1r Grau d'Economia, ADE i Finances i Comptabilitat · M7
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1r Grau d'Economia, ADE i Finances i Comptabilitat · M7 |
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Antonio
Quesada |
Lecture room 2.1 · 7 February 2012 - 24 May 2012 Tu. 9:00-11:00 & Thu. 11:00-13:00
Mid-term exam dates in red Additional session 1: 22 March · 15:00-18:00 · Classroom A06 Additional session 2: 21 May · 15:00-18:00 · Classroom A011 |
 Course structurePart I. Variables and relationships [description]  Main variables & accounting identities Small | Big slides Financial side Small | Big slides Part II. Models [analysis & explanation] The loan market model Small | Big slides The currency market model Small | Big slides The AS-AD model Small | Big slidesFinancial crises: an example An example of the expenditure multiplier effect (There is at least one error in the example: find it!) Part III. Policies [application & evaluation] Macroeconomic policy Small | Big slides Bibliography B. Bernanke & R. Frank (2007): Principles of Macroeconomics 3/e C.I. Jones (2010): Macroeconomics (Economic Crisis Update) The lectures from his Macroeconomics course are available here. M. Burda & C. Wyplosz (2009): Macroeconomics. A European text 5/e(More advanced level) Some books can be previsualized in Google Books, for instance: N.G. Mankiw (2009): Principles of Macroeconomics 5/e Slides from the textbook Macroeconomics by P. Krugman and R. Wells Recommended G.R. Evans: The loanable funds model G.R. Evans: The aggregate supply-aggregate demand model W. Vickrey: 15 fatal fallacies of financial fundamentalism The Spanish Economy Problem sets Problem set 1 | Variables: GDP, inflation rate, unemployment rate Problem set 2 | Relationships: Real side and financial side Problem set 3 | Model I: The loan market model Problem set 4 | Model II: The currency market model Problem set 5 | Model III: The AS-AD model Problem set 6 | Macroeconomic policies: Monetary policy, fiscal policy Data and graphs GDP, GDP per capita, inflation rate, unemployment rate Spain vs Venezuela The Phillips curve and Okun's law: some graphs ECB Statistical Warehouse Quick View Dow Jones xlsx pdf (since 1992) pdf (since 1928) EURIBOR (02/01/2007 - 20/02/2012) xlsx pdf Interest rates (Spain) (1990M01 - 2012M01) xlsx pdf Source: INE Monetary aggregates Eurozone (1980-2012) xlsx Source: ECB pdf (levels) pdf (monthly %) pdf (annual %) Exchange rates xlsx pdf ($/€) pdf (£/€) pdf (¥/€) Source: ECB Eurocoin xls pdf Source: CEPR Phillips curve (Spain) pdf1 pdf2 Source: IMF (WEO, Sep 2011) Okun's law (Spain) pdf1 (1977-98) pdf2 (1976IV-1998IV) Source: INE Annual GDP growth, 1971I-2011II (Spain) pdf Source: INE Annual rate of change, Spain, IPV (housing price index) pdf Source: INE GAPMINDER |
Continuous assessment and exams 1st examination period 25% (of the final mark): 1st mid-term exam 25% (of the final mark): 2nd mid-term exam 50% (of the final mark): final exam (6 June 2012, 12:00)Multiple-choice questions Exercises 2nd examination period 100% (of the final mark): final exam (26 June 2012, 12:00)Multiple-choice questions Exercises Marks 1st mid-term (27/03/12) 2nd mid-term (24/05/12) Final exam (06/06/12) [Includes the final mark] Final exam (26/06/12) Web sites The World Economy · Historial Statistics Penn World Table · Version 6.3 World Economic Outlook September 2011 Database European Central Bank · Statistics Indexmundi Trading Economics The World Factbook (CIA) Inflation Data INE · Spanish National Accounts INE · Surveyed Spanish unemployment INE · Spanish Consumer Price Index Idescat (Catalonian official statistics) Resources for Economists on the Internet Dismal Scientist (Economics made clear) The Economist (not all contents free) Economagic (not all data free) Course material on International Economics Sloman Economics News Site Merriam-Webster (on-line dictionary) Collins revers (on-line translation) Readings Does Macroeconomics need microfundations? Another recession? (EL PAíS | 16/02/12) Equation that caused the banks to crash (12/02/12) The monetary policy of the ECB (26/03/12)by Benoît Coeuré (member of the ECB Executive Board) Speech Slides from the presentation Debt-deflation theory of depressions, Irving Fisher When genius failed, by Roger LowensteinAmazon.es (to buy) Amazon.es (customer review) Amazon.com (customer reviews and preview) Eurodämmerung (Paul Krugman) Nobody understands debt (Paul Krugman) Governing Council meeting of the ECB in Barcelona (press conference, 03/05/12) The era of the "negative money multiplier" part 1 part 2(Financial Times, 08/05/12) Financial aid by the ECB (El País, 14/05/12) J M González-Páramo (El País, 26/05/12) Draghi vs Spanish government (El País, 31/05/12) Ferguson / Roubini: The current EU bailout is a disaster(El País, 10/06/12) Negative interest rates seem to exists after all (Euronews) Fun
Españistán Simiocracia Economics jokes More jokes (see Easy Economic Fix) You have two cows The economists (Forges) Big problem, simple solution (Forges) |
Last update: 26 June 2012 · 17:47