Macroeconomics II

Code:

1EC210

Acronym:

MACII

Keywords
Classification	Keyword
OFICIAL	Economics

Instance: 2013/2014 - 2S (of 10-02-2014 to 06-06-2014)

Active?	Yes
Responsible unit:	Agrupamento Científico de Economia
Course/CS Responsible:	Bachelor in Economics

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
LECO	414	Bologna Syllabus since 2012	2	-	6	63	162

Teaching language

Portuguese

Objectives

Macroeconomics II (1EC210) aims at enabling the students with the first competences to understand the aggregate fluctuations in the economy. Macroeconomics II (1EC210) aims at exploring the basic models to explain economic fluctuations, namely the IS-LM and the aggregate demand and supply models. It also presents the institutional framework of economic policy – monetary and fiscal policy, financial stabilization and supply-side policies.

Learning outcomes and competences

Macroeconomics II (1EC210) aims at enabling the students with the first competences to understand the aggregate fluctuations in the economy.

Working method

Presencial

Program

Cap. 1. The open-economy IS-LM model

Cap. 2. Labor markets and unemployment

Cap. 3. From the short to the long run: adjustments and policy

Cap. 4. Economic policy in the European Union context

 

Mandatory literature

Burda, Michael, and Charles Wyplosz (2013); Macroeconomics – a European text, 6th Edition, Oxford University Press

Complementary Bibliography

Barbosa, António S. Pinto (2012),; Macroeconomia, Fundação Calouste Gulbenkian
Blanchard, O, F. Giavazzi e A. Amighini (2011); Macroeconomics: A European Perspective, Financial Times Press
Gordon, Robert J. (2012), ; Macroeconomics, 11th Edition, Pearson, Addison-Wesley
Santos, J., A. Pina, J. Braga, M. Teixeira e M. St. Aubyn (2010); Macroeconomia, 3ª Edição, Escolar Editora
Teixeira, A.A.C., Silva, S.T., Ribeiro, A.P. and Carvalho, V. (2012); Fundamentos Microeconómicos da Macroeconomia. Exercícios Resolvidos e Propostos, Vida Económica, 2ª edição

Teaching methods and learning activities

Classes have both theoretical and practical components.

Evaluation Type

Distributed evaluation without final exam

Assessment Components

Designation	Weight (%)
Exame	50,00
Teste	50,00
Total:	100,00

Amount of time allocated to each course unit

Designation	Time (hours)
Frequência das aulas	0,00
Total:	0,00

Eligibility for exams

(I) Distributed assessment: 3 tests.

Class attendance, at least, to 75% of lectures.

Minimum classification: 5.0.

A classification below 5.0 in any test excludes the student from the 1^st call exam.

Distributed assessment is binding if the student delivers the 2nd test.

(II) Or, final exam.

Calculation formula of final grade

Distributed assessment: weighted average of 3 tests.