Agricultural
University of Athens
Department of Regional
& Economic Development

[6314] Macroeconomic Theory I

Course Content

Introductory Concepts of Macroeconomic Theory, the Structure, Structure & the Measurement of National Accounts, Production of Products & Services & Economic Growth, the Concept & the Dimensions of Price Stability (Inflation), the role & the operation of the Labor Markets & the effects that exist on Employment & Unemployment, the presentation of Content & of Business Cycle Analysis & Issues of Macroeconomic Equilibrium which are related to the characteristics of Economic Fluctuations, the IS - LM / AD - AS Model, referring to a general framework of Macroeconomic Analysis, the role & the operation of the Money Markets & of the Central Bank & the Drawing Frame & Implementation of Monetary Policy, the Drafting Framework & Implementation of the Fiscal Policy, the Analysis of the Financing Sources of Public Expenditures & the treatment of Fiscal Deficits & of the Public Debt.

Learning results

Knowledge

To define & formulate the basic concepts of Macroeconomics & to determine the functions of Designing & Implementation of Economic Policy (Fiscal - Monetary)

Understand terms, concepts & variables used in Macroeconomic Analysis

To describe the essential differences between the different Theoretical Approaches of Macroeconomics

Abilities:

Compute & verify National Accounts Quantitative Measurements & Macroeconomic Statistics

Familiarize & manage the conceptual and substantive differences between short, medium & long term

To carry out the interpretative analysis of the role & operation of Economic Policies (Fiscal - Monetary), their effects on the Economy & their limitations

To analyze issues of balance in the Labor Market & to familiarize themselves with the concepts of Employment & Unemployment

To calculate & verify the Factors causing the phenomenon of Inflation, short term, medium term & long term, as well as & the importance of Money Markets & Monetary Stability

Decode & present the characteristics of Economic Fluctuations in an Economy & demonstrate the interaction of Countercyclical Policies (Countercyclical Fiscal - Monetary) on Economic Fluctuations

To carry out the interpretative analysis of the IS - LM / AD AS Model

Attitudes: To evaluate & contrast arguments, regarding the Design & Implementation of Economic Policies (Fiscal - Monetary) & their effects on the Real Economy (Businesses - Households)

Bibliography

Α. Βασικό Εγχειρίδιο

  • Mankiw N. G., (2019), Μακροοικονομική, Αθήνα: Gutenberg [Κωδικός: 86057376]

Β. Συμπληρωματικά Εγχειρίδια (Αλφαβητική ταξινόμηση)

  • Abel A. B. - Bernanke B. S. - Croushore D. (2017), Μακροοικονομική, Αθήνα: Κριτική [Κωδικός: 68379685]
  • Acemoglou D. - Laibson D. - List J. A., (2015), Μακροοικονομική, Αθήνα: Κριτική [Κωδικός: 50659270]
  • Arnold R., (2018), Μακροοικονομική, Αθήνα: Broken Hills Publishers LTD          [Κωδικός: 77107330]

Educational Staff

Marina-Selini Katsaiti

+302265072268
mskatsaiti@aua.gr
Marina-Selini Katsaiti is an Associate Professor and Chair at the Department of Regional and Economic Development, Agricultural University of Athens.

NEWSLETTER

Incorporated into the Agricultural University of Athens (AUA), Law 4589 - Government Gazette 13/A/29.01.2019. Originally it belonged to the School of Management and Economics of the former Technical University of Central Greece. It is located in Amfissa, Phocis.
The address of the Department is: New building, Nea Polis, Amfissa, P.O. Box 33100
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