Economic Policy
Overview
The course is designed to students with provide a comprehensive understanding of the many facets of economic policymaking, to strengthen their analytical skills, and to enable them to formulate economic policy recommendations and advice.
This course focuses on macroeconomic policy problems in the short-run.
Macroeconomic theory is covered to analyze these macroeconomic problems.
The course introduce policy implementations to solve macroeconomic problems.
We study the collection and descriptive analysis of macroeconomic data.
We learn to employ empirical analysis to manage macroeconomic research.
Students experience how to conduct economic policy analysis.
You can find the course syllabus here.
Textbook
F. Mishkin, Macroeconomics: Policy and Practice, 2nd Edition,Pearson.
Course Plan
Lecture 1: Introduction to Economic Policy: Economic Analysis
Mishkin, Macroeconomics - Chapter 1 and 2
Lecture 2: Interpretation of Macroeconomic Data
Lecture 3: Macroeconomic Basics
Mishkin, Macroeconomics – Chapter 3,4,5
Lecture 4: Business Cycles
Mishkin, Macroeconomics – Chapter 8
Lecture 5: Inflation and Phillips Curve
Mishkin, Macroeconomics – Chapter 11
Lecture 6: Aggregate Demand
Mishkin, Macroeconomics - Chapter 9
Lecture 7: Monetary Policy
Mishkin, Macroeconomics - Chapter 10
Lecture 8: Monetary Transmission Mechanism
Lecture 9: Macroeconomic Analysis
Mishkin, Macroeconomics - Chapter 13
Lecture 10: Macroeconomic Policy
Mishkin, Macroeconomics - Chapter 16 and 17