. Economic policy in the IS-LM model in a closed economy. Effects of changes in nominal wages
8. The IS-LM model for the open economy, exchange rate regimes and the effects of economic policy
9.The AD-AS model and its implications for the theory of output and employment
10. Inflation and unemployment some elements towards an interpretation
Testi Adottati
Fondamenti di Macroeconomia, elementi di base, di Antonella Stirati; Giappichelli 2024
Modalità Erogazione
lectures and classesModalità Frequenza
Strongly recommendedModalità Valutazione
written exams with multiple choice questions, open questions and one exercise