COURSE INFORMATION
Course Title: APPLIED MACROECONOMICS II
Code Course Type Regular Semester Theory Practice Lab Credits ECTS
BAF 506 C 2 3 0 0 3 7.5
Academic staff member responsible for the design of the course syllabus (name, surname, academic title/scientific degree, email address and signature) NA
Lecturer (name, surname, academic title/scientific degree, email address and signature) and Office Hours: Agim Kukeli , By appointment
Second Lecturer(s) (name, surname, academic title/scientific degree, email address and signature) and Office Hours: NA
Teaching Assistant(s) and Office Hours: NA
Language: English
Compulsory/Elective: Elective
Classroom and Meeting Time: E213
Course Description: This is a topics course intended to extend the basic intermediate macro course with some major later developments in theory and applications. This course is meant to train students to think in a structured, analytically rigorous way about macroeconomic questions.
Course Objectives: This course takes an intermediate level approach to macroeconomic theory and its applications, building on the foundations developed in the macroeconomics. It will provide analytical tools and formal models to explain the behavior of output, inflation, employment, interest rates, exchange rates, and other aggregate economic quantities. This set of tools is used to understand current economic issues, forecast the behavior of the economy, and assess the impact of policy choices.
COURSE OUTLINE
Week Topics
1 Syllabus, course introduction and methodology. Choosing country/topic to be studied and for empirical work.
2 Elements of Research Methods (Developing research idea, Stating Research question/s, Stating hypothesis), Literature Review: Comparative Analysis of Balkan Developing Countries
3 Elements of Research Methods (How to conduct a literature review, Data finding and data collection). Literature Review: Comparative Analysis of Balkan Developing Countries
4 Elements of Research Methods (Data analysis, Hypothesis testing, Stating findings). Literature Review: Comparative Analysis of Balkan Developing Countries
5 Discussion and Presentations
6 Macroeconomic Theory (Growth Models). Macroeconomic Overview: Comparative Analysis of Balkan Developing Countries
7 Macroeconomic Theory (Growth Models). Macroeconomic Overview: Comparative Analysis of Balkan Developing Countries
8 Macroeconomic Theory (IS-LM Models). Macroeconomic Overview: Comparative Analysis of Balkan Developing Countries
9 Macroeconomic Theory (IS-LM Models). Macroeconomic Overview: Comparative Analysis of Balkan Developing Countries
10 Discussion and Presentations
11 Macroeconomic Theory (Consumption). European Union Accession: Comparative Analysis of Balkan Developing Countries
12 Macroeconomic Theory (Investments). European Union Accession: Comparative Analysis of Balkan Developing Countries
13 Macroeconomic Theory (Open economy). European Union Accession: Comparative Analysis of Balkan Developing Countries
14 Study Discussion and Presentations
Prerequisite(s): N/A
Textbook: N. Gregory Mankiw.(2013). Macroeconomics, 8th ed., ISBN 1464119821 Kevin D. Hoover. (2012). Applied Intermediate Macroeconomics, Cambridge University Press, ISBN 978-0-521-76388-2 Hardback
Other References: Krugman, P. Wells, R. (2012) Macroeconomics, Second Edition in Modules.. ISBN-13: 978-1-4292-8729-6 Parkin, M.(2012). Macroeconomics, 10th Ed. ISBN 978-0-13-139445-2
Laboratory Work: N/A
Computer Usage: N/A
Others: No
COURSE LEARNING OUTCOMES
1 To acquire the ability to examine the macro economics theories.
2 To acquire necessary skills to analyze macroeconomics subjects
3 Ability to understand and apply analytical tools and formal models in explaining the behavior of output, inflation, employment, interest rates, exchange rates, and other aggregate economic quantities.
4 Ability to choose the best economics policies for solving the problems which are faced in daily economic life and to decide which policy should be choosen for what kind of economics problems
COURSE CONTRIBUTION TO... PROGRAM COMPETENCIES
(Blank : no contribution, 1: least contribution ... 5: highest contribution)
No Program Competencies Cont.
Professional Master in Banking and Finance Program
COURSE EVALUATION METHOD
Method Quantity Percentage
Presentation
3
30
Project
1
10
Total Percent: 100%
ECTS (ALLOCATED BASED ON STUDENT WORKLOAD)
Activities Quantity Duration(Hours) Total Workload(Hours)
Course Duration (Including the exam week: 16x Total course hours) 16 3 48
Hours for off-the-classroom study (Pre-study, practice) 16 6 96
Mid-terms 0
Assignments 3 14.5 43.5
Final examination 0
Other 0
Total Work Load:
187.5
Total Work Load/25(h):
7.5
ECTS Credit of the Course:
7.5