Macroeconomics

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Undergraduate level | 4th semester | Compulsory Unit | ΟΚ3600

 

Credit Units ECTS: 5 

Teaching Hours (Weekly): 3   

Course Type: General Background

Prequisites: Economic Theory IΙ

Teaching and Examination Language: Greek

For Erasmus students study course and exams are offered in English.

Course Material

Introduction. Economic development. Money and Inflation. Interest rates and monetary transmission. Monetary and fiscal policy. IS-LM models. Total supply, prices and adjustment disorders. Inflation expectations and credibility. Labor market. Neoclassical macroeconomic theory. Macroeconomic analysis of openness.

Learning Outcomes

The main objective of the course is the analysis of the macroeconomic environment using mainly both diagrammatical and mathematical analysis, according to the theories of modern political science.

General Skills

Work autonomously, make decisions. Advance creative and causative thinking.

Learning and Teaching Techniques - Evaluation

Teaching Methods: Face to face

Use of ICT: Yes

Course Organization:

Activity	Semester Work Load
Lectures	35
Study and Literature Review	50
Practical Issues	40
Total	125

 Assessment Methods:

• Exams at the end of the semester
• Exercises during the semester

Suggested Bibliography

• Mankiw, G.N., (2000), Macroeconomic theory, 4th ed., Gutenberg.
• Mankiw, G.N. & Taylor, M.P., *2010), Principles of economic theory, Volume II, Gutenberg.