AGRICULTURAL
UNIVERSITY OF ATHENS
Department of Agribusiness
& Supply Chain Management

5202 - Macroeconomic theory

Content

1.    Introduction to basic concepts
2.    Determination of National Income
3.    Fiscal policy
4.    Money and Banks
5.    Demand for Money
6.    Fiscal and Monetary Policy
7.    Aggregate Demand and Supply
8.    Unemployment
9.    Inflation
10.    Stabilization of the Economy
11.    International Trade
12.    Balance of Payments and Exchange Rates
13.    Economic Growth

Learning results

The aim of the course is:

  • to give students the macroeconomic perspective of the economy,
  • to investigate specific phenomena such as inflation and unemployment and the mix of economic policies needed to eliminate such negative effects.

Upon successful completion of the course, the student will be able to:

  • evaluate the behaviour of the economy as a whole
  • explain macroeconomic relationships and phenomena in the real economy
  • explain and evaluate economic policy decisions
  • explain and predict the presence of economic disturbances in the global macroeconomic system
  • recognise and describe the functions and results of the fiscal and monetary policy, according to the different schools of economic thought

Bibliography

Suggested Bibliography in Greek Language:

●    Mankiw, N. G. (2019). Μακροοικονομική, Εκδόσεις Gutenberg, Αθήνα
●    Peto, R. (2011). Μακροοικονομική θεωρία και Οικονομικοπολιτική Εφαρμογή. Αθήνα: Προπομπός.
●    Sloman, J., Wride, A. & Garratt, D. (2017). Εισαγωγή στην Οικονομική Μακροοικονομική. Λευκωσία: Broken Hill.
●    Stiglitz, J. & Walsh, C. (2009). Αρχές της Μακροοικονομικής. Αθήνα: Παπαζήσης
●    Παπαδόγγονας, Θ. (2019). Εισαγωγή στη Μακροοικονομική Ανάλυση και Πολιτική. Αθήνα: Τσότρας

Suggested Bibliography in English Language:

●    Mankiw, N. G. (2019). Macroeconomics, Worth Publishers, New York
●    Stiglitz, J. E., & Walsh, C. E. (2006). Principles of microeconomics. Norton.

Related academic Journals:

•    American Economic Journal: Macroeconomics,
•    Journal of Macroeconomics
•    NBER Macroeconomics Annual
•    The B.E. Journal of Macroeconomics

 Instructor's Notes

NEWSLETTER

The Department was created in 2019 (article 20, Law 4589/2019) and is an evolution of the Supply Systems Management Department (D.S.E.). Housed in a 770 sq.m. building. within a plot with a total area of 8,000 sq.m. in facilities with extensive research and teaching spaces.
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