Macroeconomic Analysis


COURSE OUTLINE

 

  1. GENERAL
SCHOOL AGRICULTURAL AND FORESTRY SCIENCES
DEPARTMENT AGRICULTURAL DEVELOPMENT
STUDY LEVEL Undergraduate
COURSE CODE ECO0004 SEMESTER 6th
COURSE TITLE Macroeocomic Analysis
INDEPENDENT TEACHING ACTIVITIES

 

TEACHING HOURS PER WEEK ECTS
Lectures and laboratory course 5 5
COURSE TYPE Specialisation
PREREQUISITE COURSE(S):
LANGUAGE (TEACHING AND EXAMS) Greek
THE COURSE IS OFFERED TO ERASMUS STUDENTS Yes (in English)
COURSE WEBSITE (URL) https://eclass.duth.gr/courses/OPE01118/

 

  1. TEACHING OUTCOMES
Teaching outcomes
Students become familiar with the main concepts, theories and analysis tools for the study of macroeconomic problems.
General capabilities
§  Independent work

§  Literature search, data analysis and synthesis

§  Development of inductive reasoning

 

 

  1. COURSE CONTENT
  1. Introduction
  2. Consumption and savings function.
  3. Investment function.
  4. Determination of equilibrium income: without state intervention, with state intervention
  5. The multiplier (investment, government expenditure and taxation).
  6. The role of the state in the economy. Budgetary and monetary policy.
  7. Comparison of the Monetary and Keynesian school of economics.
  8. Monetary markets, money demand, interest rates
  9. IS-LM curves
  10. Determination of income in an open economy (exchange rate, product and money market, balance income).
  11. Modern economic theories
  12. Specific issues of the macroeconomic environment of Greece.
  13. Re-run lecture – Exercises

 

  1. TEACHING AND LEARNING ASSESSMENT METHODS
DELIVERING METHOD In classroom
IT USE §  Power point

§  Econometric software

§  e-class

 

TEACHING ORGANIZATION Activity Semester workload

 

Lectures 39
Assignment 15
Applied exercises 26
Independent study 45
Course total

(25-hour workload per credit unit)

 

125

STUDENT ASSESSMENT

 

Written exams at the end of the semester both on theoretical and practical courses, consisting of (a) multiple choice (b) numerical exercises (c) theoretical problems explanations.

 

 

  1. PROPOSED LITERATURE
[15082]: Μακροοικονομική. Krugman Paul R.,Wells Robin

[31760]: Μακροοικονομική θεωρία-Ενιαίο, Mankiw Gregory N.

[30209]: Μακροοικονομική θεωρία και πολιτική. Πετράκη – Κώττη Αθηνά,Κώττης Γεώργιος Χ.

[33133173]: ΜΑΚΡΟΟΙΚΟΝΟΜΙΚΗ ΘΕΩΡΙΑ & ΠΟΛΙΤΙΚΗ. Λιανός Θ., Μπένος Θ.

[7779]: Μακροοικονομική Ανάλυση, Ευάγγελος Παπαναγιώτου