Principles of Macroeconomics

The main objective of this course is to give beginners a basic understanding of the system of overall economy, with emphasis on the theory. This course is a further study from your microeconomics course where you studied on the decision-making of rational consumers and producers.

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授業計画

INPO 0 Introduction 1 Measuring a Nation’s Income. 2 Production and Growth. 3 Saving, Investment, and the Financial System. 4 Unemployment and Its Natural Rate. 5 The Monetary System. 6 Money Growth and Inflation. 7 Aggregate Demand and Aggregate Supply. 8 The Influence of Monetary and Fiscal Policy on Aggregate Demand. 9 The Short-Run Tradeoff between Inflation and Unemployment. 10 Open-Economy Macroeconomics: Basic Concepts. 11 A Macroeconomic Theory of the Open Economy. 12 Six Debates over Macroeconomic Policy. Final exam

授業の方法

Taught in English

成績評価方法

Homework (30%) Final exam (70%)

教科書

Principles of Macroeconomics 8th edition by Mankiw. Old editions, eBook, and translated books may also be fine.

参考書

Macroeconomics 9th edition by Mankiw. Macroeconomics 2nd edition by Acemoglu, Laibson, and List.

履修上の注意

This course follows Principles of Microeconomics. You should be familiar with the basic concepts of microeconomics such as supply and demand. I also expect you to have some experience using equations and graphs in the analysis.