1r Grau d'Economia, ADE, FIC ˇ 4M
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1r Grau d'Economia, ADE, FIC ˇ 4M |
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Antonio
Quesada E-mail: aqa@urv.cat Office hours (February - May 2017) |
Lecture room A1.1 ˇ 6 February 2018 - 22 May 2018 Tuesday 09:00-11:00 (start 09:05; end 10:55) & Thursday 11:00-13:00 (start 11:05; end 12:55)
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 Contents I. Crash course  1. Textbook view of money creation | Some slides Monetary aggregates (eurozone) Currency 1 2 | M1 | M1-M3 | Growth monthly annual | Ratios 2. Liquidity market model | Key ECB interest rates 3. Currency market model | Exchange rates USD 1 2 | GBP 1 2 | JPY | CNY 4. Aggregate supply - aggregate demand model | Old notes | R Kennedy on GDP | Expenditure multiplier 1 2 Inflation rate (Spain) 1962-2018 2003-18 2003-18 (monthly)  Data on CPI at INE GDP growth rate (Spain) | Annual 1996I-2017IV 1 2 | Quarterly 1995II-2017IV 1 2 Data on GDP at INE | Data on unemployment at INE | Nominal vs real GDP Greece | Greece GDP GDP growth | GDP per capita SPA ITA GRE POL Euro area | EuroCOIN | HCPI | Inflation rate | EuroCOIN + Inflation rate II. Basic extensions Reality is ambiguous  A shocking illusion (N Wade (2015) Art and illusionists, p.12) Albert or Marilyn? | Another illusion (N Wade (2015) Art and illusionists)  Dynamic Müller-Lyer illusion ˇ Dynamic M-L again 5. Sectoral basic identity, savings identity | Spain 1995I-2017IV 6. Real interest rate, Fisher equation, Fisher effect | T-bills (Spain) | Euribor 1 2 7. Unemployment and business cycle (new pdf version that includes missing symbols) Unemployment and business cycle (this version highlights the basic ideas for the final exam) Unemployment (Slides) Unemployment rate (Spain) 2002I-2017IV Men and women Young people Unemployment and GDP (Spain) 1976III-2017IV Quarterly Annual Okun's law (Spain) 1976III-2017IV 1 2 8. Macroeconomic policy (new pdf version that includes missing symbols) Macroeconomic policy (this version highlights the basic ideas for the final exam) 9. Orthodox and heterodox thinking 10. Additional ideas Problem sets Problem set 1 | Money creation Problem set 2 | Interest rate Problem set 3 | Exchange rate Problem set 4 | GDP and inflation rate Problem set 5 | Identities, business cycle, policies Useful reports and more links Presentation (March 2018, Kingdom of Spain) to investors ( source)  Bristol pound (Wikipedia) New Economics Foundation (think tank) Marx at 200 (Irish Times) | 5 May 2018 Argentina seeks IMF financial aid (BBC News) | 8 May 2018 Varoufakis interview (thanks to Óscar GL for the suggestion) | 10 May 2018 On the Aquarius refugee ship (migration crisis) | 22 Jun 2018  |
Evaluation 1st call 35% of the final mark: mid-term activities and mid-term exam 25% of the final mark: end-of-term exam (Tuesday 22 May 2018) 40% of the final mark: final exam (Friday 1 June 2018, 12:00)It is necessary to pass the final exam to pass the course 2nd call 100% of the mark: final exam (Wednesday 20 June 2018, 12:00) Exams
Exam 1 | 1 Mar 2018 (topic 1)
Exam 2 | 15 Mar 2018 (topics 1 and 2) Exam 3: mid-term exam | 5 Apr 2018 (topics 1, 2, 3, 4)
Phantom exam | 3 May 2018 Exam 4: end-of-term exam | 22 May 2018 Final exam (1st call) | 1 Jun 2018 Final exam (2nd call) | 20 Jun 2018 Marks
Exam 1 | 1 Mar 2018
Exam 2 | 15 Mar 2018 Links The Spanish economy Key macroeconomic figures of the eurozone ECB's website Statistical Data Warehouse (eurozone) ECB key interest rates Exchange rates: x-rates.com Workd economic outlook (IMF) | January 2018 update WEO database (October 2017) Trading economics Debt clocks Spain US of A Maddison project (real GDP per capita series) Datosmacro.com (in Spanish) World population clock World population prospects 2017 (United Nations) Historical time series data on the economic history of Europe (Karl Gunnar Persson) Spanish unemployment map (Datosmacro.com) Unemployment CAT | ESP Logical fallacies IDESCAT (GDP of Catalonia) Real-world Economics Review Post-crash economics AIReF (Independent Authority for Fiscal Responsibility) Will the Spanish government meet the deficit target for 2018? (April 2018) 1 | 2 (in Spanish) News and events Another Black Monday (19 Oct 1987 and 05 Feb 2018)? Dow Jones 1 2 'Dow plunges 1,175 - worst point decline in history' | CNN 05 Feb 2018 Guindos for ECB vice-chair | Reuters Bloomberg 19 Feb 2018 The Peter principle Governing Council: ECB's main decision-making body Faking GDP | China Fortune 14 Dec 2015 | Rwanda ROAPE 26 Jul 2017 On March 8
Women after all: Sex, evolution, and the end of male supremacy (Melvin Konner) article book Catalonian GDP growth: 3.4% in 2017 (Spanish) Spanish exports at record level (Spanish) US interest rate expected to lift | 21 March 2018 |
