European studies

CONTENT SUMMARY Part A. Macroeconomic Stabilization Policy: Theory - Business cycle and its consequences - Stabilization policies in the short-term - Monetary Policy - Fiscal policy - Using models - The sustainability of the public debt Part B. Recent Economic Crises and Macroeconomic Stabilization Policies in Europe - An Excursus of the Recent Economic Crises - The ECB's monetary policy - Fiscal policy in the Eurozone - The interaction of monetary and fiscal policies in the eurozone

Knowledge of basic algebra. Knowledge of basic microeconomics and macroeconomics.

Roberto Basile, Luisa Giallonardo and Marcella Mulino (2025), Macroeconomic Stabilization Policies. The European perspective, CEDAM-Wolter-Kluwer

Attendance is strongly recommended.

Learning assessment is based on passing a written exam with multiple choice questions, open-ended questions supported by graphical analysis, and exercises. An oral discussion may be requested by the instructor to evaluate the written exam results better or by the student to improve their results, provided the written exam has been passed. For attending students, two intermediate assessments are provided, with the same structure as the written exam (open-ended questions with graphical analysis). Passing both intermediate tests is equivalent to passing the final exam. Overall, each test aims to verify the acquisition of the entire set of skills described in the learning objectives.

Lectures.