Applied macroeconomics for managers (UD)

- Provide the students with the theoretical foundations to understand macroeconomic phenomena from the perspective of both traditional and modern theories
- Provide the students with an understanding of the core differences between the theories and the implications these differences have from economic policy perspective
- Provide the students with both the theory and empirics of specific macroeconomic issues
- Enable the students with the compences to individually analyze the causes of macroeconomic events and evaluate the consequences of policy measuers

1. Introduction
2. National accounts, gross domestic product
3. Equilibrium in the goods market and Keynesian multiplier
4. Government intervention and fiscal policy
5. Money and finance
6. Money market equilibrium and central bank
7. Equilibrium in the goods and money markets: the IS-LM model
8. Labor market: the WS-PS model
9. The Phillips curve, the NAIRU and expectations
10. Putting all markets together: the AS-AD model
11. Credibility and long-run reform
12. Balance of payments and exchange rate
13. Macroeconomics of the open economy: the Mundell-Fleming model
14. Exogeneous growth models: the Solow-Swan model
15. Endogeneous growth models