|
1r Grau d'Economia, ADE, FIC · M4 |
Antonio
Quesada E-mail:
aqa@urv.cat Office
hours (February - May 2019) |
Lecture room
A.05 · 5 February 2019 - 21 May 2019 Tuesday 09:00-11:00 & Thursday 11:00-13:00
21 February: general strike · 9 May: strike |
Contents Part I. Basics 1. Orthodox model of money creation | Slides 2. The competitive liquidity market model | Sketch of the financial sector 3. The competitive currency market model 4. The aggregate supply, aggregate demand model | Expenditure multiplier Part II. Extensions 5. Sectoral identity and savings identity | Another GDP model 6. Real interest rate and Fisher equation 7. Unemployment and business cycle | A segmented labour market model | EPIS model 8. Macroeconomic policy | The horrific trinity | The Swan diagram Policies in wage-led and profit-led economies Part III. Additional topics 9. Orthodox vs heterodox macroeconomics 10. Potpourri: fallacies, effects, 'laws', dilemmas, paradoxes, rules 11. Arbitrage and speculation Problem sets Problem set 1 | Monetary aggregates Problem set 2 | Interest rate Problem set 3 | Exchange rate Problem set 4 | GDP and inflation rate Problem set 5 | Macroeconomic policy Charts Monetary aggregates (eurozone) Currency 1 2 | M1 | M1, M2, M3 | Growth monthly annual | Ratios Interest rates Eurozone ( Key ECB interest rates) | T-bills (Spain) | France T-bills Dow Jones 1928-2019 | 2016-2019 Exchange rates (1999-2019) USD 1 2 | GBP 1 2 | JPY | CNY (2005-2019) GDP per capita (1800-2016) Inflation rate (1999-2019) Spain 1962-2019 2003-2019 | Canada 1965-2015 (Fig. 29.1, Macroeconomics, C. Ragan, 2017) France (1949-2018) GDP 1949Q1-2018Q4 | GDP growth rate 1949Q1-2018Q4 1975Q1-2018Q4 |
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 21 May 2019) 40% of the final mark: final exam (Monday 3 June 2019, 12:00) It is necessary to pass the final exam to pass the course 2nd call 100% of the mark: final exam (Friday 21 June 2019, 12:00) Exams Exam 1 | 26 Feb 2019 Exam 2 | 7 Mar 2019 Exam 3 | 26 Mar 2019 (14 Mar 2019) Exam 4 | not born (26 Mar 2019) Exam 5 | Mid-term exam (4 Apr 2019 · Topics 1-4) If you want to know your mark in this exam, the mark will be taken into account to establish your final mark. If you do not ask to know it, then the percentage corresponding to this exam will be added to the global exam of the 21st of May. Exam 6 | Global (end-of-term) exam (21 May 2019) Final exam 1 | 3 June 2019 Final exam 2 | 21 June 2019 Marks Marks from the global exam (21 May 2019) If you want to review the correction, suggest me when to meet (day and hour) If at least two of you are interested, we could meet in a classroom to clarify doubts on the exam and/or the course. Suggest me day and hour for the meeting. Marks from the final exam and final mark in the first call (3 June 2019) If you want to review the correction, propose me when to meet (day and hour) Marks from the final exam and final mark in the second call (21 June 2019) Review of the correction: Wednesday 26 of June, office 314, from 9:00 to 9:30 Links Tradingeconomics European Central Bank (Macroeconomic statistics) World economic outlook (International Monetary Fund) January 2019 update October 2018 database The Spanish economy Recent developments in the Spanish economy (January 2019) Big Mac Index Wikipedia | Statista | Economist | Infographics Catalan national institute of statistics Spanish national institute of statistics French national institute of statistics Dutch central bureau of statistics |