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.
| ses # | TOPICS | 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 |
