Macroeconomics II

Course Code: 
4113
Semester: 
3rd
Compulsory Courses

Number of credits allocated: 6 ECTS Credits

Objective of the course (expected learning outcomes and competences to be acquired):  Analysis of main economic issues; solving problems of growth, consumption and investment; using data bases for international economies.

PREREQUISITES: Macroeconomics I

COURSE CONTENTS:

In the course we examine macroeconomic data and study models designed to help us understand those data. We focus on the role of policymakers in shaping macroeconomic outcomes, and also take a close look at the recent financial crisis and ensuing recession. A detailed description of topics is given below:

  • Introduction and Measurement Issues.
  • Economic Growth

(The basic Solow Economic Growth Model-The Augmented Solow Model-Endogenous Economic Growth)

  • Basic Macroeconomic Models

(A closed economy one period model-A two period consumption –saving model)

  • The new Keynesian demand Side (IS-LM-AD)
  • The new Keynesian Supply Side

RECOMMENDED READING

  • Stephen D. Williamson, Macroeconomics.
  • Manfred Gartner, Macroeconomics.

TEACHING  METHODS: Lectures, problem –solving courses.

ASSESSMENT METHODS: Written exams, classroom  tests.

LANGUAGE: Greek