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ISCTE-IUL  >  Education  >  LE

Macroeconomics II (2 º Sem 2016/2017)

Code: L0272
Acronym: L0272
Level: 1st Cycle
Basic: Yes
Teaching Language(s): Portuguese, English
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.
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 2016/2017
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. Introduction to Economic Growth
2. The Solow Growth Model
3. Empirical Applications of the Solow Growth Model
4. Endogenous Growth Models
5. Public debt sustainability
6. Business Cycles Stylized Facts
7. The Labor Market
8. Consumption and Saving Decisions
9. Ricardian Equivalence and Credit Market Imperfections
10. The Real Intertemporal Model
11. The Money Market
12. Market-Clearing Models of the Business Cycle

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 40% of final grade
- One final test accounting for 60% 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.
-  Williamson, S. D. (2010), Macroeconomics, 4th Edition, Pearson Addison--Wesley, New York.

Complementar Bibliographic - Abel, A., Bernanke, S.  e Croushore, D. (2010). Macroeconomics, 7th Edition, - Addison Wesley, New York.