Macroeconomics宏观经济学(南开大学).doc

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Macroeconomics宏观经济学 Macroeconomics Instructors:Gong, Gang Office: 1011, School of Economics, Nankai University Contact:gongg@nankai.edu.cn, 022 Courses Pre-requested: Political Economics,Intermediate Microeconomics Course Description Macroeconomics is the most disputed, confused, yet excited field in economics. This course introduces you how economists think about those macroeconomic problems such as inflation, unemployment and recession, and how macroeconomic policies could be used to resolve these problems. We will find that economists may give you different answers. Yet behind their different answers is the difference in the framework of macroeconomic analysis. The first objective of this course is thus to introduce you two major frameworks in macroeconomic analysis: the Keynesian macroeconomics and the Neo or New Classical macroeconomics. Since a theory in economics can be valid only within certain institutional environment, the second objective of this course is thus to concern how and to what extent the standard macroeconomic theories can be applied to the current Chinese economy. Textbooks 龚刚(2005):宏观经济学:中国经济的视角,清华大学出版社 Blanchard, O.: Macroeconomics,Prentice Hall, Inc (Most Recent Version)。 Exam and Grading There will be a final exam that will be taken in class. Homework is important and should be typed for submission. Your final grade will be accounted on your attendance and your involvement in the class discussion (5%), homework (20%) and final exam (75%). Outline Part I: Introduction Lecture 1: The Macroeconomics as a Science Lecture 2: The Macroeconomic Data and Variables Lecture 3: Technique Preparation: Discrete Time Dynamic System Lecture 4: Theoretical Preparation: Neoclassical Economics Review and Critique Part II: Basic Keynesian Macroeconomics Lecture 5: The Product Market Analysis Lecture 6: The Money Market Analysis Lecture 7: The IS-LM Model Lecture 8: Labor Market Analysis Lecture 9: The Price and Inflation Analysis Le

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