Public University of Navarre



Academic year: 2014/2015 | Previous academic years:  2018/2019  |  2017/2018  |  2016/2017  |  2015/2016 
Bachelor's degree in Management and Business Administration
Course code: 172827 Subject title: MACROECONOMICS II
Credits: 6 Type of subject: Optative Year: 4 Period: 2º S
Department: Economics
Lecturers
GALDON SANCHEZ, JOSE ENRIQUE MANOTAS HIDALGO, BEATRIZ

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Descriptors

Role of expectations; Open-economy Macroeconomics; Fiscal, Monetary and Exchange-rate Policies; Economic Pathologies.

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General proficiencies

• GP01. Ability to analyze and summarize.
• GP04. Writing and Speaking in English.
• GP07. Ability to solve problems
• GP09. Team work.
• GP11. Work in an international environment.
• GP12. Information search.
• GP17. Autonomous learning.
• GP19. Creativity.

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Specific proficiencies

• SP01. Understand the behavior of economic institutions with formal models.
• SP04. Use economic analysis with scientific instruments.
• SP05. Write reports describing economic phenomena.
• SP06. Research projects at international, national or regional levels.
• SP10. Evaluate the performance of alternative policies and select them with technical criteria.

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Methodology

Activities Presence Hours  Non-presence Hours
A-1 Lectures 30 0
A-2 Seminars 20 0
A-3 Discussions 10 0
A-4 Homeworks 0 20
A-5 Reading material 0 10
A-6 Individual studying 0 36
A-7 Exams 4  
A-8 Office Hours 20  
Total 84 66

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Relationship between formative activities and proficiencies

Lectures

GP01, GP07, SP01, SP04 and SP10.

Seminars

GP04, GP07, GP09, GP12, GP19, SP04, SP05, SP06 and SP10.

Homeworks

GP04, GP07, GP09, GP11, GP12, GP19, SP05, SP06 and SP10.

Office Hours

GP02, GP04, GP07 and GP09.

Mid-term and Final Exam

GP01, GP04, GP07, GP12, GP17, SP01, SP04 and SP10.

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Languages

English

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Evaluation

ACTIVITIES WEIGHT (%)
HOMEWORKS, PROJECTS, DISCUSSIONS, ESSAYS, CLASS PARTICIPATION (no substitutable in second-attempt exam) 40%
MID-TERM EXAM  (substitutable in second-attempt exam) 20%
FINAL EXAM  (substitutable in second-attempt exam) 40%

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Contents

This course offers students the opportunity to explore and understand issues of Macroeconomic Theory. By the end of the course, students should be able to use economic tools to analyze a diversity of issues and macroeconomic policies. This course is a core in the major and minor in the economic program at internationally-oriented universities. We will assume that students know the basic concepts of Macroeconomics thought in the Macroeconomics I. We will study macroeconomic theories and use them in analyzing relevant economic issues of today’s economy, with special attention to open-economy issues, the role of expectations and the economic policies for macro stabilization.

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Agenda

- Expectations, the basic Tools. Blanchard (2010), Chapter 14.

- Financial Markets and Expectations. Blanchard (2010), Chapter 15.

- Expectations, Consumption and Investment. Blanchard (2010), Chapter 16.

- Expectations, Output and Policy. Blanchard (2010), Chapter 17.

- Openness in Good and Financial Markets. Blanchard (2010), Chapter 18.

- The Goods Market in an Open Economy. Blanchard (2010), Chapter 19.
- Output, the Interest Rate and the Exchange Rate. Blanchard (2010),  Chapter 20
- Exchange Rate Regimes. Blanchard (2010), Chapter 21.

- Economic Crisis (2007-2013). Blanchard (2010), Chapter 22; Blanchard et al. (2012), Chapter 20.

- Fiscal Policy. Blanchard (2010), Chapter 26.

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Bibliography

Acceda a la bibliografía que su profesor ha solicitado a la Biblioteca.


Blanchard, Oliver, Macroeconomics 5th Edition. International student edition. Pearson-Prentice Hall, 2010.

Blanchard, O., A. Amighini , y F. Giavazzi (2012): Macroeconomía. 5ª Edición. Pearson Education.

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Location

Aulario on Campus Arrosadia, UPNA.

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