Public University of Navarre



Academic year: 2017/2018 | Previous academic years:  2018/2019  |  2016/2017  |  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) GUTIERREZ NAVRATIL, LUISA FERNANDA

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

LO2. Model of output determination in an open economy, money, inflation, unemployment, growth and economic policy instruments.
LO9. Macroeconomic models, economic growth and development, regional and urban economics.

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Methodology

Metodología - Actividad Horas Presenciales Horas no presenciales
A-1 Lectures 30  
A-2 Seminars 20  
A-3 Discussions 08  
A-4 Homeworks   20
A-5 Reading material   10
A-6 Individual studying   36
A-7 Exams 06  
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) 35%
MID-TERM EXAM (substitutable in second-attempt exam) 25% (substitutable in second-attempt exam
Final Exam 40% (substitutable in second-attempt exam

 

Those students who do not take any of the two final exams will obtain the overall grade "NO PRESENTADO".

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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

Extension I: Expectations

Financial Markets and Expectations

Expectations, Consumption, and Investment

16.Expectations, Output, and Policy

Extension II: The Open Economy

Openness in Goods and Financial Markets

The Goods Market in an Open Economy

Output, the Interest Rate, and the Exchange Rate

20. Exchange Rate Regimes

Extension III: Back to Policy

Should Policy Makers Be Restrained?

Fiscal Policy: A Summing Up

Monetary Policy: A Summing Up

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Bibliography

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


Blanchard, Oliver, Macroeconomics 7th Edition. Pearson, 2017.

 

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Location

Aulario Campus Arrosadia, UPNA.

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