Macroeconomics I
Course Name: Macroeconomics I
Teachers: Christodoulos Stefanadis
School: Finance and Statistics
Department: Banking and Financial Management
Level: Undergraduate
Course ID: ΧΡΜΑΚ01 Semester: 2nd
Course Type: Core Course
Prerequisites: –
Teaching and Exams Language: Greek
Course Availability to Erasmus Students: Yes (in English)
Course webpage: –
Specific Teaching Activities |
Weekly Teaching Hours |
Credit Units |
Lectures |
4 |
7,5 |
Course Content
- Gross Domestic Product (GDP).
- Measuring the Cost of Living.
- Economic Growth.
- Factor Markets.
- Saving, Investment and the Financial System.
- Unemployment.
- Business Cycles – The Keynesian Cross, the IS/LM Model.
- Aggregate Demand and Supply.
- Money and Inflation.
- Open Economy.
Teaching Results
The course focuses on several models that are used by economists to assess the economic environment of a country. It discusses the causes and mechanisms of long-term economic growth. It also discusses the causes and mechanisms of short-term business cycles, especially recessions. Several relevant government policies are examined in detail.
After the successful completion of the course, students will be able to:
• Understand the basic tools and techniques of macroeconomics.
• Understand the characteristics of long-term economic growth.
• Understand the characteristics of short-term business cycles.
• Discuss several relevant government policies.
Skills
- Independent work.
- Creative and analytical thinking.
- Generation of new research ideas.
Teaching and Learning Methods - Evaluation
Lecture: Ιn Class
Use of Information and Communication Technologies: –
Teaching Analysis:
Activity |
Semester Workload |
Lectures |
52 |
Autonomous study |
135.5 |
Total |
187.5 |
Student Evaluation:
Final exam (100%).
Recommended Bibliography
– Recommended Bibliography: N. Gregory Mankiw and Laurence M. Ball. Macroeconomics and the Financial System, 2013.
– Related scientific journals:
