Educational guide
IDENTIFYING DATA							2023_24
Subject	MACROECONOMICS					Code	00512002
Study programme	0512 - GRADO EN COMERCIO INTERNACIONAL
Descriptors	Credit.	Type	Year	Period
	6	Basic Training	First	First
Language	Castellano
Prerequisites
Department	ECONOMIA Y ESTADISTICA
Coordinador	ARIAS SAMPEDRO , CARLOS				E-mail	caris@unileon.es aparf@unileon.es
Lecturers	ARIAS SAMPEDRO , CARLOS PARDO FANJUL , ANA
Web	http://
General description	The introduction of the student into the problems and methods of economic theory. Development of a basic-level macroeconomics programme in closed and open economy.
Tribunales de Revisión	Tribunal titular Cargo Departamento Profesor Presidente ECONOMIA Y ESTADISTICA FERNANDEZ HUERGA , EDUARDO CLAUDIO Secretario ECONOMIA Y ESTADISTICA VEGA GOMEZ , MARTA MARIA Vocal ECONOMIA Y ESTADISTICA GONZALEZ RABANAL , NURIA Tribunal suplente Cargo Departamento Profesor Presidente ECONOMIA Y ESTADISTICA HIDALGO GONZALEZ , CRISTINA Secretario ECONOMIA Y ESTADISTICA ALVAREZ FOLGUERAS , CRISTINA Vocal ECONOMIA Y ESTADISTICA MACIAS VAZQUEZ , ALFREDO

Competencias

Code
A6358
A6362
A6392
A6430
A6436
A6445
A6481
A6510
A6584
A6589
A6592
B783
B788
C1	CMECES1 That students have demonstrated possession and understanding of knowledge in an area of study that is based on general secondary education, and is usually found at a level that, although supported by advanced textbooks, also includes some aspects that involve knowledge from the cutting edge of their field of study
C3	CMECES3 That students have the ability to gather and interpret relevant data (normally within their area of study) to make judgments that include reflection on relevant issues of a social, scientific or ethical nature.

Learning aims

	Competences
Ability to identify and analyze the different macroeconomic aggregates.	A6589		C1
Knowing how to frame macroeconomic problems through the use of formal models that allow quantitative analysis.	A6430 A6436 A6592	B788	C3
Ability to perform macroeconomic analysis in an open economy.	A6481 A6510	B783
Ability to analyze macroeconomic problems accurately in order to improve decision making both under certainty and uncertainty.	A6481 A6584 A6592	B783	C3
Know how to present their point of view using rigorous reasoning while encouraging debate.	A6358 A6362 A6445 A6481	B783 B788	C3
Ability to apply the basic concepts and results of economic theory to understand and explain reality.	A6392 A6430 A6589 A6592	B783

Contents

Topic	Sub-topic
1. Introduction to Economics.	1.1. What is economics? 1.2. Thinking like an Economist.
2. The data of Macroeconomics.	2.1. Measuring a nation’s wellbeing. 2.2. Measuring the price level.
3. The real economy in the long run.	3.1. Production and growth. 3.2. Unemployment and the labour market.
4. The monetary system.	4.1. Saving and investment and the financial system. 4.2. Money, banking and the money supply.
5. Short-run Economic Fluctuations.	5.2. Business cycles. 5.2. Keynesian economics and IS–LM analysis. 5.3. Aggregate demand and aggregate supply. 5.4. The influence of monetary and fiscal policy on aggregate demand.
6. Open-economy macroeconomics.	6.1. Determinants of the exchange rate. 6.2. International flows: trade and finance. 6.3. An open-economy macroeconomic model.

Planning

Methodologies  ::  Tests
	Class hours	Hours outside the classroom	Total hours
Lecture	40.5	47.5	88
Personal tuition	15	22.5	37.5
Mixed tests	4.5	20	24.5
(*)The information in the planning table is for guidance only and does not take into account the heterogeneity of the students.

Methodologies

Methodologies   ::  

	Description
Lecture
Personal tuition

Personalized attention

Personal tuition

Description

Assessment

	Description	Qualification
Mixed tests		20% 80%
Other comments and second call

Sources of information

Access to Recommended Bibliography in the Catalog ULE

Basic	Mankiw, N.G. y Taylor, M.P, Economía (3ª ed.), Paraninfo, 2017 Blanco, J.M., Economía. Teoría y práctica (5ª ed.), Mc Graw-Hill, 2008
Complementary	Gámez, C. y Mochón, F. et al., Cuestiones y problemas de macroeconomía, McGraw-Hill, 1995 Bajo, O. y Monés, A, Curso de Macroeconomía (2ª ed.), Antoni Bosch , 2000 Mochón Morcillo, F. , Economía Teoría y política (6ª ed.), McGraw-Hill, 2009 Bajo, O., Monés, A. y Escobedo, I., Ejercicios de macroeconomía., Antoni Bosch, 1994 Krugman, P. y Wells, R., Introducción a la Economía. Macroeconomía, Editorial Reverté, 2007 Gámez, C. y Mochón, F., Macroeconomía, McGraw-Hill, 1995 Delong, J.B., Macroeconomía (2ª ed.), McGraw-Hill, 2007 Abel, A.B. y Bernanke, B.S., Macroeconomía (4ª ed.), Pearson, 2003 Blanchard, O., Macroeconomía (4ª ed.) , Prentice-Hall, 2006 Dornbusch, R., Fischer, S. y Startz, R., Macroeconomía (9ª ed.), McGraw-Hill, 2004 Massía, J.V.y Sotelo, J. , Macroeconomía Práctica., Ed. Cívitas, 1996 Belzunegui, B., Cabrerizo, J., Padilla, R. y Valero, I., Macroeconomía. Problemas y ejercicios resueltos (2ª ed.), Prentice-Hall, 2007

Recommendations