Based on the most consolidated theoretical and empirical research evidence, the course aims to represent the main models of functioning of macroeconomic systems linked to the stylized facts from real data, making processes of knowledge for junior professional functions with economic-administrative competences, including those with managerial responsibilities.
For this purpose, the course aims to teach to understand the role of the real and financial sectors of the economy, their interactions in the short, medium and long term, as well as the effects of the relationships established between an economy and the rest of the world.
Being a social science, theories and models constantly refer to historical evolution, up to including the analysis of the recent economic crisis that originated with the financial turbulence of 2007, also with specific reference to the Italian and European experience.
EXPECTED LEARNING OUTCOMES
KNOWLEDGE AND UNDERSTANDING
The student, with the acquisition of the credits, will have to be able to understand the functioning of the real and financial sectors of the economy and to reason critically on the interactions between them.
APPLYING KNOWLEDGE AND UNDERSTANDING
At the end of the course, students will be able to apply the general knowledge and the macroeconomic models learned to understand the extent of macroeconomic interventions, the efficiency of the related economic policy tools, evaluating the differences to reach certain objectives, and identifying the effects of ongoing macroeconomic phenomena.
At the end of the course, students will be able to understand and use specific macroeconomic terminology, referring to economic analysis and to the main macroeconomic phenomena.