Macroeconomics (2016/2017)

Course partially running (all years except the first)

Course code
Name of lecturers
Alessia Campolmi, Valentina Colombo
Alessia Campolmi
Number of ECTS credits allocated
Academic sector
Language of instruction
secondo semestre triennali dal Feb 20, 2017 al Jun 1, 2017.

Lesson timetable

secondo semestre triennali
Day Time Type Place Note
Monday 10:10 AM - 11:50 AM lesson Lecture Hall Aula Magna - Silos di Ponente  
Tuesday 11:50 AM - 1:30 PM lesson Lecture Hall Aula Magna - Silos di Ponente  
Wednesday 2:00 PM - 3:40 PM lesson Lecture Hall Aula Magna - Silos di Ponente  
Thursday 3:40 PM - 5:20 PM lesson Lecture Hall Aula Magna - Silos di Ponente  

Learning outcomes

The course offers an overview of the main topics in macroeconomics: the determinants of aggregate demand and aggregate supply; what generates cyclical fluctuations in income and unemployment, what role can monetary and fiscal policy play in stabilizing the economy; what determines long-run growth.


1. Introduction to National Accounting.
2. Aggregate demand and income multiplier.
3. Goods and money market: The IS-LM model.
4. Consumption, investment and government spending.
5. Aggregate Supply: The AS-AD model.
6. Inflation and Unemployment.
7. Introduction to International Economics.
8. Growth theory.

Text books:
Blanchard et al, Macroeconomia.
Findlay, Esercitazioni di Macroeconomia

Reference books
Author Title Publisher Year ISBN Note
OLIVIER BLANCHARD, ALESSIA AMIGHINI, FRANCESCO GIAVAZZI Macroeconomia. Una prospettiva europea Il Mulino 2016 978-88-15-26571-5

Assessment methods and criteria

The final exam will be a written multiple-choice type of exam. The aim of the questions will be to verify the student’s understanding of the theory analized in class, as well as the ability to apply the theory to solve numerical exercises.

Negative score will be assigned to wrong answers.

There will not be an intermediate exam.