SUBJECT 25845 - Macroeconomics COMPETENCIAS

GUÍA DOCENTE
2014/15
Centre
321 - Faculty of Economics and Business Studies
Ciclo
Indiferente
Plan
GECONO30 - Bachelor`s Degree in Economics
Curso
Second year
SUBJECT
Créditos ECTS : 6
25845 - Macroeconomics
COMPETENCIAS/DESCRIPCION/OBJETIVOS
The SKILLS that you are going to develop and acquire in this course are the following:
C1. Bring rationality to the analysis and description of macroeconomic questions, focusing on the long run.
C2. Evaluate the consequences of different policy alternatives and choose the most adequate one to meet some targets,
in a long run context.
C3. Derive relevant professional information from macroeconomic data, regarding long run questions.
Those skills are reflected in the following teaching AIMS:
O1. Analyze the role of Macroeconomics and present the discipline among other Social Sciences.
O2. Understand the economic concepts underlying the main macroeconomic aggregates, being able to describe how they
are computed and who elaborates the official statistics in a country.
O3. Use basic models of income determination in closed and open economics, being able to represent them graphically
and to solve them analytical and numerically.
O4. Analyze the differences in growth patterns of different economies. Use the Solow model to predict the long run
behavior of the economy.
O5. Understand the definitions and concepts of unemployment, from the long run perspective.
O6. Analyze the role of money in modern economies and understand the role of monetary policy under the Classic
Monetary Theory.
O7. Understand the concept of economic fluctuations, analyzing the implications of the fixed prices vs. flexible prices
assumption.
 
So expected LEARNING RESULTS are:
R1. To describe how the data on the main macroeconomic aggregates are computed and which institutions are in charge
of constructing and releasing them.
R2. Interpret the assumptions and foundations of macroeconomic models to study long run questions, being able of
analyzing them graphically and of using them to solve mathematically related questions.
R3. Analyze the effect of fiscal and monetary policies in the framework of the proposed long run macroeconomic models.
R4. Write professional reports based on the results derived from a quantitative exercise to propose simple economic policy
recommendations.
In this course, you will also acquire some cross-courses SKILLS. In particular,
T1. Identify the relevant sources of economic information and their contents.
T2. Use information and communication technologies in your professional development
T3. Read and communicate fluently in professional terms in more than one language, especially in English.
T4. Develop fluent communication skills.
TEMARIO
Contents
1. The macroeconomic data
2. National income: production, distribution and allocation.
3. Economic growth
4. Money and inflation
5. Unemployment
6. An open economy
7. Introduction to economic fluctuations and economic policy.
TIPOS DE DOCENCIA
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Tipo de Docencia
Horas de Docencia Presencial
M
42
S
9
GA
9
Horas de Actividad No Presencial del Alumno
60
18
12
Leyenda:
GL
GO
GCL
TA
M: Magistral
S: Seminario
GA: P. de Aula
GL: P. Laboratorio
GCL: P. Clínicas
TA: Taller
TI: Taller Ind.
GCA: P. de Campo
TI
GCA
GO: P. Ordenador
Aclaraciones :
[1] The working schedule for the course, with the distribution of lecture hours, will be presented in class. It will account for
the general timetable set by the Facultad.
[2] Learning materials will be posted in the virtual platform of the UPV/EHU.
EVALUACION
- Examen escrito a desarrollar
- Examen escrito tipo test
- Examen oral
- Realización de prácticas (ejercicios, casos o problemas)
- Trabajos individuales
- Trabajos en grupo
- Exposición de trabajos, lecturas...
Aclaraciones :
At the beginning of the course, the instructor will present the syllabus for the course, with details about the evaluation
system.
The continuous assessment will be based on multiple choice tests (70%) and assignments (30%).
The deadline to opt out of the continuous assessment is November 21st. You must inform your instructor in writing about
it.
For those opting out of the continuous assessment, the December and June exams will cover the entire subject and be
based on multiple choice tests (75%) and assignments (25%).
MATERIALES DE USO OBLIGATORIO
[1] Mankiw, N. G., Macroeconomics. Worth Publishers; Eight Edition (2013) or Worth Publishers; 6th Edition edition
(2006)
[2] Student book for Economic Growth.
[3] Any other material published on-line.
BIBLIOGRAFIA
Bibliografía básica
[1] Mankiw, N. G., Macroeconomics. Worth Publishers; Eight Edition (2013) or Worth Publishers; 6th Edition edition
(2006)
[2] Student book for Economic Growth.
[3] Any other material published on-line.
Bibliografía de profundización
[1] Abel, A. B. y B.S. Bernake, ¿Macroeconomía¿. 4ª edición, 2004, Pearson Addison Wesley.
[2] Bajo, O., Díaz, C., y M.A. Mones, ¿Ejercicios de Macroeconomía Intermedia¿. (1997). Antoni Bosch Editor.
[3] Bajo, O. y A. Monés. ¿Curso de Macroeconomía¿. 2000. Antoni Bosh Editor.
[4] Barro, R.J., Grilli, V., y R. Febrero. ¿Macroeconomía. Teoría y Política¿. 1997. McGraw-Hill, Madrid.
[5] Bergstom, R.S. y T.C. Varian. ¿Ejercicios de Microeconomía Intermedia¿. 5ª Edición, 2001. Antoni Bosch Editor.
[6] Blanchard, Oliver, ¿Macroeconomía¿. 2006, Pearson Educación.
[7] Díaz-Giménez, ¿Macroeconomía: Primeros Conceptos¿. 1999. Antoni Bosch Editor.
[8] Dornbusch, R., Fischer, S. y R. Startz. ¿Macroeconomía¿. 8ª edición, 2002. McGraw-Hill.
[9] Gámez, C. Mochón, F., Grana, J. F., García-Alarcón, B. y J.L. Torres. ¿Cuestiones y Problemas de Macroeconomía¿.
1996. McGraw-Hill, Madrid
[10] Gutiérrez, M.J., De la Rica, S., Ugidos, A. y J. Vázquez, ¿Macroeconomía de Largo Plazo: Ejercicios tipo test
resueltos¿. 2002. Servicio Editorial de la UPV/EHU. ISBN 84-8373-457-5.
[11] Wyplosz, C. y Burda, M., ¿Macroeconomía. Un Texto Europeo¿. 1994, Ariel, Barcelona.
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Revistas
Direcciones de internet de interés
- INE: http://www.ine.es/
- Banco Central Europeo, http://www.ecb.int/
- Banco Mundial, http://www.worldbank.org/
- Eurostat: http://europa.eu.int/comm/eurostat/
- Eustat: http://www.eustat.es/
- Banco de España: http://www.bde.es/
- Fondo Monetario Internacional: http://www.imf.org/
- OCDE: http://www.oecd.org/home/
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