General information

• General information

  Main topic. The course deals with some key themes of modern macroeconomics, presenting the evolution of business cycle theory from the "neoclassical synthesis" to more recent new-Keynesian interpretations. Fundamental economic concepts will be rigorously illustrated with the aid of formalized models, widely used in various fields of macroeconomics.

  Readings. The course is not based on a textbook. For most topics, lecture notes will be circulated; moreover, for each topic, a set of readings, mostly drawn from scientific international journals and containing the original versions of the models discussed in the lectures, are suggested.  Lecture notes will be made available in the "Teaching Material" section below.
  

  Background. Working knowledge of microeconomics and macroeconomics at the level of three-year undergraduate courses is required. The formalized analysis of macroeconomic models requires familiarity with the mathematical and statistical tools acquired in the three-year undergraduate program in Economics. In particular, extensive use of differential calculus and constrained optimization will be made.