Macroeconomics II

    Course Code: 
    4113
    Semester: 
    3rd
    Compulsory Courses
    Professor: 

    ECONOMIDES GEORGIOS

    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