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Class Applied Macroeconimics

  • Presentation

    Presentation

    The subject of Applied Macroeconomics 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 macroeconomic analysis and policy-making, framing their theoretical knowledge in the global reality.
    Continuous practical work 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. 

     

  • Code

    Code

    ULHT248-13386
  • Syllabus

    Syllabus

    1-Long-Term Economic Growth

    2-Inflation and Monetary Policy 

    3-Public Deficit and Fiscal Policy

    4-Dynamic Programming. Dynamic Programming with Finite Horizon. Job Search and Money Demand

    5-Case Studies

    6-Practical Applied Research

  • Objectives

    Objectives

    The student should be able to critically evaluate alternative economic arguments on contemporary economic problems, as well as know the theoretical implications in the design of economic policy.
    Applied Macroeconomics perspectives the training of professionals to act in the field of macroeconomic modeling either for the financial market or for consulting firms, by training in macroeconomic models through the development of tools to solve problems in Applied Macroeconomics.

  • 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.

  • References

    References

    Romer, David (2001) Advanced Macroeconomics,  McGraw-Hill Higher Education, New York, Estados Unidos da América

    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. 

     

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