Intermediate Macroeconomics

Humanities & Social Sciences Program
Alicante, Spain

Dates: 2/1/21 - 5/27/21

Humanities & Social Sciences

Intermediate Macroeconomics

Intermediate Macroeconomics Course Overview

OVERVIEW

CEA CAPA Partner Institution: University of Alicante
Location: Alicante, Spain
Primary Subject Area: Economics
Instruction in: English
Transcript Source: Partner Institution
Course Details: Level 200
Recommended Semester Credits: 3
Contact Hours: 60
Prerequisites: Introduction to Macroeconomics

DESCRIPTION

This subject is the second one in the degree of Business Administration and Management in the sequence of Macroeconomics, being the continuation of Introduction to Macroeconomics studied during the second semester of the first year.

It belongs to the category of Economic Analysis.

The aim is to provide the student with the basic knowledge, theoretical and empirical, to understand and analyse the main economic problems of an economy at the aggregate level in the long run (economic growth) and in the short run (economic fluctuations) by means of the use of simple models. It begins with the study of the main determinants of income levels and the analysis of the international discrepancies in the levels of per capita income and productive capacity in the long run. Then it tackles the problem of fluctuations of the main macroeconomic variables around their respective long run values. In this context it studies the dynamics of inflation, interest rates and unemployment rates, explaining the economic policy means that can be used to stabilize the economy.

Course will consist of 60hrs of in class work and 90 hrs of independent work outside the classroom.


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