Type A
|
Code |
Competences Specific | | A1 |
Understand the basic micro-and macroeconomic principles involved in business management.
|
Type B
|
Code |
Competences Transversal | | B4 |
Autonomy, responsibility and initiative |
Type C
|
Code |
Competences Nuclear | | C1 |
Have an intermediate mastery of a foreign language, preferably English |
| C4 |
Be able to express themselves correctly both orally and in writing in one of the two official languages of the URV |
Type A
|
Code |
Learning outcomes |
| A1 |
Analyze the short term: they can explain (i) the effects of monetary and fiscal policies in a closed economy and an open economy and (ii) the adjustment of an economy with an external imbalance.
Analyze the short- and medium-term: they can explain monetary, fiscal and supply policies in an open economy, and economic adjustments in situations of imbalance.
Analyze the role of expectations in macroeconomic analysis.
|
Type B
|
Code |
Learning outcomes |
| B4 |
Do the work planned in accordance with the quality criteria provided.
Decide how to manage and organize work and time.
Decide how to do a particular job so that it is of the highest quality possible.
Decide what needs to be done for a particular job/project and do it according to schedule.
|
Type C
|
Code |
Learning outcomes |
| C1 |
Understand routine information and articles.
Take notes during a class.
| | C4 |
Produce well-structured, clear and rich written texts
Produce written texts that are appropriate to the communicative situation
|
Topic |
Sub-topic |
1. Fiscal and monetary policy in the short term |
• The market for goods and the IS curve
• The market for money and the LM curve
• Equilibrium
• Fiscal Policy and efects
• Monetary Policy and efects
Appendix: Taylor's rule |
2. Demand policies and the exchange rate |
• International trade and the foreign exchange market
• Equilibrium in an open economy
• Balance of Payments
• Monetary, fiscal and exchange rate policy in an open economy
Appendix:Repercussion effects |
3. Expectations |
• Expectations in IS_LM model.
• Adaptive expectations
• Rational expectations
• Application to the AS-AD model |
4. The economy in the medium-term: the AS-AD model |
• Aggregate demand
• The labour market and aggregate supply
• Equilibrium
• Fiscal, monetary and supply policies
• Open economy
Appendix : Dynamic adjustment |
5. Economic growth |
• Growth facts
Neoclassical model of growth.
• Saving
• Technological progress
Appendix: Endogenous growth |
Methodologies :: Tests |
|
Competences |
(*) Class hours
|
Hours outside the classroom
|
(**) Total hours |
Introductory activities |
|
1 |
0 |
1 |
Lecture |
|
33 |
47 |
80 |
Problem solving, exercises in the classroom |
|
10 |
10 |
20 |
Practical cases/ case studies |
|
9 |
27 |
36 |
Personal attention |
|
1 |
0 |
1 |
|
Extended-answer tests |
|
6 |
6 |
12 |
|
(*) On e-learning, hours of virtual attendance of the teacher. (**) The information in the planning table is for guidance only and does not take into account the heterogeneity of the students. |
Methodologies
|
Description |
Introductory activities |
Activities designed to make contact with students, collect information from them and introduce the subject. |
Lecture |
Description of the contents of the subject, raising questions and proposing real life situations to be studied with the analysis presented. |
Problem solving, exercises in the classroom |
Formulation, analysis, resolution and debate of a problem or exercise related to the topic of the subject. |
Practical cases/ case studies |
Students study a particular situation and must propose a reasoned solution, answer a series of questions or carry out a global analysis. |
Personal attention |
Time that each teacher has to speak to pupils and resolve their doubts. |
Description |
Office hours to be communicated the first day classes will be held. |
Methodologies |
Competences
|
Description |
Weight |
|
|
|
|
Extended-answer tests |
|
There will be two exams during the lective period that will account for a 40% (20% every one) of the overall mark, and another final exam on the date of the first official examination session that will account for 50% of the overall mark. |
20%
20%
50% |
Others |
|
Exercises, text comments |
10% |
|
Other comments and second exam session |
If the student does not follow the continuous assessment, he or she shoul contact the professor during the first week of the course. On the date of the second official examination session there will be an exam that will account for 100% of the overall mark. |
Basic |
O. Blanchard, Macroeconomía, 6a, Pearson Prentice Hall
R. Dornbusch, S. Fischer, R. Startz, Macroeconomía, 10a, McGrawHill
Sala-i- Martin, Apuntes de crecimiento econòmico, 2ª, Antoni Bosch
|
|
Complementary |
|
|
Subjects that it is recommended to have taken before |
INTRODUCTION TO MACROECONOMICS/16214005 |
|
(*)The teaching guide is the document in which the URV publishes the information about all its courses. It is a public document and cannot be modified. Only in exceptional cases can it be revised by the competent agent or duly revised so that it is in line with current legislation. |
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