Macroeconomics

Contacts and Office hours

ricardo.mendes@iscte-iul.pt

Zoom private room

Office hours Fridays, 11:00–12:30 (under appointment)

Timetable of the practical sessions

Wednesdays, 9h30–11h00
Please check the classrooms each week at Fenix, since they vary much.

Fridays, 9h30–11h00
Classroom 1E04

Warning

Please be punctual. Access to the class will not be allowed 15min after the scheduled starting time.

Plan of the course

Week Calendar Topic Downloads
1 February 1 & 3 Introduction to Julia & Pluto
2 February 8 & 10 Introduction to Macroeconomics
3 February 15 & 17 Measuring Macroeconomic Data
4 March 1 & 3 The IS Curve
5 March 8 & 10 The Monetary Policy and the Aggregate Demand
6 March 15 & 17 The Central Bank Balance Sheet & Monetary Policy Tools
7 March 22 & 24 Aggregate Supply and the Phillips Curve
March 27, 18:00 Midterm Exam (covering subjects from week 2 to 6)
8 March 29 & 31 The Aggregate Demand & Supply Model
9 April 19 & 21 Macroeconomic Policy: Aggregate Demand & Supply Analysis
10 April 26 & 28 The Zero Lower Bound & Macroeconomic Policy
11 May 10 & 12 Fiscal Policy & the Government Budget
12 May 17 & 19 Exchange Rates & International Economic Policy; Review session
June 14 Endterm Exam and Final Exam
Note

Please refer to Prof. Vivaldo’s website for the materials used in his lectures and for further information about the course.

References

  • Mishkin, Frederick (2014). Macroeconomics: Policy and Practice, 2nd Edition, Pearson, Addison-Wesley.
  • Stephen G. Cecchetti and Kermit L. Schoenholtz (2017). Money, Banking, and Financial Markets, 5th Edition, McGraw-Hill.

Evaluation

Option A

  • Attendance of 80% of the classes
  • Midterm Exam (covering the topics up to week 6): 50%
  • Endterm Exam (covering all the topics, but more emphasis on the materials of weeks 6 to 12): 50%
  • The grade in any of these tests cannot be lower than 8 out of 20

Option B

  • One Final Exam covering all the topics: 100%

Re-sitting Exam

There will be a Re-sitting Exam accounting for 100% of the grade and covering all the topics for those who fail the course.