The formative objective for the student consists of achieving the following learning outcomes.
Knowledge and understanding.
The course aims at providing the tools of economic analysis for the understanding of the relation between fiscal and monetary policies and the performance of the economy from the point of view of both real and financial markets. The graduate must know the determinants of the main macroeconomic variables, such as level of economic activity, interest rate, unemployment rate, inflation rate, expectations and exchange rate.
Applying knowledge and understanding.
The course aims to transfer to the student the ability: i) to critically interpret economic dynamics; ii) describe the determinants of macroeconomic variables (GDP, interest rate, unemployment rate, inflation rate, expectations and exchange rate).