ISCTE-IUL > Education > LE

Macroeconomics II (2 º Sem 2017/2018)

Code:	L0272
Acronym:	L0272
Level:	1st Cycle
Basic:	Yes
Teaching Language(s):	English, Portuguese
Friendly languages:

Be English-friendly or any other language-friendly means that UC is taught in a language but can either of the following conditions:
1. There are support materials in English / other language;
2. There are exercises, tests and exams in English / other language;
3. There is a possibility to present written or oral work in English / other language.

Semester	ECTS Credits	Theoretical Lesson (T)	Theoretical and Pratical Lesson (TP)	Practical and laboratorial lesson (PL)	Seminary (S)	Field Work (TC)	Training Period (E)	Tutorial Orientation (OT)	Contact Hours	Autonomous Work	Others (O)	Total Load Hours [?]Contact Hours + Autonomous Work
1	6.0	36.0 h/sem	0.0 h/sem	18.0 h/sem	0.0 h/sem	0.0 h/sem	0.0 h/sem	1.0 h/sem	55.0 h/sem	95.0 h/sem	0.0 h/sem	150.0 h/sem


Since year	2017/2018
Pre-requisites	Fundamentals of Macroeconomics
Objectives	At the end of the present learning unit students should have developed skills that allow them to understand the fundamental macroeconomic aspects that determine an economy's performance both in the short and in the long run.
Program	1. Economic Growth Facts and Mathematical Tools 2. The Solow Growth Model 3. Technology in the Solow Growth Model 4. Human Capital in the Solow Growth Model 5. Convergence and Growth Accounting 6. Endogenous Growth Models I: AK and Learning-By-Doing 7. Endogenous Growth Models II: Ideas and Romer Growth Model 8. Consumption and Saving Decisions 9. Investment 10. Consumption, Saving, and the Current Account 11. Public Deficits 12. Public Debt Sustainability
Evaluation Method	Performance evaluation is an ongoing activity as the term progresses and includes the following elements: - To assist at a minimum of 80% of total lectures - One middle-term test accounting for 50% of final grade - One final test accounting for 50% of final grade - In order to get a positive grade in the course, the mark on the final test cannot be below 8/20.
Teaching Method	Each student should acquire analytical, information gathering, written and oral communication skills. The following learning methodologies (LM)will be used: 1. Expositional, to the presentation of the theoretical reference frames 2. Participative, with analysis and resolution of application exercises 3. Active, with the realization of individual test 4. Self-study, related with autonomous work by the student, as is contemplated in the Class Planning.
Observations	Students are expected to participate actively throughout the semester. This means studying before classes, solving the problem sets, and complying with the course evaluation. On the blackboard website all the lecture notes and assignments for the CU can be downloaded. This website is permanently up-dated and frequent news allow students to follow the practical information concerning the course.
Basic Bibliographic	- Jones, Charles I. (2013), Introduction to Economic Growth, 3rd Edition, Norton, New York. - Sachs, J. and Larrain, F. (1993), Macroeconomics in the Global Economy, 3rd Edition, Prentice Hall.
Complementar Bibliographic	- Abel, A., Bernanke, S. e Croushore, D. (2010). Macroeconomics, 7th Edition, - Addison Wesley, New York. - Williamson, S. D. (2010), Macroeconomics, 4th Edition, Pearson Addison--Wesley, New York.