MODULE CONTENTS
Please note that slides are subject to change and should not be considered final until a few days after the lecture has taken place.
The main textbook is N. Gregory Mankiw and Mark P. Taylor, Macroeconomics (4th edition), 2017, Cengage Learning EMEA. ISBN: 978-1-4737-2536-2
PRELIMINARY!
Week 23 (Semester 2, Week 1, 5/2), Lectures 1-2:
Measuring Income and Well-being. Mankiw & Taylor. Chapter 4. SLIDES Begin Cost-of-living. Mankiw & Taylor. Chapter 5. SLIDES
Week 24 (Semester 2, Week 2, 12/2), Lectures 3-4:
Finish from last lecture. Begin Production and Growth. Mankiw & Taylor. Chapter 6. SLIDES
Classwork assignment for week 24 will be posted here this week (and always one week in advance for the following weeks)
Week 25 (Semester 2, Week 3, 19/2), Lectures 5-6:
Unemployment. Mankiw & Taylor. Chapter 7. SLIDES Begin Savings, investment, and the financial system. Mankiw & Taylor: Chapter 8. SLIDES
Week 26 (Semester 2, Week 4, 26/2), Lectures 7-8:
Issues in Financial markets and the financial crisis, Mankiw & Taylor: Chapter 10
Week 27 (Semester 2, Week 5, 5/3), Lectures 9-10:
The monetary system. Mankiw & Taylor: Chapter 11. SLIDES.
Week 28 (Semester 2, Week 6, 12/3), Lectures 11-12:
Money growth and inflation. Mankiw & Taylor: Chapter 12. SLIDES.
Week 29 (Semester 2, Week 7, 19/3):
CLASS TEST (12.00-14.00)
Lectures 13-14 (16.00-18.00)
IS-LM. Mankiw & Taylor: Chapter 16. SLIDES. Aggregate Demand and Aggregate Supply, Mankiw & Taylor: Chapter 17. SLIDES
Note: Please read also Chapter 15 (business cycles) for background material.
Week 30 (Semester 2, Week 8, 26/3):
Monetary and Fiscal Policy. Mankiw & Taylor: Chapter 18. SLIDES
Week 35 (Semester 2, Week 9, 30/4):
Classwork assignment
Short-run trade-off/The Philips Curve. Mankiw & Taylor: Chapter 19. SLIDES
Week 36 (Semester 2, Week 10, 7/5):
Classwork assignment
Topics in open economy (currency union, EMU, Brexit). Mankiw & Taylor: Chapters 21. SLIDES and Chapter 22. SLIDES
Note: Additional material will be contained in slides.
Revision (TBA)