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Readings in the table below refer to the course text:
Blanchard, Olivier. Macroeconomics. 3rd ed. Upper Saddle River, N.J.: Prentice Hall, 2003. ISBN: 0130671002.
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.
Course readings.
| 1 |
Lecture 1: Introduction and A Tour of the World |
Chapter 1 |
| 2 |
Lecture 2: Basic Definitions |
Chapter 2 |
| 3 |
Lecture 3: The Goods Market |
Chapter 3 |
| 4 |
Recitation |
|
| 5 |
Lecture 4: Financial Markets |
Chapter 4 |
| 6 |
Lecture 5: IS-LM |
Chapter 5 |
| 7 |
Recitation: Problem Set 1 review |
|
| 8 |
Lecture 6: IS-LM (cont.) |
Chapter 5 |
| 9 |
Lecture 7: Openness in Goods and Financial Markets |
Chapter 18 |
| 10 |
Recitation: Problem Set 2 review |
|
| 11 |
Lecture 8: Goods Market in the Open Economy |
Chapter 19 |
| 12 |
Lecture 9: Review |
|
|
Quiz 1 |
|
| 13 |
Lecture 10: Finish Open Economy Goods Market
Start Open Economy IS-LM |
Chapters 19, 20 |
| 14 |
Recitation |
|
| 15 |
Lecture 11: Open Economy IS-LM (cont.)
Exchange Rate Regimes |
Chapters 20, 21 |
| 16 |
Lecture 12: The Labor Market |
Chapter 6 |
| 17 |
Recitation |
|
| 18 |
Lecture 13: AS/AD |
Chapter 7 |
| 19 |
Lecture 14: AS/AD (cont.) |
Chapter 7 |
| 20 |
Recitation |
|
| 21 |
Lecture 15: Phillips Curve |
Chapter 8 |
| 22 |
Lecture 16: Review |
|
|
Quiz 2 |
|
| 23 |
Lecture 17: Open Economy AS/AD |
Chapter 21 |
| 24 |
Lecture 18: Introduction to Growth |
Chapter 10 |
| 25 |
Recitation |
|
| 26 |
Lecture 19: Solow’s Model |
Chapter 11 |
| 27 |
Lecture 20: Technological Progress |
Chapter 12 |
| 28 |
Recitation |
|
| 29 |
Lec 21: Technological Progress and Unemployment |
Chapter 13 |
| 30 |
Recitation |
|
| 31 |
Lecture 22: Financial Markets |
Chapter 14 |
| 32 |
Lecture 23: Review |
|
|
Quiz 3 |
|
| 33 |
Lecture 24: More on Financial Markets |
Chapter 15 |
| 34 |
Quizzes Returned |
|