Macroeconomic Analysis of Open Economies and Policy Choices [EFASM054]

Learning outcomes

The objectives pursued and the learning outcomes are expressed in terms of appropriation, mastership and application of the concepts and tools of macroeconomics, in an open economy and with anticipations and this, at a double level: that of analysis and that of economic policy, mainly in a short-term horizon.

Content

A. ANALYSIS - BEACONS; SHORT, MEDIUM AND LONG TERM HORIZON - MACROECONOMIC EQUILIBRIUM IN AN OPEN ECONOMY - ANTICIPATIONS: FUNDAMENTAL TOOLS, FINANCIAL MARKETS AND ANTICIPATIONS, GOODS AND SERVICES MARKET AND ANTICIPATIONS, ECONOMIC POLICY AND ANTICIPATIONS.

B. ECONOMIC POLICY - SHOULD ECONOMIC POLICY BE CONSTRAINED? - MONETARY POLICY: SUMMARY - BUDGETARY POLICY: SUMMARY.