Economic Policy
A.Y. 2021/2022
Learning objectives
The course aims to analyze the main macroeconomic issues by using the IS / LM model extended to an open economy as a reference. The determination of the level of income and employment, the exchange rate and the balance of financial markets are the main topics addressed in the first part of the course. The second part analyses the financial markets and monetary policy also in light of the financial crisis of 2007/08 and the sovereign debt crisis in Europe
Expected learning outcomes
At the end of the course students will have acquired the ability to understand the aggregate dynamics of an open economic system and the influence of monetary policy and the financial system on its cyclical evolution.
Lesson period: Second trimester
Assessment methods: Esame
Assessment result: voto verbalizzato in trentesimi
Single course
This course cannot be attended as a single course. Please check our list of single courses to find the ones available for enrolment.
Course syllabus and organization
Single session
Lesson period
Second trimester
Course syllabus
The syllabus is shared with the following courses:
- [B23-2](https://www.unimi.it/en/ugov/of/af202200000b23-2)
- [B23-2](https://www.unimi.it/en/ugov/of/af202200000b23-2)
SECS-P/02 - ECONOMIC POLICY - University credits: 6
Lessons: 40 hours
Professors:
Castelnovo Paolo, Santoni Michele
Professor(s)
Reception:
Office and feedback hours. Third term (from 11th April to 20th JUne 2025): Friday 8:30-11:30 hh.
Online on MT.