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Principles of Macroeconomics >> Content Detail

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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.


	TOPICS				CHAPTERS


	What is Macroeconomics About?				1


	National Income Accounting				2


	The Goods Market				3, 19-2


	The Money Market				4


	The 1S-LM Model				5


	The Labour Market				6


	The AD-AS Model				7-9


	Economic Growth				10-13


	The Real Interest Rate and Present Value				14


	The Stock and Bond Markets				15


	Consumption				16


	Investment				16


	Expectations, the Real Interest Rate, and 1S-LM				17


	Openness in Goods and Financial Markets				18


	Output, the Interest Rate and the Exchange Rate				20


	The Exchange Rates and Prices				21


	Depressions and Slumps				22


	High Inflation				23


	Policy Discretion				24


	Monetary Policy				25


	Fiscal Policy				26


	The Story of Macroeconomics				27

Additional Readings:

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

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

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Courses:

Principles of Macroeconomics >> Content Detail

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