Business Cycles and Economic Growth

Code:

2ECON15

Acronym:

CCE

Keywords
Classification	Keyword
CNAEF	Economics

Instance: 2020/2021 - 2S

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

Cycles of Study/Courses

Acronym	No. of Students	Study Plan	Curricular Years	Credits UCN	Credits ECTS	Contact hours	Total Time
ME	29	Bologna Syllabus	1	-	7,5	56	202,5

Teaching language

Portuguese

Objectives

The goal of the course is to present and analyse the main business cycle and neoclassical economic growth models in the mainstream literature.

Learning outcomes and competences

Students should acquire knowledge of the basic models of the mainstream business cycle and economic growth literature.

Working method

Presencial

Program

Part I - Business cycles

 

Part II - Economic growth

Mandatory literature

Carlin, Wendy e Soskice, David; Macroeconomics: Institutions, Instability, and the Financial System, Oxford University Press, 2015. ISBN: 978-0-19-965579-3
Jones, Charles I. e Vollrath, Dietrich; Introduction to Economic Growth, Third Edition, W. W. Norton, 2013. ISBN: 978-0-393-92078-9

Complementary Bibliography

Barro, Robert e Xavier Sala-i-Martin ;Economic Growth, Cambridge, Massachusetts: MIT Press, 2004 (Obra recomendada para a Parte II do programa)
Aghion, Philippe e Peter Howitt;Endogenous growth theory, Cambridge, MA: MIT Press, 1998 (Obra recomendada para a parte II do programa)
Acemoglu, Daron;Introduction to Modern Economic Growth, 2009 (Obra recomendada para a parte II do programa)
Burda, Michael e Wyplosz, Charles; Macroeconomics: A European Text, 7th Edition, Oxford University Press, 2017. ISBN: 978-0-19-873751-3
Óscar João Atanázio Afonso; Crescimento económico. ISBN: 978-972-40-7988-2

Teaching methods and learning activities

Classes have both theoretical and practical components.

Evaluation Type

Distributed evaluation without final exam

Assessment Components

Designation	Weight (%)
Participação presencial	20,00
Teste	50,00
Trabalho escrito	30,00
Total:	100,00

Amount of time allocated to each course unit

Designation	Time (hours)
Frequência das aulas	49,00
Estudo autónomo	109,50
Trabalho escrito	24,00
Apresentação/discussão de um trabalho científico	20,00
Total:	202,50

Eligibility for exams

Type A

- Two tests;

- Two homework assignments;

- Class participation, group presentaitions and discussions.

 

Type B

Final exam.

Calculation formula of final grade

Type A

- Each test: 25% of final grade (tests classification must be of at least 6.0 points);

- Each essay: 15% of final grade.

- PA, class participation, group presentations and discussions, 20% of final grade

 

Type B

Exam: 100% of final grade.

Classification improvement

- Be, final exam
the grade of the assignments (average of TPC1 and TPC2) and of  participation in class may increase the final grade of the exam, as long as it improves and provided that the exam grade is higher than 9.5.