Principles of Macroeconomics

Principles of Macroeconomics Lecture materials are all posted in ITC-LMS. Side papers are all posted in ITC-LMS.

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 All the lectures are listed in ITC-LMS.

成績評価方法

Homework (50%) Final exam (50%)

教科書

Principles of Macroeconomics 8th edition by Mankiw. Old editions, eBook, and translated books may also be fine. Lecture materials and related papers are shown in ITC-LMS

参考書

Macroeconomics 9th edition by Mankiw. Macroeconomics 2nd edition by Acemoglu, Laibson, and List. Papers are shown in ITC-LMS

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.