MACROECONOMICS II

Course Information
TitleΜΑΚΡΟΟΙΚΟΝΟΜΙΚΗ II / MACROECONOMICS II
Code12ΥΔ02
FacultySocial and Economic Sciences
SchoolEconomics
Cycle / Level1st / Undergraduate
Teaching PeriodSpring
CoordinatorMoysis Sidiropoulos
CommonYes
StatusActive
Course ID100001420

Programme of Study: UPS School of Economics (2013-today)

Registered students: 744
OrientationAttendance TypeSemesterYearECTS
CORECompulsory Course425.5
Class Information
Academic Year2020 – 2021
Class PeriodSpring
Faculty Instructors
Weekly Hours4
Class ID
600178392
Course Type 2016-2020
  • Background
  • Scientific Area
Course Type 2011-2015
Specific Foundation / Core
Mode of Delivery
  • Distance learning
Digital Course Content
Language of Instruction
  • Greek (Instruction, Examination)
Learning Outcomes
Upon successful completion of the course, students will be able to: 1. understand and assess the impact of monetary and fiscal policy 2. understand how an open economy works 3. understand the concept of Growth and its drivers
General Competences
  • Retrieve, analyse and synthesise data and information, with the use of necessary technologies
  • Adapt to new situations
  • Make decisions
  • Work autonomously
  • Work in an international context
  • Work in an interdisciplinary team
  • Generate new research ideas
  • Design and manage projects
  • Advance free, creative and causative thinking
Course Content (Syllabus)
The course contain three parts: the first part is presented the role of money and financial markets to macroeconomic equilibrium. More specifically examined the money and its functions , how is the money , the central bank, objectives and tools of monetary policy transmission mechanisms . The IS-LM model in a closed and open economy presented . In second place comes the labor market analysis to determine the "full employment" in the context of classical theory and the " under-employment " in the context of Keynesian macroeconomic equilibrium at the base of the model of aggregate demand - aggregate supply (AD-AS) . The third part shows the effectiveness of macroeconomic policy , inflation , and economic policy unemployment (curve Phillips) and finally the role of expectations ( as updated and rational ) the effectiveness of macroeconomic policy . In this context , we studied the relationship of inflation - unemployment relationship between inflation , activity and money supply , expectations , financial markets and exchange rates , and the question of the effectiveness of monetary and fiscal policy . Finally, a reference to the problems of macroeconomic policies in the euro area : the issue of monetary governance and public finances in the EU
Educational Material Types
  • Book
Use of Information and Communication Technologies
Use of ICT
  • Use of ICT in Communication with Students
Course Organization
ActivitiesWorkloadECTSIndividualTeamworkErasmus
Lectures1525.4✓
Exams20.1✓
Total1545.5
Student Assessment
Student Assessment methods
  • Written Exam with Extended Answer Questions (Formative)
  • Written Assignment (Formative)
  • Written Exam with Problem Solving (Formative)
Bibliography
Course Bibliography (Eudoxus)
Βιβλιογραφία μαθήματος (Εύδοξος) 1. Μ. Σιδηρόπουλος, Μακροοικονομική Ανάλυση: Θεωρία, Ασκήσεις, Εφαρμογές, εκδ. Ζυγός, Θεσσαλονίκη 2008. Κωδικός Βιβλίου στον ΕΥΔΟΞΟ: 8013. 2. G. Mankiw, Μακροοικονομική, εκδ. Γ. Δαρδανός – Κ. Δαρδανός, Αθήνα 2019. 3. M. Burda, C. Wyplosz, Ευρωπαϊκή Οικονομική - Ενιαίο, εκδ. Guten-berg, Αθήνα 2010. Κωδικός Βιβλίου στον ΕΥΔΟΞΟ: 32194. 4. Ο. Blanchard, Μακροοικονομική, εκδ. Επίκεντρο, Θεσσαλονίκη 2012. Κωδικός Βιβλίου στον ΕΥΔΟΞΟ: 22686216.
Last Update
16-12-2021