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Teaching GuideTerm Faculty of Economics and Business |
| Grao en Economía |
 Subjects |
| Principles of Macroeconomics |
| Contents |
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| Identifying Data | 2020/21 | |||||||||||||
| Subject | Principles of Macroeconomics | Code | 611G01005 | |||||||||||
| Study programme |
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| Descriptors | Cycle | Period | Year | Type | Credits | |||||||||
| Graduate | 2nd four-month period |
First | Basic training | 6 | ||||||||||
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| Topic | Sub-topic |
| 1. THE SCIENCE OF MACROECONOMICS | 1. What Macroeconomics study 2. How economists think |
| 2. THE MACROECONOMICS APPROACH | 1. Introduction 2. The aggregate production 3. The other key macroeconomic variables |
| 3. THE GOODS MARKET: THE IS CURVE | 1. Introduction 2. Components of GDP 3. The demand for goods 4. Investment demand and the interest rate 5. Equilibrium in the goods market and the IS curve |
| 4. THE FINANCIAL MARKETS: THE LM CURVE | 1. Introduction 2. The demand for money 3. Money supply 4. The balance in the money market and the LM curve 5. Monetary policy and open market operations |
| 5. THE GOODS AND FINANCIAL MARKETS: THE IS-LM MODEL |
1. Introduction 2. The goods market and the IS relation 3. Financial markets and the LM Relation 4. The IS-LM 5. Combination of economic policies 6. Introduction of dynamics |
| 6. THE LABOR MARKET | 1. Introduction 2. Overview of the labor market 3. Changes in unemployment 3. The determination of wages 4. The pricing 5. The natural rate of unemployment |
| 7. PUTTING ALL MARKETS TOGETHER: THE AS-AD MODEL | 1. Introduction 2. Aggregate supply: concept, graphic collection and slope 3. Aggregate demand: concept, graphic collection and slope 4. Production of balance short and medium term 5. The effects of a monetary expansion 6. A reduction of the public deficit 7. Conclusions |
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