Teaching GuideTerm
Faculty of Economics and Business
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Grao en Administración e Dirección de Empresas
 Subjects
  Principles of Macroeconomics
   Contents
Topic Sub-topic
UNIT 1. MACROECONOMIC VARIABLES AND NATIONAL ACCOUNTING. UNIT 1.
1.1.-Macroeconomics and macroeconomic policy
1.2.- Gross National Product and Net National Product
1.3.- Gross Domestic Product
1.4.- Problems of measurement of national production
1.5.- Nominal production and real production
1.6.- Price indexes
1.7.- National Income, Personal Income, Available Income
1.8.- The Expenditure. The components of aggregate demand
1.9. Relevant Macroeconomic Identities
UNIT 2. EQUILIBRIUM INCOME UNIT 2.
2.1. Balance production
2.2. The consumption function
2.2.1. Factors on which consumption depends
2.3. Other formulations of the consumption function
2.4. The saving function
2.5. Investment demand
2.6. The equilibrium income in a simple model
2.7. The equilibrium income in a model with the public sector
2.8. Equilibrium income stability
UNIT 3. THE MULTIPLIER ANALYSIS UNIT 3
3.1. Effects of a shift of the saving function
3.1.1. Variation of the saving function
3.1.2. Investment variation
3.2. Introduction to the study of multipliers
3.2.1. The dynamic multiplier
3.2.2. The multiplier with fixed taxes
3.3. The balanced budget theorem
3.4. Deduction of multipliers considering taxes based on income
3.4.1. Increasing income taxes
3.4.2. Multiplier of a variation of the tax rate
3.5. The multiplier in an open economy.
UNIT 4. iNVESTMENT DEMAND. THE IS CURVE UNIT 4
4.1. The introduction of the interest rate
4.2. The decision to invest
4.3. Investing as a capital adjustment process
4.4. Equilibrium income and interest rate. The IS curve
4.4.1. The slope of the IS curve
4.4.2. The displacements of the IS curve
TEMA 5. THE MONEY MARKET UNIT 5
5.1. The money supply
5.2. The demand for money
5.3. The balance in the money market
5.4. The process of expanding bank money
5.5. Balance income and interest rate in the asset market. The LM curve
5.6. Points to the left and right of the IS and LM curves
5.7 The monetary base
5.7.1. Relationship between the monetary base and money supply. The monetary multiplier
5.8. The demand for transactional money
5.9. Money circulation speed and money demand
5.10. Monetary policy and the liquidity trap
5.11. Eurosystem interest rates
UNIT 6. THE AGGREGATE DEMAND CURVE UNIT 6
6.1. The aggregate demand curve
6.1.1. The graphical representation of the aggregate demand curve
6.1.2. Shifts in the aggregate demand curve
6.2. Analytical explanation of the aggregate demand curve
UNIT 7. FISCAL POLICY AND MONETARY POLICY UNIT 7
7.1. Introduction
7.2. Fiscal policy
7.2.1. An increase in public spending
7.2.2. The multiplier of public spending
7.2.3. A change in the tax rate
7.2.4. The multiplier of a tax rate change
7.2.5. The Balanced Budget Multiplier
7.2.6. The effectiveness of fiscal policy
7.3. Monetary policy
7.3.1. Changes in the money supply
7.3.2. The multiplier of money supply changes
7.3.3. The effectiveness of monetary policy
7.4. The effectiveness and certainty of fiscal and monetary policies
7.5. The interaction of monetary and fiscal policy
TEMA 8. THE LABOR MAKET AND THE AGGREGATE SUPPLY 8.1. The fundamental assumptions of the classical model
8.1. The differences between the classical model and the Keynesian model
8.2. The production function. Total, average and marginal productivity.
8.3. The demand for neoclassical labor.
8.4. The neoclassical labor offer
8.5. The Complete Classic Model
8.6. Aggregate supply in the classical economy. The aggregate supply curve (SA)
8.7. Fiscal policy results in the classical model
8.8. Results of monetary policy in the neoclassical model
8.9. Monetary policy with wealth effect in the classic model.
8.10. Supply policies in the classic model
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