Discuss:

1. Most relevant economic policy problems.
2. Existing institutional framework: Set of institutions that affect the government and society (from the political, economic, legal and social or cultural point of view).
3. Policy formation: The role of ideas and economic doctrine in the formation of decisions, the role of politicians and governments in the management of the economy and the influence of interest groups in the processes of elaboration and implementation of the economic policy.
4. Policies and their results: Analyze the policies carried out and evaluate the results obtained by them both in terms of their macroeconomic effects and in relation to the long-term evolution of the economy. The traditional macroeconomic policies that affect market failures related to the cyclical nature of the economy are analyzed; and reform and regulatory policies that try to solve the problems caused by market failures.