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Course Description

COURSE: COMPULSORY

TITLE: MACROECONOMIC THEORY Ι

CODE: ECO211

SEMESTER:  Α

INSTRUCTOR(S): Adjunct Lecturer (ESPA grant)

 

Aims and objectives

This course starts with an introduction to macroeconomics, the measurement of the macroeconomy and the national accounts. The analytical part of the course covers key issues of macroeconomics including output productivity, the labor market, employments and unemployment. Then we analyse the spending and saving decisions of households, firms and governments (consumption, investment, government expenditures). This analysis is extended to take into account that the modern economies are open economies focusing on saving and investment decisions which are reflected in the balance of payments. The next key issue we cover is economic growth, which determines a nation’s ability to improve the living standards of its people. Finally, we analyse the demand for assets and in particular the demand for money.

 Course Books

N.G. Mankiw ,L. Ball, Γ. Χορταρέας (Επιμέλεια) ,(2013) « Μακροοικονομική και Χρηματοπιστωτικό Σύστημα » , Gutemberg  ,ISBN: 978-960-01-1531-4, Εύδοξος :32998856

Λ. Τ. Κατσέλη και Χ. Μαγουλά (2005),«Μακροικονομική Ανάλυση και Ελληνική Οικονομία», Τυπωθήτω Δαρδανός.

Αρχές της Μακροοικονομικής, Τύπος: Σύγγραμμα, Stiglitz J., Walsh C., ΕΚΔΟΣΕΙΣ ΠΑΠΑΖΗΣΗ, 2009

Η γενική θεωρία της απασχόλησης, του τόκου και του χρήματος, Τύπος: Σύγγραμμα, Keynes John Maynard, Παπαζήσης, 2001