First cycle
degree courses
Second cycle
degree courses
Single cycle
degree courses
School of Economics and Political Science
Course unit
EPP6077340, A.A. 2018/19

Information concerning the students who enrolled in A.Y. 2017/18

Information on the course unit
Degree course Second cycle degree in
EP2422, Degree course structure A.Y. 2017/18, A.Y. 2018/19
bring this page
with you
Degree course track BANKING AND FINANCE [001PD]
Number of ECTS credits allocated 6.0
Type of assessment Mark
Course unit English denomination APPLIED MACROECONOMICS
Website of the academic structure
Department of reference Department of Economics and Management
Mandatory attendance No
Language of instruction English
Single Course unit The Course unit CANNOT be attended under the option Single Course unit attendance
Optional Course unit The Course unit can be chosen as Optional Course unit

Teacher in charge LORENZO FORNI SECS-P/02

Course unit code Course unit name Teacher in charge Degree course code

ECTS: details
Type Scientific-Disciplinary Sector Credits allocated
Core courses SECS-P/01 Political Economy 6.0

Course unit organization
Period Second semester
Year 2nd Year
Teaching method frontal

Type of hours Credits Teaching
Hours of
Individual study
Lecture 6.0 42 108.0 No turn

Start of activities 25/02/2019
End of activities 14/06/2019
Show course schedule 2019/20 Reg.2017 course timetable

Examination board
Board From To Members of the board
2 Commissione AA 2019/20 01/10/2019 30/11/2020 CASTELNUOVO EFREM (Presidente)
FORNI LORENZO (Membro Effettivo)
NUNZIATA LUCA (Membro Effettivo)
1 Commissione AA 2018/19 01/10/2018 30/09/2019 FORNI LORENZO (Presidente)
NUNZIATA LUCA (Membro Effettivo)
PARIGI BRUNO MARIA (Membro Effettivo)


Common characteristics of the Integrated Course unit

Prerequisites: Fundamental concepts of micro and macroeconomics, statistics and data analysis.
Target skills and knowledge: In-depth knowledge of modern economies' problems, and analysis of economic policy in an open economy context, using advanced analytical techniques.
Examination methods: Written exam, one hour long.
Assessment criteria: Knowledge of the topics covered during the lectures and critical thinking in approaching the analysis of modern economies using the concepts covered during the lectures.

Specific characteristics of the Module

Course unit contents: The class will address the main conceptual issues regarding the macroeconomic aggregates in open economy. It will blend practical applications and economic theory.

The course will be divided in three parts:

1) The first part will address the four main sectors/accounts of the economy: GDP and components (Real Sector), the balance of payments (External Sector), the fiscal sector (Government Sector) and the monetary accounts (Monetary Sector). It will also discuss the links between the sectors and applications.
2) The second part will present and discuss open economy issues related to the euro area and the European Union, with special focus on the common monetary policy, the fiscal framework and program countries;
3) The third part will cover some special topics, trying to get into some depth into the literature.
Planned learning activities and teaching methods: Classes will include teacher presentations, discussions and students' presentations. Students will learn how to assess the health and prospects of an economy by looking at its main macroeconomic aggregates.
Additional notes about suggested reading: There is no assigned textbook. Material for each class will be posted online. The class lectures will review concepts, allow for discussion, work out applications. Some classes will host students’ presentations.
Textbooks (and optional supplementary readings)

Innovative teaching methods: Teaching and learning strategies
  • Working in group
  • Questioning
  • Story telling
  • Problem solving

Innovative teaching methods: Software or applications used
  • Moodle (files, quizzes, workshops, ...)

Sustainable Development Goals (SDGs)
No Poverty Quality Education Decent Work and Economic Growth Industry, Innovation and Infrastructure Reduced Inequalities Responsible Consumption and Production