Macroeconomic Theory II


This course will continue the discussion of the main macroeconomic models developed in Macroeconomic Theory I. Basically, in this course we will analyze the economy in the short-run, as compared to the economy in the long-run, studied in the 1st semester. We will present the standard macroeconomic models (ΙS-LM, AD-AS, Mundell Fleming), which allow to study issues like economic fluctuations, economic growth and the effects of the monetary and fiscal policy in the short and in the long run. A central feature of the course includes understanding the ability and limitations of macroeconomic policy for stabilizing the business cycle and promoting long-term growth.

Objectives

Prerequisites

Syllabus

COURSE DETAILS

Level:

Type:

Undergraduate

(A-)

Instructors: Franciscos Koutentakis, Argyro Galinou
Department: Department of Economics
Institution: University of Crete
Subject: Economics and Business Administration
Rights: CC Attribution – Non Commercial – Non-derivatives v.3.0

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