SPECIAL TOPICS IN MACROCONOMICS
| Title | ΕΙΔΙΚΑ ΘΕΜΑΤΑ ΜΑΚΡΟΟΙΚΟΝΟΜΙΑΣ / SPECIAL TOPICS IN MACROCONOMICS |
| Code | 12ΥΣ03 |
| Faculty | Social and Economic Sciences |
| School | Economics |
| Cycle / Level | 1st / Undergraduate |
| Teaching Period | Winter |
| Coordinator | Athanasios Kazanas |
| Common | Yes |
| Status | Active |
| Course ID | 100001495 |
Programme of Study: UPS School of Economics (2013-today)
Registered students: 159
| Orientation | Attendance Type | Semester | Year | ECTS |
|---|---|---|---|---|
| OIKONOMIAS | Compulsory Course belonging to the selected specialization (Compulsory Specialization Course) | 5 | 3 | 6 |
| DIOIKĪSĪ EPICΗEIRĪSEŌN | Elective Courses belonging to the other | 5 | 3 | 6 |
| Academic Year | 2023 – 2024 |
| Class Period | Winter |
| Faculty Instructors | |
| Weekly Hours | 4 |
| Class ID | 600241797
|
Class Schedule
| Building | Amphitheaters Law & Social and Economics Sciences |
| Floor | Floor 1 |
| Hall | ΑΙΘΟΥΣΑ 3 (161) |
| Calendar | Thursdsay 14:00 to 16:00 |
| Building | Amphitheaters Law & Social and Economics Sciences |
| Floor | Floor 1 |
| Hall | ΑΙΘΟΥΣΑ 2 (160) |
| Calendar | Friday 12:00 to 14:00 |
Course Type 2016-2020
- Scientific Area
Course Type 2011-2015
Specific Foundation / Core
Mode of Delivery
- Distance learning
Digital Course Content
- e-Study Guide https://qa.auth.gr/en/class/1/600241797
- At the Website of the School:
Language of Instruction
- Greek (Instruction, Examination)
Prerequisites
General Prerequisites
Basic principles of macroeconomics
Learning Outcomes
Upon successful completion of the course, students will:
• understand the basic principles of microeconomic foundation of macroeconomic models
• understand the short-run equilibrium in a closed economy by formulating and solving algebraic models examining the effects of various macroeconomic policies
• point out the basic principles of confrontation between the two basic theoretical perspectives (Classical and Keynesians)
• understand the medium term equilibrium of an economy by highlighting the impact of labor market distortions on the equilibrium income and employment
• understand how the expectations of economic agents affect the results of macroeconomic policies
• understand the long-term path of the economy, the importance of economic growth as well as the economic policies that can ensure long-term economic growth and development
General Competences
- Apply knowledge in practice
- 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
- Be critical and self-critical
- Advance free, creative and causative thinking
Course Content (Syllabus)
Course objective: The provision of knowledge in the subject of macroeconomic theory and policy at an intermediate level. The deepening of students' knowledge regarding the total demand and supply, the labor market, the dynamic adjustment and the rational expectations and finally the theory of economic growth.
Course content:
• The short-term equilibrium in a closed economy
• The medium term equilibrium in a closed economy
• Adaptive expectations and dynamics
• Rational expectations
• Theory of economic growth
Educational Material Types
- Notes
- Book
Use of Information and Communication Technologies
Use of ICT
- Use of ICT in Course Teaching
- Use of ICT in Laboratory Teaching
- Use of ICT in Communication with Students
Course Organization
| Activities | Workload | ECTS | Individual | Teamwork | Erasmus |
|---|---|---|---|---|---|
| Lectures | 166 | 5.9 | ✓ | ||
| Exams | 2 | 0.1 | ✓ | ||
| Total | 168 | 6 |
Student Assessment
Description
1. Four mid-term exams covering all the material. The final grade will be derived from the average of the mid-term exams score as well as from assignments.
2. Those who do not participate in the mid-term exams will take the final exam in all the material.
Student Assessment methods
- Written Exam with Multiple Choice Questions (Formative)
- Written Exam with Short Answer Questions (Formative)
- Written Exam with Extended Answer Questions (Formative)
- Written Assignment (Formative)
- Written Exam with Problem Solving (Formative)
Bibliography
Course Bibliography (Eudoxus)
1. William Scarth, Μακροοικονομική, εκδ. Κριτική, Αθήνα 2004. Κωδικός Βιβλίου στον ΕΥΔΟΞΟ: 11654.
Additional bibliography for study
2. Μ Σιδηρόπουλος, Μακροοικονομική Θεωρία και Πολιτική, εκδ. Μάρκου Ι. Γ. & Σία, Θεσσαλονίκη, 2016. Κωδικός Βιβλίου στον ΕΥΔΟΞΟ: 50660437.
3. Heijdra Ben, Foundations of Modern Macroeconomics, 2nd Edition, Oxford University Press, 2009.
4. Romer David, Advanced Macroeconomics, 5th Edition, McGraw Hill, 2011.
Last Update
11-01-2022
