ITA | ENG
B009011 - ECONOMIC POLICY
Main information
Teaching Language
Course Content
Suggested readings
Learning Objectives
Teaching Methods
Further information
Type of Assessment
Course program
Academic Year 2019-20
Course year
Second year - Second Semester
Belonging Department
Political and Social Sciences (DSPS)
Course Type
Single education field course
Scientific Area
SECS-P/02 - ECONOMIC POLICY
Credits
6
Teaching Hours
42
Teaching Term
24/02/2020 ⇒ 29/05/2020
Attendance required
No
Type of Evaluation
Final Grade
Course Content
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Course program
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Lectureship
Teaching Language
Italian
Course Content
Basic concepts of macroeconomics. The short run: the goods market, the financial markets and the economic policy. The medium run: the labour market, inflation and unemployment. The long run: economic growth. Pathologies of economic systems.
Suggested readings (Search our library's catalogue)
Blanchard, Amighini, Giavazzi (2016), Macroeconomia: una prospettiva europea, Il Mulino.
Chapters: Chapters 1-10, 11 (except paragraphs 3 and 4), 12 (except paragraphs 3 and 4), 21- 23. Including Appendices at the end of the volume.
Students who prefer to study on the English version of the book may refer to "Macroeconomics: A European Perspective, 3/E", 2017, by the same authors, published by Pearson.
Exercise Book: D.Findlay (2017), Esercizi di Macroeconomia,Guida allo studio del testo di Olivier Blanchard, Il Mulino.
The exercise book is essential to prepare the written exam.
Chapters: Chapters 1-10, 11 (except paragraphs 3 and 4), 12 (except paragraphs 3 and 4), 21- 23. Including Appendices at the end of the volume.
Students who prefer to study on the English version of the book may refer to "Macroeconomics: A European Perspective, 3/E", 2017, by the same authors, published by Pearson.
Exercise Book: D.Findlay (2017), Esercizi di Macroeconomia,Guida allo studio del testo di Olivier Blanchard, Il Mulino.
The exercise book is essential to prepare the written exam.
Learning Objectives
Students achieve a basic knowledge of how the economy works and the effects of economic policies. The analysis is conducted with analytical models and real-world examples.
Teaching Methods
Frontal lessons and use of the e-learning platform for weekly tests, handouts and additional materials.
The Moodle page is available during the second semester until September of the same year.
The Moodle page is available during the second semester until September of the same year.
Further information
Foreign students are allowed to use the English version of the book by
Olivier Blanchard, Macroeconomics, Sixth Edition, Pearson Education, Inc.
Exams are in Italian.
Ask the teacher for the key to access the e-learning page of the course.
Olivier Blanchard, Macroeconomics, Sixth Edition, Pearson Education, Inc.
Exams are in Italian.
Ask the teacher for the key to access the e-learning page of the course.
Type of Assessment
Written examination (in Italian).
Due to the emergency situation, it could be necessary to hold a remote examination. If so, please be aware of rules established by the University of Florence in the D.R. 460 April 6, 2020 at this link
https://www.unifi.it/vp-11743-coronavirus-informazioni-per-la-comunita-universitaria.html
where information about written exams are listed.
Due to the emergency situation, it could be necessary to hold a remote examination. If so, please be aware of rules established by the University of Florence in the D.R. 460 April 6, 2020 at this link
https://www.unifi.it/vp-11743-coronavirus-informazioni-per-la-comunita-universitaria.html
where information about written exams are listed.
Course program
First module
National accounting and main macroeconomic variables. Economy in the short-run: the goods and the financial markets. Fiscal and monetary policies and their short-run effects. The medium run: the labour market, unemployment and wages. The AD-AS model. The Phillips curve.
Second module
The economy in the long run: economic growth. Pathologies: the recent economic crisis, depressions and slumps, hyperinflation, high public debt. The role of economic policies.
National accounting and main macroeconomic variables. Economy in the short-run: the goods and the financial markets. Fiscal and monetary policies and their short-run effects. The medium run: the labour market, unemployment and wages. The AD-AS model. The Phillips curve.
Second module
The economy in the long run: economic growth. Pathologies: the recent economic crisis, depressions and slumps, hyperinflation, high public debt. The role of economic policies.