Princípios de Macroeconomia

This course investigates the macroeconomic environment in which the various economic agents operate. It aims to provide the basic concepts and tools of analysis for understanding the working of national economies and the global economy, exploring data alongside economic theory and the critical reading of economic reports/articles. It studies the behavior of macroeconomic aggregates, including cyclical fluctuations, the potential output and the reasons for the (un) successful economic growth of countries and the role of the institutional framework. Discusses and simulates the effects of economic policy, particularly monetary and fiscal policy. Also discusses the relationship between macroeconomics, financial system and financial assets. Furthermore, the open economy setup is studied, including the balance of payments, competitiveness and the exchange rate, ending with some notes on reasons, characterization and resolution of major international crises.