The aim of this course is to motivate the students with the use of simple analytical tools to interpret and discuss current macroeconomic challenges, in a worldwide perspective.
António Miguel Amoedo Lebre de Freitas
Weekly - Available soon
Total - Available soon
The course will draw on different books and papers, depending on the topic. A references that contain most of the material is:
For specific topics we will also use:
Some articles for discussion will be selected from the IMF publication Finance and Development, available in http://www.imf.org/external/pubs/ft/fandd/fda.htm, from VoxEU.org (http://www.voxeu.org/), the Project Syndicate, Paul Krugman and others.
The teaching includes reviews of models already introduced in undergraduate macro, as well as the introduction of other (simple) tools. The course consists in formal lectures, where the theoretical material is presented, take-home exercises, and a written assignment focusing on the topics addressed in the course.
One take-home problem-set to be delivered by the end of week 2 (10%); a mid-term assessment (30%); final exam (30%); discussion of a case study in class and delivery of a written report no later than Dec 2 (30%).
? Schools of thought.
? Savings, Investment and the Current Account in the well-functioning economy.
? Money, banking, and financial Market Frictions.
? Sticky prices.
? Fiscal aspects of exchange rate regimes.
? Capital Flows and the real exchange rate.
? Sovereign debt crisis.
Programs where the course is taught: