Intermediate Macroeconomics 6 The Labor Market

Intermediate Macroeconomic 6 The Labor Market 

• Transition from the Short-Run to the Medium-Run
• A Tour of the Labor Market
• Movements in Unemployment
• Wage Determination
• Bargaining
• Efficiency Wages
• Wages, Prices, and Unemployment
• Price Determination
• The Natural Rate of Unemployment  
• 
  

• 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)