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Presentation
Presentation
The subject of Macroeconomics II aims to study macroeconomics at an intermediate level, preparing students to transpose the theoretical knowledge obtained to the analysis of economic reality, using case studies and a seminar, in which communications will be presented by the students, to better pursue this objective.
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Class from course
Class from course
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Degree | Semesters | ECTS
Degree | Semesters | ECTS
Bachelor | Semestral | 6
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Year | Nature | Language
Year | Nature | Language
2 | Mandatory | Português
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Code
Code
ULHT32-2923
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Prerequisites and corequisites
Prerequisites and corequisites
Not applicable
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Professional Internship
Professional Internship
Não
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Syllabus
Syllabus
Program of the Discipline
1- Open Economy with Fixed Prices
2 - Open Economy with Flexible Prices
3- Macroeconomic policy making
4 - Stabilization Policy
5 - Economic Interdependence and Policy Coordination
6 - Economic Growth in the long run
7 - The Solow Model
8 - The Endogenous Growth Model
9 - The Ramsey-Cass-Koopmans Model
10 - Diamond's model
11 - The New Growth Theory
12 - Case Studies
13 - Seminar on Macroeconomics
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Objectives
Objectives
The subject of Macroeconomics II presents some models of long-term economic growth and makes the connection between economic theory and the Portuguese and world economic reality, using case studies. Thus, students obtain a set of technical skills in the field of analysis and definition of macroeconomic policies, framing their theoretical knowledge in the global reality.
The research work leading to the presentation of a paper to the seminar represents a potentially enriching experience for the interested student, constituting an opportunity to carry out work focused on the analysis of economic developments, providing a stage for discussion with peers.
The student should be able to critically evaluate alternative economic arguments on contemporary economic problems, as well as know the theoretical implications for economic policy design.
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Teaching methodologies and assessment
Teaching methodologies and assessment
Weekly economic news analysis to be carried out by students at the beginning of each class, commenting on the main developments in the global economy.
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References
References
Mankiw, N. Gregory (2021), Macroeconomics, 10th edition, McGraw-Hill, New York
Romer, D. (2001), Advanced Macroeconomics, McGraw Hill, New York
Ahir, H (2021), Macroeconomic research in low-income countries : advances made in five key areas through a DFID-IMF collaboration, International Monetary Fund
Babb NR and AK Detmeister (2017), ‘Nonlinearities in the Phillips Curve for the United States: Evidence Using Metropolitan Data’, Board of Governors of the Federal Reserve System Finance and Economics Discussion Series No 2017-070.
Ball L and NG Mankiw (1994), ‘Asymmetric Price Adjustment and Economic Fluctuations’, The Economic Journal, 104(423), pp 247–261.
Pescatori, A., D. sandri, and J. simon, (2013), “Debt and growth: is There a magic Threshold?” IMF working paper
Romer CD and J Bernstein (2009), ‘The Job Impact of the American Recovery and Reinvestment Plan’, Report, 9 January.
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Office Hours
Office Hours
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Mobility
Mobility
No
