ISCTE-IUL > Education > LE

Macroeconomics II (2 º Sem 2018/2019)

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	2018/2019
Pre-requisites	Fundamentals of Macroeconomics
Objectives	At the end of this learning unit students are expected to have developed skills that allow them to understand the fundamental macroeconomic aspects of 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. Convergence and growth accounting 4. Endogenous growth models I: AK and learning-by-doing 5. Endogenous growth models II: ideas and Romer growth model 6. Consumption and saving decisions 7. Ricardian equivalence 8. Investment 9. The current account 10. Public deficits and public debt sustainability
Evaluation Method	Performance evaluation is an ongoing activity as the term progresses and includes the following elements: - To assist to a minimum of 80% of total lectures - One middle-term test accounting for 50% of the final grade - One final test accounting for 50% of the final result - 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. Lecture notes and assignments for the CU can be downloaded on the fénix website. This website is permanently updated with materials and news about practical information concerning the course.
Basic Bibliographic	- Jones, Charles I. (2013), Introduction to Economic Growth, 3rd Edition, Norton, New York. - Jones, Charles I. (2017), Macroeconomics, 4th Edition, Norton, New York.
Complementar Bibliographic	- Abel, A., Bernanke, S. e Croushore, D. (2010). Macroeconomics, 7th Edition, - Addison Wesley, New York. - Mishkin, F.S. (2014); Macroeconomics, 2nd Edition, Policy and Practice, Pearson Addison--Wesley, New York. - Williamson, S. D. (2014), Macroeconomics, 5th Edition, Pearson Addison--Wesley, New York.