Educational guide Faculty of Business and Economics |
english |
Bachelor's Degree in Economics (2009) |
Subjects |
INTRODUCTION TO MACROECONOMICS |
Contents |
IDENTIFYING DATA | 2023_24 |
Subject | INTRODUCTION TO MACROECONOMICS | Code | 16224005 | |||||
Study programme |
|
Cycle | 1st | |||||
Descriptors | Credits | Type | Year | Period | ||||
6 | Basic Course | First | 2Q |
Competences | Learning outcomes | Contents |
Planning | Methodologies | Personalized attention |
Assessment | Sources of information | Recommendations |
Topic | Sub-topic |
TOPIC 1: Variables and basic concepts | 1.1. Macroeconomic problems 1.2. The main macroeconomic variables 1.3. Economic cycles, growth and quality of life |
TOPIC 2: The real sector of the economy | 2.1. The components of aggregate demand 2.2. The income-expenditure model 2.3. Equilibrium in the goods and services market, and the IS function |
TOPIC 3: The monetary sector of the economy | 3.1. The functions of money and the demand for money 3.2. The banking system, the creation of money, central banks and the money supply 3.3. Equilibrium in the monetary sector and the LM function |
TOPIC 4: The IS-LM model | 4.1. Simultaneous equilibrium in the goods market and in the money market 4.2. The effectiveness of fiscal policies 4.3. The effectiveness of monetary policies |
TOPIC 5: the aggregate demand - aggregate supply model | 5.1. The relationship between aggregate demand and output, and the price level 5.2. The AD-AS equilibrium and macroeconomic policies 5.3. The labor market, unemployment and inflation (Phillips curve) |
TOPIC 6: Open Economies | 6.1. Foreign trade and the balance of payments 6.2. The foreign exchange market and exchange rates 6.3. Economic and monetary integration |