Public University of Navarre



Academic year: 2016/2017 | Previous academic years:  2018/2019  |  2017/2018  |  2015/2016  |  2014/2015 
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
MARTINEZ DE MORENTIN OSES, SARA (Resp)

Partes de este texto:

 

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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Learning outcomes

Acquisition of instruments to evaluate economic authorities policies.

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Methodology

Metodología - Actividad

Horas Presenciales

Horas no presenciales

A-1 Lectures

30

 

A-2 Seminars

20

 

A-3 Discussions

10  

A-4 Homeworks

  20

A-5 Reading material

  10

A-6 Individual studying

 

36

A-7 Exams

04

 

A-8 Office Hours

20

 

Total

84

66

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Relationship between formative activities and proficiencies

ACTIVIDAD

  COMPETENCIAS

Lectures

Class presentation of the theoretical contents of the course. CG01, CG07, CE01, CE04 y CE10.
Seminars Small groups. Practical exercises previously assigned for individual or small group work. Discussion of research articles and news clippings related to macroeconomic issues. Combined with the practical matter of Econometrics. CG03, CG07, CG09, CG12, CG19, CE04, CE05, CE06 y CE10.

Homeworks

Individual and group non presential work. Collection of exercises and solve problems along the way. Several sets of exercises to be delivered and corrected by the teacher are selected. Testing in which the macroeconomic reality is analyzed and predictions of the models are evaluated. CG03, CG04, CG07, CG09, CG11, CG12, CG19, CE05, CE06 y CE10.
Office Hours Sessions teacher-student or between the teacher and a small group of students work. CG02, CG03, CG07 y CG09.
Mid-term and Final Exam   CG01, CG03, CG07, CG12, CG17, CE01, CE04 y CE10.

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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% (substitutable in second-attempt exam
Final Exam 40% (substitutable in second-attempt exam

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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 Campus Arrosadia, UPNA.

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