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Class Applied Macroeconimics

  • Presentation

    Presentation

    The discipline of Applied Macroeconomics aims to review and deepen the theoretical concepts of economic growth models and also macroeconomic dynamics combined with empirical analysis, therefore, it makes the connection between theory and economic reality. In this way, students will develop a set of technical skills in the field of analysis and definition of macroeconomic policies, framing their theoretical knowledge in reality.
  • Code

    Code

    ULHT248-13386
  • Syllabus

    Syllabus

    Accounting Identity of Gross Domestic Product in an Open Economy and Empirical Evidence of Growth (Data). Concepts of Inflation and Unemployment Monetary and Fiscal Policy Endogenous Growth Model with technical progress and human capital Empirical work on Macroeconomics: Data sources. Methods of estimating regressions
  • Objectives

    Objectives

    At the end of the course, students are expected to acquire solid knowledge about the main theories and models of economic growth, understanding their implications in the design and implementation of economic policies. Within the scope of skills, they should be able to critically analyze alternative economic arguments about contemporary problems and interpret empirical evidence in the light of theory. Finally, with regard to skills, students should integrate theoretical analysis and real data in order to propose reasoned and consistent solutions to current economic challenges.
  • Teaching methodologies and assessment

    Teaching methodologies and assessment

    As an innovative methodology to support the teaching-learning process, the reverse class will be used, in which students will have the opportunity to analyze the macroeconomic conjuncture relating it to the contents discussed in the classroom. To do so, they must select news that highlight current macroeconomic policies, present them in class and develop a critical analysis of the macroeconomic theory in which they fit, the implicit objectives behind these policies and the expected results. This approach promotes greater active involvement of students, stimulates autonomy, strengthens analytical capacity and brings theory closer to everyday reality.
  • References

    References

    Barro, R. and X. Sala-i-Martin (2003), Economic Growth, 2nd Edition, MIT Press. Jones, C.I and Vollrath, D. (2013), Introduction to Economic Growth, 3rd Edition, Norton & Company Blanchard, O. J . (2024). Macroeconomics (9ª ed.). Pearson Education.  
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