COURSE OUTLINE
Macroeconomics I
1. General
School
Academic Unit
Level of Studies
Course code
Semester
Course Title
Idependent Teaching Activities
Weekly Teaching Hours
Credits
Course Type
Prerequite Courses
Language of Instruction and Examinations
Is the course offered to Erasmus Students?
Url (Eclass)
2. Learning Outcomes
Learning Outcomes
The course focuses on several models that are used by economists to assess the economic environment of a country. It discusses the causes and mechanisms of long-term economic growth. It also discusses the causes and mechanisms of short-term business cycles, especially recessions. Several relevant government policies are examined in detail.
After the successful completion of the course, students will be able to:
- Understand the basic tools and techniques of macroeconomics.
- Understand the characteristics of long-term economic growth.
- Understand the characteristics of short-term business cycles.
- Discuss several relevant government policies.
General Competences
- Independent work.
- Creative and analytical thinking.
- Generation of new research ideas
3. Syllabus
- Gross Domestic Product (GDP).
- Measuring the Cost of Living.
- Economic Growth.
- Factor Markets.
- Saving, Investment and the Financial System.
- Unemployment.
- Business Cycles – The Keynesian Cross, the IS/LM Model.
- Aggregate Demand and Supply.
- Money and Inflation.
- Open Economy.
4. Teaching and Learning Methods - Evaluation
Delivery
Use of Information and Communications Technology
Teaching Methods
Activity
Semester Workload
Student Performance Evaluation
Written final exam (100%) including:
- Multiple choice questions.
- Exercises and questions.
5. Attached Bibliography
Suggested Bibliography
- N. Gregory Mankiw and Laurence M. Ball. Μακροοικονομική και το Χρηματοπιστωτικό Σύστημα, Εκδόσεις Gutenberg, 2013.