Macroeconomics (2010/2011)

Course code
Paola Dongili
Academic sector
Language of instruction
Teaching is organised as follows:
Activity Credits Period Academic staff Timetable
lezione 7 Second semester Paola Dongili
esercitazione 2 Second semester Alessandro Bucciol

Learning outcomes

Macroeconomics deals with facts as national income, economic growth, the price level, the choices of consumption, investment public expenditure and the level of employment. Aim of the course is to provide the students with the essential tools to understand them critically. Specifically the three main markets of a typical economic system will be presented: the market of goods, of money and the market of labour and the links through which they interact. The knowledge of the functioning of a system will allow to evaluate the role of the political economy and the extent of intervention. The lectures will be alternated with exercises in order to guide the students to use theory in the empirical applications


Facts and basic concepts
The market of goods
The market of money and of financial assets
IS LM Model
The market of labour
AD AS Model
Unemployment and inflation
The role of expectations
The accumulation of capital and the theory of growth
Open economy macroeconomics
The role of the political economy

Textbooks: Blanchard O. Amighini A. Giavazzi F., Macroeconomia, Il Mulino, 2011 capp. 1,2,3,4,5,6,7,8, 9, 10, 11, 12,14,15,18,19,20,25
Findlay D. W., Esercizi di macroeconomia, il Mulino 2011

Assessment methods and criteria

Exam is a written proof in two parts, first questions woth multiple choices, second numerical exercises