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Economic Analysis--Macro
Course Description:
Macroeconomic Analyis - A study of the factors which determine national income, employment, and price levels, with attention to the effects of monetary and fiscal policy.
PThis is a course in intermediate macroeconomics with an emphasis on real world applications.
wThere are two objectives for this course.
1. To develop simple models that can be usefully applied to generate realistic predictions about the behavior of important macroeconomic variables such as output and income, employment
wand unemployment, interest rates, the government budget balance, exchange rates and the current account balance, and inflation.
2. To apply these models to understand and interpret current and historical macroeconomic developments—including monetary and fiscal policy choices—and to make predictions about future macroeconomic events, primarily in the industrialized countries.
Textbook:
Robert E. Hall and David H. Papell6
Macroeconomics: Economic Growth, Fluctuations, and Policy, 6th edition
Norton & Company, 2005!
ISBN 0-393-97515-0
课程内容：
1.Introduction to the Class; Introduction to Macroeconomics
2.Measuring the Economy: Economic Output
3.Long-term Economic Growth: Introduction
4.Long-term Economic Growth: The Neoclassical Growth Model I
5.Long-term Economic Growth: The Neoclassical Growth Model II
6.Long-term Economic Growth: Technology and Economic Growth:
7.Long-term Economic Growth: Growth and the World Economy
8.Long-term Economic Growth: Fiscal and Monetary Policy in the Long Run
9.Output in the Short Run: Introduction to Business Cycles
10.Output in the Short Run: The Multiplier Model
11.Output in the Short Run: The IS Curve
12.Output in the Short Run: The LM Curve
13.Output in the Short Run: The IS - LM Model
14.Output in the Short-run: Employment: Unemployment, and Okun's Law"
15.Output in the Short-run: Employment: Fiscal Policy
16.Output in the Short-run: Employment: Monetary Policy
17.The Open Economy: International Trade and Exchange Rates
18.The Open Economy: International Trade and Exchange Rates II
19.The Open Economy: International Trade and Exchange Rates III
20.The Open Economy: International Trade and Exchange Rates
21.Inflation: Measuring Inflation and the Costs of Inflation
22.Inflation: Aggregate Demand and Aggregate Supply
23.Inflation: The Inflation Process.
24.Economic Policy in the Short-run, the Intermediate-run and the Long-run
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