IDENTIFICATION

SCHOOL NAME ESCUELA DE ECONOMÍA Y FINANZAS

DEPARTMENT NAME Economía
KNOWLEDGED AREA ADMINISTRATION
NOMBRE ASIGNATURA EN ESPAÑOL MACROECONOMIA GENERAL
NOMBRE ASIGNATURA EN INGLÉS GENERAL MACROECONOMICS
CODE EC0113
SEMESTER 20171
WEEKLY HOURS INTENSITY 3 hours per week
SEMESTRAL HOURS INTENSITY 48 hours

CREDITS 3
FEATURES Suficientable

2. JUSTIFICATION OF THE COURSE

Economic decision-making in a context of globalization, a fundamental task of the economic

policy makers of the countries in today's times, requires the knowledge and optimal
management of the topics that concern the Macroeconomics, which is why a course of this
nature becomes essential for students of economic discipline. Under this logic it is necessary
for the economics student to appropriate the basic knowledge of the macro, in order to
understand both the economic environment in which it is developed, and to build solid
foundations that facilitate the understanding and analysis of topics to be developed in later
courses.

3. GENERAL PURPOSE OF THE COURSE

3.1. GENERAL OBJETIVE:

This course aims to provide a basic understanding of macroeconomics. You will

receive a background of how the main economic variables - such as interest rates,
unemployment or inflation - are related to each other. In addition, let's see how
policies can affect these variables, both in the short and long term. After this
course, the news in the business section will make more sense to you.

3.2. SPECIFIC OBJETIVE:

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 3.2.1. Understand the simplifying role of formalization in economics.

3.2.2. Discerning the factors of aggregate production and consumption

3.2.3. Understand the behavior of macroeconomic variables.

3.2.4. Interpreting the functioning of macroeconomic models

3.2.5. Analyze the determinants of aggregate demand..

3.2.6. Reflect on the implementation of macroeconomic policies.

3.2.7. Recognize the role of the State and its policies in the economy.

4. BASIC COMPETITIONS THAT THE STUDENT WILL BE IN CONDITIONS TO

ACHIEVE:

At the end of the course, the student will be able to understand the fundamentals of the
Macroeconomics and its application to the Colombian case, based on the interpretation
and analysis of aggregate demand, both in a closed economy and in the open economy.
At the end of the course, the student will be able to understand the fundamentals of the
Macroeconomics and its application to the Colombian case, based on the interpretation
and analysis of aggregate demand, both in a closed economy and in the open economy.

5. ANALITIC DESCRIPTION OF CONTENT: THEMES AND SUBTHEMES

5.1. Introduction to Macroeconomics. Cap.1 and 2 Mankiw - Science and Data

5.2. Classic model – cap 3

5.3. Monetary sistem. Chepter 4 and 5

5.4. Open economy Cap 6

5.5. Introduction to Economic Fluctuations. Cap. 10

5.6. IS-LM model: Parte I. Cap. 11 y 12

5.7. IS-LM model: Parte II Cap. 11 y 12

5.8. The Mundell-Fleming Model and the Open Economy: Part I. Cap. 13

5.9. The Mundell-Fleming Model and the Open Economy: Part II. Cap. 13

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5.10. Solow Model: Economic Growth Part I. Cap. 8

5.11. Solow Model: Economic Growth Part II. Cap. 8

5.12. Aggregate Demand and Aggregate Offer Part I. Cap. 14 and 15

5.13. General review

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