Learning outcomes

Understand and master the fundamental concepts of open economy macroeconomics, including the expectations of economic agents.

Analyze short- and medium-term macroeconomic mechanisms using appropriate theoretical tools.

Apply macroeconomic models to evaluate economic policies, distinguishing between short- and medium-term effects.

Discuss structural competitiveness within the framework of growth-based macroeconomics, using a critical approach.

Content

A. ANALYSIS - BEACONS; SHORT, MEDIUM AND LONG TERM HORIZON - MACROECONOMIC EQUILIBRIUM IN AN OPEN ECONOMY - ANTICIPATIONS: FUNDAMENTAL TOOLS, FINANCIAL MARKETS AND ANTICIPATIONS, GOODS AND SERVICES MARKET AND ANTICIPATIONS, ECONOMIC POLICY AND ANTICIPATIONS.

B. ECONOMIC POLICY - SHOULD ECONOMIC POLICY BE CONSTRAINED? - MONETARY POLICY: SUMMARY - BUDGETARY POLICY: SUMMARY.

C. STRUCTURAL COMPETITIVENESS.

Teaching methods

Lectures and argumentative discussions (in French).

Assessment method

The evaluation covers the material that will be examined in class. It is oral, with open book preparation.

Sources, references and any support material

Detailed Power Points constituting the syllabus are made available to students via the Webcampus website.

Reference (secondary): Blanchard, O, D Cohen and D Johnson. Macroeconomics. Pearson Education.

Language of instruction

French