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Oggetto:

Interpreting the Macroeconomic Scenarios (on-line)

Oggetto:

Anno accademico 2019/2020

Codice attività didattica
MAN0546
Corso di studio
laurea magistrale in Filosofia
Philosophy International Curriculum M.A.
Anno
1° anno
Tipologia
Caratterizzante - Ambito: Discipline classiche, storiche, antropologiche e politico-sociali
Crediti/Valenza
6
SSD attività didattica
SECS-P/01 - economia politica
Erogazione
A distanza
Lingua
Inglese
Frequenza
Facoltativa
Tipologia esame
Orale
Mutuato da
Oggetto:

Sommario del corso

Oggetto:

Programma

In the first part of this course we focus upon the recent debate on stagnation, i.e. the reasons
why today most advanced economies, like the US, Japan or Europe grow much less than forty or fifty years ago.In particular, we will discuss the explanations provided two main approaches or paradigms: namely, standard neoclassical theory and Keynesian theory.

The first approach holds that stagnation is not rooted in internal problems of market economies. but caused by external ‘threats', such as bad institutions, demographic changes and a slowdown in technological innovation.

The second approach holds instead that stagnation is due to a major internal problem of the
economy: namely, a lack of aggregate demand.This problem may be due to various factors, such as inequality in income and wealth distribution and uncertainty that leads consumers to hold money rather than spend and investors to postpone their decisions.

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