Course Details

Country: Spain
Course Title: Economics II (Macroeconomics)
Course Number: 16619
Course Description: This course first introduces the Basic Macroeconomic Model and studies the most relevant macroeconomic indicators that measure economic performance. After this, it will discuss the two most important tools used to stabilize an economy: fiscal policy and monetary policy. Next, the program concentrates on open economies, paying special attention to the debate around the advantages and disadvantages of common currency areas. The course closes with an assessment of current debates regarding macroeconomic policies and economic growth. The contents of the course are as follows: 1 - The Global Economy and Macroeconomics 2 - National Income Accounting, GDP and Financial Accounting 3 - Aggregate Demand, Aggregate Supply and the Short Run Equilibrium 4 - The Public Sector, Fiscal Policy, and the Public Policy debate 5 - Money and Banking 6 - Central Banks and Monetary Policy 7 - The Open Economy: Balance of Payments, Exchange Rates and Common Currency Areas
Language: English
Approved Equivalent: ECON 311
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