The sequence in macroeconomics will introduce students to the literature that studies the aggregate evolution of the economy both in the short and long run. A particular emphasis will be given to the role of institutions in explaining economic performance in the long run. The role of monetary policies for the short-run evolution of the economic cycle will be addressed in the last module of the sequence.
Part 1 (D. Ticchi)
-Traditional Keynesian Theories of Fluctuations
-The Lucas Imperfect-Information Model and The Lucas Critique