| １． |
Outline |
|
This course will consist of lectures on basic level macroeconomics. Those who registered for this course are expected to have credits for "Introductory Economics". At first, a basic model of deriving equilibrium level of national income will be taught. Following the first part, the IS-LM model will be introduced. In the first and second part of this course, price level is assumed to be constant. After the second part, this assumption is relaxed. In the third part of this course, the aggregate demand and aggregate supply model will be lectured. If we have time, discussions about inflation will be introduced.
|
| ２． |
Objectives |
|
There are two objectives in this course. The first objective is to learn basic level macroeconomics. The second is to apply knowledge of macroeconomics in order to consider current economic topics from a critical viewpoint.
|
| ３． |
Grading Policy |
|
Grades will be assessed on homework and final exams. In order to earn credits for this course, the following two conditions must be met. One is to submit homework that meets certain standards. The other is to take the final exam and score above a certain level.
|
| ４． |
Textbook and Reference |
|
Specific textbook is not used. In this course, we use LMS to distribute the materials. We will teach based on the materials.
|
| ５． |
Requirements (Assignments) |
|
The preparation required for this course is as follows:
-Depending on the progress of the course, download the materials from the LMS and read the downloaded
materials.
-As far as possible, refer to the references for the details of the contents described in the materials, and the words that you do not understand.
The review required for this course is the following:
-Review the materials and notes which is taken during class.
-Read the bibliography about subjects you do not understand or you are interested.
-When homework is given, please complete and submit them.
|
| ６． |
Note |
|
|
| ７． |
Schedule |
|
| １. Guidance |
| ２. Business cycle and GDP |
| ３. Determination of national income |
| ４. Output at equilibrium and multiplier |
| ５. Effects of fiscal policy |
| ６. Goods market and IS curve |
| ７. Money market and LM curve |
| ８. equilibrium and effects of monetary policy |
| ９. Fiscal policy, crowding out, and mixture of policies |
| 10. Derivation of aggregate demand curve |
| 11. Derivation of aggregate supply curve |
| 12. Equilibrium and effects of policies |
| 13. Causes of inflation |
| 14. Cost of inflation |
| 15. Wrap-up |
|
| １． |
Outline |
|
This course will consist of lectures on basic level macroeconomics. Those who registered for this course are expected to have credits for "Introductory Economics". At first, a basic model of deriving equilibrium level of national income will be taught. Following the first part, the IS-LM model will be introduced. In the first and second part of this course, price level is assumed to be constant. After the second part, this assumption is relaxed. In the third part of this course, the aggregate demand and aggregate supply model will be lectured. If we have time, discussions about inflation will be introduced.
|
| ２． |
Objectives |
|
There are two objectives in this course. The first objective is to learn basic level macroeconomics. The second is to apply knowledge of macroeconomics in order to consider current economic topics from a critical viewpoint.
|
| ３． |
Grading Policy |
|
Grades will be assessed on homework and final exams. In order to earn credits for this course, the following two conditions must be met. One is to submit homework that meets certain standards. The other is to take the final exam and score above a certain level.
|
| ４． |
Textbook and Reference |
|
Specific textbook is not used. In this course, we use LMS to distribute the materials. We will teach based on the materials.
|
| ５． |
Requirements (Assignments) |
|
The preparation required for this course is as follows:
-Depending on the progress of the course, download the materials from the LMS and read the downloaded
materials.
-As far as possible, refer to the references for the details of the contents described in the materials, and the words that you do not understand.
The review required for this course is the following:
-Review the materials and notes which is taken during class.
-Read the bibliography about subjects you do not understand or you are interested.
-When homework is given, please complete and submit them.
|
| ６． |
Note |
|
|
| ７． |
Schedule |
|
| １. Guidance |
| ２. Business cycle and GDP |
| ３. Determination of national income |
| ４. Output at equilibrium and multiplier |
| ５. Effects of fiscal policy |
| ６. Goods market and IS curve |
| ７. Money market and LM curve |
| ８. equilibrium and effects of monetary policy |
| ９. Fiscal policy, crowding out, and mixture of policies |
| 10. Derivation of aggregate demand curve |
| 11. Derivation of aggregate supply curve |
| 12. Equilibrium and effects of policies |
| 13. Causes of inflation |
| 14. Cost of inflation |
| 15. Wrap-up |
|
|