Universidad Pública de Navarra - Nafarroako Univertsitate Publikoa
Public University of Navarre
| Course code: 176406 | Subject title: MACROECONOMICS II | ||||
| Credits: 6 | Type of subject: Mandatory | Year: 2 | Period: 2º S | ||
| Department: Economía | |||||
| Lecturers: | |||||
| GALDON SANCHEZ, JOSE ENRIQUE (Resp) [Mentoring ] | MARTINEZ MORA, FRANCISCO DE ASIS [Mentoring ] | ||||
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.
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.
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.
Learning outcomes
R_AE_10. Know the macroeconomic models for determining income, interest rates and prices.
R_AE_11. Analyzing stabilization economic policies, monetary policy, fiscal policy and supply policies in a closed economy
R_AE_12. Analyzing economic stabilization policies, monetary policy, fiscal policy and supply policies in an open economy.
Methodology
| Activities | Presence Hours | Non-presence Hours |
| 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 |
Evaluation
| Learning outcome |
Assessment activity |
Weight (%) | It allows test resit |
Minimum required grade |
|---|---|---|---|---|
| R10, R11. Block 1 |
Mid-term exam 1 | 25 | Yes | 0 |
| R10, R12. Block 2 | Mid-term exam 2 | 25 | Yes | 0 |
| R10, R11, R12 | Final exam (all the contents of the course) | 50 | Yes | 4 |
Those students who do not take the final exam and the second-attempt exam will obtain the overall grade "NO PRESENTADO".
Second-attempt exam: All the students who do not pass the course after the final exam have the possibility to take the second-attempt exam, which will include all the contents of the course. The results of the Mid-term and Final exams will be replaced for the grade obtained in the second-attempt exam that will become the overall grade in the course.
Agenda
Block I
1. Financial Markets and Expectations
2. Expectations, Consumption, and Investment
3. Expectations, Output, and Policy
Block II
4. Openness in Goods and Financial Markets
5. The Goods Market in an Open Economy
6. Output, the Interest Rate, and the Exchange Rate
7. Exchange Rate Regimes
Block III
8. Should Policy Makers Be Restrained?
9. Fiscal Policy: A Summing Up
Bibliography
Access the bibliography that your professor has requested from the Library.
Blanchard, Olivier. "Macroeconomics", 8th edition, Global Edition. Pearson Education. 2021.