Goals of the Course(JPN)
Goals of the Course
|This course aims that students will deepen their understanding of familiar terms such as GDP, CPI or interest rate and their interrelations in order to grasp the rationale behind widely-used fiscal and monetary policies.|
Objectives of the Course(JPN)
Objectives of the Course
|At the end of the course, students will be able to measure a nation’s living standards, to understand how these living standards depend on the interrelation of macroeconomic variables like production, investment and unemployment, and to use basic monetary and fiscal policy tools to help alleviate the random shocks affecting an economy.|
Course Content / Plan
Measuring a Nation’s Income.
Measuring the Cost of Living. Review of Problem Set 1.
Production and Growth.
Saving, Investment and the Financial System.
The Basic Tools of Finance. Review of Problem Set 2.
Summary and Partial Evaluation 1. Unemployment.
The Monetary System.
Money Growth and Inflation. Review of Problem Set 3.
Summary and Partial Evaluation 2. Open-Economy Macroeconomics: Basic Concepts.
A Macroeconomic Theory of the Open Economy.
Aggregate Demand and Aggregate Supply.
The Influence of Monetary and Fiscal Policy on Aggregate Demand. Review of Problem Set 4.
Summary and Partial Evaluation 3. The Short-Run Trade-Off Between Inflation and Unemployment.
Six Debates over Macroeconomic Policy.
FINAL SUMMARY AND FINAL EVALUATION.
Course Prerequisites and Related Courses
|There are no prerequisites.|
Course Evaluation Method and Criteria
|3 partial evaluations (20% each) and a final evaluation (40%). Getting a total average above 60% is necessary to pass the course.
|Textbooks: to be announced in class if necessary.|
|Mankiw, N. Gregory – Principles of Macroeconomics. Cengage Learning, 6th edition.|
Study Load(Self-directed Learning Outside Course Hours)
|Students should use the reference books below before each lesson and attempt to solve the problem sets by themselves before the solution is provided.|
Notice for Students
|The course withdrawal system applies to this course. The deadline to withdraw is November 15th.|
Lecture format, etc.
|Lectures and problem sets.|
Additional measures for remote class (on-demand class)