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Principles of Macroeconomics >> Content Detail



Study Materials



Readings

The text for the course is the third edition of Macroeconomics, by Olivier Blanchard. Below is the list of topics covered in class. There are also two additional readings recommended.Finally, it is also suggested that students get into the habit of browsing the daily newspaper The Wall Street Journal or The Financial Times, or the weekly magazine The Economist at least a couple of times a month; all offer good (and well-written) coverage of economic events, and will provide some context for the course.





TOPICSCHAPTERS
What is Macroeconomics About?1
National Income Accounting2
The Goods Market 3, 19-2
The Money Market4
The 1S-LM Model5
The Labour Market 6
The AD-AS Model 7-9
Economic Growth  10-13
The Real Interest Rate and Present Value14
The Stock and Bond Markets 15
Consumption16
Investment16
Expectations, the Real Interest Rate, and 1S-LM17
Openness in Goods and Financial Markets18
Output, the Interest Rate and the Exchange Rate20
The Exchange Rates and Prices21
Depressions and Slumps22
High Inflation23
Policy Discretion24
Monetary Policy25
Fiscal Policy26
The Story of Macroeconomics27


Additional Readings:


"International Linkages." (Chap. 6) Pp. 175-217.

National Association for Business Economists. "Going Down." 5 Oct., 2002.

 


 



 








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