Syllabus: macroeconomics Instructor: Gang gong Office: SEM South 533 Phone:62788147 Course Description Macroeconomics is the most disputed, confused yet excited field in economics. This course introduces you how economists think about those macroeconomic problems such as inflation, unemployment and recession, and how macroeco could be used to resolve these problems. We will find that economists may give you many different answers. Yet behind their different answers is the difference in the framework of macroeconomic analysis. The course will thus introduce you two major frameworks in macroeconomic analysis: the Keynesian macroeconomics and the Neo or New classical macroeconomics Textbooks 1. Macroeconomics (2nd ed ition, translated in Chinese), by Olivier Blanchard Prentice hall Inc. 2000 2. Macroeconomics (5th edition, translated in Chinese), by Robert J. Barro, Massachusetts Institute of Technology, 1997 3. Macroeconomics(6th ed ition), by Rudiger Dornbusch and Stanley Fischer, McGraw-Hill Inc. 1994 Grading, Examand Homework There will be some homework during the course. The mid-term exam will be taken in class. There will be no taken-in-class final exam. Instead, the students are requested to submit a project plus a seminar paper before the end of the semester. Your final grade will be accounted on your attendance(10%), homework(20%), project(20%) mid-term exam(30%)and seminar paper(20%)
Syllabus: Macroeconomics Instructor: Gang Gong Office: SEM South 533 Phone: 62788147 Course Description Macroeconomics is the most disputed, confused, yet excited field in economics. This course introduces you how economists think about those macroeconomic problems such as inflation, unemployment and recession, and how macroeconomic policies could be used to resolve these problems. We will find that economists may give you many different answers. Yet behind their different answers is the difference in the framework of macroeconomic analysis. The course will thus introduce you two major frameworks in macroeconomic analysis: the Keynesian macroeconomics and the Neo or New Classical macroeconomics. Textbooks 1. Macroeconomics (2nd edition, translated in Chinese), by Olivier Blanchard, Prentice Hall Inc., 2000. 2. Macroeconomics (5th edition, translated in Chinese), by Robert J. Barro, Massachusetts Institute of Technology, 1997. 3. Macroeconomics (6th edition), by Rudiger Dornbusch and Stanley Fischer, McGraw-Hill Inc., 1994. Grading, Exam and Homework There will be some homework during the course. The mid-term exam will be taken in class. There will be no taken-in-class final exam. Instead, the students are requested to submit a project plus a seminar paper before the end of the semester. Your final grade will be accounted on your attendance (10%), homework (20%), project (20%), mid-term exam (30%) and seminar paper (20%)
Course Outline Part I: Introduction Chapter 1: The Science of Macroeconomics Chapter 2: The Macroeconomic Variables Part II: Keynesian Macroeconomic Analysis Chapter 3: The Product Market Analysis Chapter 4: The money market analysi Chapter 5: The IS-LM Model acroeconomic Policy Analysis (Mid-term Exam) Part Ill: Neo and New Classical Macroeconomic Analysis Chapter 7: The Neoclassical Growth Model Chapter 8: Some Behavior Analysis Chapter 9: The Market Clearing Model Chapter 10: More on Market Clearing Model Chapter 11: The Challenge from New Classical Macroeconomics This is only a tentative outline. It might be adjusted with the course progres
Course Outline* Part I: Introduction Chapter 1: The Science of Macroeconomics Chapter 2: The Macroeconomic Variables Part II: Keynesian Macroeconomic Analysis Chapter 3: The Product Market Analysis Chapter 4: The Money Market Analysis Chapter 5: The IS-LM Model Chapter 6: The Macroeconomic Policy Analysis (Mid-term Exam) Part III: Neo and New Classical Macroeconomic Analysis Chapter 7: The Neoclassical Growth Model Chapter 8: Some Behavior Analysis Chapter 9: The Market Clearing Model Chapter 10: More on Market Clearing Model Chapter 11: The Challenge from New Classical Macroeconomics * This is only a tentative outline. It might be adjusted with the course progress