Macroeconomics - 1 - lezione (2008/2009)

Course not running

Course code
Name of lecturer
Paola Dongili
Number of ECTS credits allocated
Other available courses
Academic sector
Language of instruction
Primo semestre dal Oct 1, 2008 al Dec 20, 2008.

To show the organization of the course that includes this module, follow this link * Course organization

Lesson timetable

Learning outcomes

The aim of the course is to provide the students with the essential tools to understand the main macroeconomic facts, as national income, economic growth, the price level, the choices of consumption, investment public expenditure and the level of employment. With this outlook, the students will become acquainted with the basic concepts of the national accounts and the main theoretical models, developed by the economists in order to study the working of an economic system. Specifically three main markets will be presented: the market of goods, of money and the market of labour and the links through which they interact. The lectures will be alternated with practical and seminar lessons in order to guide the students to use theory in the empirical applications


Main stylized facts
Macroeconomic thought
National accounting
Income expenditure model
Money market equilibrium
IS-LM model
Labour market
AD- AS model
Phillips curve
The role of expectations
Growth theory
Capital accumulation and technical progress
The model of the open economy
Macroeconomics and political economy

Reference books
Author Title Publisher Year ISBN Note
FINDLAY D.W. Esercizi di macroeconomia Il Mulino 2000
BLANCHARD O. Macroeconomia Il Mulino 2006 8815106901

Assessment methods and criteria

Final assessment is written tests and exercises