Intermediate Macroeconomics 1 Introduction

Intermediate Macroeconomics 1 Introduction

• Aggregate Output
• The Other Major Macroeconomic Variables
• The Short Run, the Medium Run, the Long Run

Referenced Textbook

Olivier Blanchard, Macroeconomics, 7th edition, Pearson.

Jones, Charles I., Macroeconomics, 4th Edition, W.W. Norton & Company, 2017

Outline of Topics

Part One: Intro

              1. Introduction to Macroeconomics & Measurement (Blanchard, Ch. 2)

Part Two: Short-Term Growth

              2. The Goods Market (Blanchard, Ch.3)

              3. Financial Markets (Blanchard, Ch.4)

              4. The IS-LM Model: Goods and Money (Blanchard, Ch.5)

              5. Extended IS-LM Model (Blanchard, Ch.6)

Part Three: Medium-Term Growth

              6. The Labor Market (Blanchard, Ch.7)

              7. The AS-AD Model and Philip Curve (Blanchard, Ch.8)

Part Four: Long-Term Growth

              8. Solow Growth Model (Jones, Ch.5)

              9. Romer Model (Jones, Ch.6)

Part Five: The Market and Beyond

              10. Financial Market and the Great Recession (Blanchard, Ch.14; Jones, Ch.10)