MODULE CONTENTS
ECON1050 (Macro)
The main textbook is N. Gregory Mankiw and Mark P. Taylor, Macroeconomics (5th edition), 2020, Cengage Learning EMEA. ISBN: 9781473768567
Please note that the slides found below are all preliminary and should not be considered final until a few days after the associated lecture has taken place.
Week 20 (Semester 2, Teaching Week 1, 1/2), Lectures 1-2:
General information about the module. SLIDES
Measuring Income and Well-being. Mankiw & Taylor. Chapter 4, p.78-92. SLIDES
Begin Cost-of-living. Mankiw & Taylor. Chapter 4, p.93-99. SLIDES
Week 21 (Semester 2, Teaching Week 2, 8/2), Lectures 3-4:
Finish Cost-of-living from last week. Begin Production and Growth. Mankiw & Taylor. Chapter 5, 105-116. SLIDES
------- READING WEEK (WEEK 22) --------
Week 23 (Semester 2, Teaching Week 3, 22/2), Lectures 5-6:
Unemployment. Mankiw & Taylor. Chapter 6. SLIDES
Begin Savings, investment, and the financial system. Mankiw & Taylor: Chapter 7, 165-173. SLIDES
Week 24 (Semester 2, Teaching Week 4, 1/3), Lectures 7-8:
Finish from last week.
The monetary system. Mankiw & Taylor: Chapter 8, 177-191. SLIDES.
Assignment for FACE-TO-FACE TUTORIAL 1 posted
Week 25 (Semester 2, Teaching Week 5, 8/3), Lectures 9-10:
Finish from last week.
Money growth and inflation. Mankiw & Taylor: Chapter 8, 192-205. SLIDES.
FACE-TO-FACE TUTORIAL 1
Week 26 (Semester 2, Teaching Week 6, 15/3), Lectures 11-12:
Business Cycles, Mankiw & Taylor: Chapter 10. SLIDES.
Assignment for FACE-TO-FACE TUTORIAL 2 posted
Week 27 (Semester 2, Teaching Week 7, 22/3), Lectures 13-14:
Keynesian Economics and IS-LM. Mankiw & Taylor: Chapter 11. SLIDES.
Aggregate Demand and Aggregate Supply, Mankiw & Taylor: Chapter 12. SLIDES Please read also Chapter 15 (business cycles) as background material.
FACE-TO-FACE TUTORIAL 2
-------------- EASTER BREAK -----------
Week 31 (Semester 2, Week 8, 19/4), Lectures 15-16
MCQ TEST: Monday 19/4 (this test weighs 20% of the final mark). 25 questions with 5 options in each, 4 points for a correct answer, no deduction for incorrect answers.
Monetary and Fiscal Policy. Mankiw & Taylor: Chapter 13.
Assignment for FACE-TO-FACE TUTORIAL 3 posted
Week 32 (Semester 2, Teaching Week 9, 26/4), Lectures 17-18
Short-run trade-off/The Philips Curve. Mankiw & Taylor: Chapter 14.
FACE-TO-FACE TUTORIAL 3
Week 33 (Semester 2, Week 10, 3/5), Lectures 19-20
Open Economy Macroeconomics, Mankiw & Taylor: Chapter 9.
Assignment for FACE-TO-FACE TUTORIAL 4 posted
Week 34 (Semester 2, Week 11, 10/5)
FACE-TO-FACE TUTORIAL 4