ECN207-2015fa

Intermediate Macroeconomics (3h)

http://college.wfu.edu/assessment/program-goals-and-assessments/economics-department-ecn-2/

On successful completion of Econ 207: Intermediate Macroeconomics, students should understand and/or be able to apply the following concepts and tools to examine these macroeconomic problems:

The measurement of GDP, aggregate prices, and unemployment, and the distinction between the short-run and long-run

The circular flow of income and expenditure

Nominal wage and price rigidities

Equilibrium in the goods and services market and the market for loanable funds

The quantity theory of money and what determines the demand for money

The relationship between money and inflation, and the social costs of inflation

The labor market and theoretical explanations of unemployment

The relationship between capital accumulation, population growth, technology and long-run economic growth using aggregate production functions

Aggregate demand and aggregate supply, and the business cycle

The IS-LM model and its predictions for fiscal and monetary policy

Application of macroeconomic theory to the short-run tradeoff between inflation and unemployment

Debt and government budget dynamics

The evolution of financial systems

http://college.wfu.edu/economics/courses

Development of macroeconomic concepts of national income, circular flow, income determination, causes of unemployment, IS-LM analysis, inflation and growth. Emphasizes contributions of Keynes and the Keynesian tradition. P–ECN 150 and MTH 111 or 112.

John Dalton - http://users.wfu.edu/daltonjt/

Macroeconomics, 2nd Edition

Roger Farmer, South

Hardcover: 480 pages

Publisher: South-Western College Pub; 2 edition (July 31, 2001)

Language: English

ISBN-10: 0324069715

ISBN-13: 978-0324069716

out of print

no preview in Google Books

HB172.5

http://rogerfarmer.com/NewWeb/WebPages/books.htm

http://www.swlearning.com/economics/farmer/farmer2e/farmer2e.html

http://www.amazon.com/Macroeconomics-Macro-Tools-CD-ROM-Farmer/dp/0324069715

optional

The Undercover Economist Strikes Back: How to Run—or Ruin—an Economy

Tim Harford

http://www.amazon.com/Undercover-Economist-Strikes-Run---Ruin--/dp/159463291X/

amazon paperback $10.64

kindle $7.99

Paperback: 272 pages

Publisher: Riverhead Books; Reprint edition (January 6, 2015)

Language: English

ISBN-10: 159463291X

ISBN-13: 978-1594632914

Note

The Big Short

Michael Lewis

https://en.wikipedia.org/wiki/The_Big_Short

Kindle $9.25

Paperback $9.75

Paperback: 291 pages

Publisher: W. W. Norton & Company; Reprint edition (February 1, 2011)

ISBN-10: 0393338827

ISBN-13: 978-0393338829

http://www.amazon.com/Big-Short-Inside-Doomsday-Machine/dp/0393338827/

Boomerang: Travels in the New Third World

Michael Lewis

Kindle $9.04

Paperback $9.52

Paperback: 240 pages

Publisher: W. W. Norton & Company; 1 edition (September 4, 2012)

ISBN-10: 0393343448

ISBN-13: 978-0393343441

http://www.amazon.com/Boomerang-Travels-New-Third-World/dp/0393343448/

How Adam Smith Can Change Your Life: An Unexpected Guide to Human Nature and Happiness

Russ Roberts

Paperback $9.61

Kindle $14.99

Hardcover: 272 pages

Publisher: Portfolio; First Edition edition (October 9, 2014)

ISBN-10: 1591846846

ISBN-13: 978-1591846840

http://www.amazon.com/Adam-Smith-Change-Your-Life/dp/1591846846

On The Wealth of Nations

P. J. O'Rourke

http://www.amazon.com/Wealth-Nations-Books-Changed-World/dp/0871139499

Series: Books That Changed the World

Hardcover: 256 pages

Publisher: Atlantic Monthly Press; First Edition edition (December 4, 2006)

ISBN-10: 0871139499

ISBN-13: 978-0871139498

R.A. Radford The Economic Organization of a P.O.W. Camp

Economica

New Series, Vol. 12, No. 48 (Nov., 1945), pp. 189-201

http://www.jstor.org/stable/2550133?seq=1#page_scan_tab_contents

Keynes Hayek: The Clash that Defined Modern Economics

by Nicholas Wapshott

http://www.amazon.com/Keynes-Hayek-Defined-Modern-Economics/dp/0393343634

Paperback: 400 pages

Publisher: W. W. Norton & Company; 1 edition (September 10, 2012)

ISBN-10: 0393343634

ISBN-13: 978-0393343632

Paperback $13.55

Kindle $9.99

Capitalism and Freedom

Milton Friedman

http://www.amazon.com/Capitalism-Freedom-Fortieth-Anniversary-Edition/dp/0226264211

kindle $9.99

Paperback: 230 pages

Publisher: University Of Chicago Press; 40 Anv edition (November 15, 2002)

ISBN-10: 0226264211

ISBN-13: 978-0226264219

A Monetary History of the United States, 1867-1960

Milton Friedman, Anna Jacobson Schwartz

http://www.amazon.com/Monetary-1867-1960-National-Economic-Publications-ebook/dp/B0046A9M8G/

Kindle $39.99

Paperback $59.52

Paperback: 888 pages

Publisher: Princeton University Press; 10.2.1971 edition (November 1, 1971)

ISBN-10: 0691003548

ISBN-13: 978-0691003542

The Affluent Society

John Kenneth Galbraith

http://www.amazon.com/Affluent-Society-John-Kenneth-Galbraith/dp/0395925002/

Paperback: 288 pages

Publisher: Mariner Books; 40 Anv Sub edition (October 15, 1998)

ISBN-10: 0395925002

ISBN-13: 978-0395925003

Paperback $8.63

Kindle $9.99 more expensive!

Knowledge and the Wealth of Nations: A Story of Economic Discovery

David Warsh

Paperback $13.26

no Kindle

http://www.amazon.com/Knowledge-Wealth-Nations-Economic-Discovery/dp/0393329887

Paperback: 464 pages

Publisher: W. W. Norton & Company; Reprint edition (May 17, 2007)

ISBN-10: 0393329887

ISBN-13: 978-0393329889

Why Nations Fail

Daron Acemoglu, James Robinson

http://www.amazon.com/gp/product/0307719227?keywords=why%20nations%20fail&qid=1446821987

Paperback: 544 pages

Publisher: Crown Business; Reprint edition (September 17, 2013)

ISBN-10: 0307719227

ISBN-13: 978-0307719225

paperback $9.80

Kindle $12.99 !!! more expesnive

This Time is Different

Carmen M. Reinhart, Kenneth Rogoff

http://www.amazon.com/This-Time-Different-Centuries-Financial-ebook/dp/B004EYT932/

Kindle $9.99

Paperback $12.01

Print Length: 512 pages

Publisher: Princeton University Press (September 11, 2009)

Publication Date: September 11, 2009

ISBN-10: 0691152640

ISBN-13: 978-0691152646

The Bottom Billion: Why the Poorest Countries are Failing and What Can Be Done About It

Paul Collier

http://www.amazon.com/The-Bottom-Billion-Poorest-Countries/dp/0195373383

Paperback: 224 pages

Publisher: Oxford University Press; 1 edition (August 22, 2008)

ISBN-10: 0195373383

ISBN-13: 978-0195373387

Kindle $7.14

Paperback $12.93