Faculties and centres
This course is the second and last of the Degree course in the sequence of Macroeconomics, with continuity of the course Introduction to Macroeconomics of the first course, second semester.
It falls within the subject Economic Analysis.
The objective of this course is to provide students with the knowledge, theoretical and empirical, necessary to understand and analyze economic problems at the aggregate level of the economy both in the short and medium term (economic fluctuations) and long term (economic growth). In the course we start the analysis with an open economy and throgh it there are explained and analyzed the main problems that any economy will face along the different time periods considered. Beside it we also discuss and study the economic policy instruments and measures in the hands of the economic agentes to try to affect economic variables fundamentals and solve or mitigate the effects of these macroeconomic problems.
General Competences (CG)
General Competences acquired at University of Alicante (CGUA)
Specific Competences (CE)
To analyze and understand how the main problems facing an economy at the aggregate are generated, such as: unemployment, inflation, the relationship between the public sector deficit and public debt, the external imbalance and the causes of economic growth in the long term . To explain both the evolution of this macroeconomic problems and the effectiveness of economic policies available for their resolution, we develop and analyze an economic model to understand the interrelationships of markets and agents of an open economy.
Understanding what is possibly the main message of Keynes in his General Theory: the links between the various markets that make up an economy that determine the behavior and evolution of macroeconomic variables. Understand the impact of government policies on macroeconomic both short and medium term variables. To understand some microeconomic foundations underlying macroeconomic variables.