Readings

Readings in the table below refer to the course text:

Buy at Amazon 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