Courses Bachelor Display 2018-2019
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| Course title | Macroeconomics and Economic Policy | |||||||||||||||||||||||||||||||||||||||
| Course code | EBC2040 | |||||||||||||||||||||||||||||||||||||||
| ECTS credits | 6,5 | |||||||||||||||||||||||||||||||||||||||
| Assessment | None | |||||||||||||||||||||||||||||||||||||||
| Period |
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| Level | Intermediate | |||||||||||||||||||||||||||||||||||||||
| Coordinator |
Erik de Regt For more information: e.deregt@maastrichtuniversity.nl |
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| Language of instruction | English | |||||||||||||||||||||||||||||||||||||||
| Goals |
- Deepening of (open economy) macroeconomic models for the short- and medium-run
- Deepening the understanding of macroeconomic stabilisation policy in open economies - Relating macroeconomic theories to stylised facts and empirics |
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| Description |
This course elaborates the macroeconomic topics and theories that have been discussed in the first year. The central question always concerns the coordination between the goods market, the labour market and financial markets, both in a closed and open economy framework. Coordination failures play a central role in explaining macroeconomic fluctuations, providing roles for fiscal and monetary policy,
The courses develops a modern view of macroeconomics, developing theories and models for the short- and medium-run. The macroeconomic theory is applied to a wide variety of recent international macroeconomic problems and policy dilemmas, including the development of the European Monetary Union. |
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| Literature |
Gottfries, N. (2013). Macroeconomics, Pagrave MacMillan
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| Prerequisites |
Knowledge and understanding of first year microeconomics and macroeconomics, like
Perloff, J.M. (2011), Microeconomics 6th international edition, Pearson Blanchard O. and D. Johnsonn (2013), Macroeconomics, 6th edition, Pearson. An advanced level of English |
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| Teaching methods (indicative; course manual is definitive) | PBL / Presentation / Lecture / Groupwork | |||||||||||||||||||||||||||||||||||||||
| Assessment methods (indicative; course manual is definitive) | Final Paper / Participation / Written Exam | |||||||||||||||||||||||||||||||||||||||
| Evaluation in previous academic year | For the complete evaluation of this course please click "here" | |||||||||||||||||||||||||||||||||||||||
| This course belongs to the following programmes / specialisations |
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