Class Macroeconomics II

The subject of Macroeconomics II aims to study macroeconomics at an intermediate level, preparing students to transpose the theoretical knowledge obtained to the analysis of economic reality, using case studies and a seminar, in which communications will be presented by the students, to better pursue this objective.

Not applicable

Program of the Discipline   1- Open Economy with Fixed Prices 2 - Open Economy with Flexible Prices 3- Macroeconomic policy making 4 - Stabilization Policy 5 - Economic Interdependence and Policy Coordination 6 - Economic Growth in the long run 7 - The Solow Model 8 - The Endogenous Growth Model 9 - The Ramsey-Cass-Koopmans Model 10 - Diamond's model  11 - The New Growth Theory  12 - Case Studies 13 - Seminar on Macroeconomics

Weekly economic news analysis to be carried out by students at the beginning of each class, commenting on the main developments in the global economy.

Mankiw, N. Gregory (2021), Macroeconomics, 10th edition, McGraw-Hill, New York Romer, D. (2001), Advanced Macroeconomics, McGraw Hill, New York Ahir, H (2021), Macroeconomic research in low-income countries : advances made in five key areas through a DFID-IMF collaboration, International Monetary Fund Babb NR and AK Detmeister (2017), ‘Nonlinearities in the Phillips Curve for the United States: Evidence Using Metropolitan Data’, Board of Governors of the Federal Reserve System Finance and Economics Discussion Series No 2017-070.  Ball L and NG Mankiw (1994), ‘Asymmetric Price Adjustment and Economic Fluctuations’, The Economic Journal, 104(423), pp 247–261.  Pescatori, A., D. sandri, and J. simon, (2013), “Debt and growth: is There a magic Threshold?” IMF working paper  Romer CD and J Bernstein (2009), ‘The Job Impact of the American Recovery and Reinvestment Plan’, Report, 9 January.