0950201W-Macroeconomics-Chen qiting

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Course description


Course No.


0950201W

College

Economics

and
Management

Dept.

International
Trade and
Economics

Teacher

Chen qiting

Course
Name

English

Macroeconomics

Chinese

宏观经济学

Course
hours

Total

Theory

Experiment

S
elf
-
study

Practice

Course desi
gn

64

64







Yes




Course description

Descri扥 t桥 湡t畲e, aca摥mic status, a湤 aims 潦 t桥 c潵ose (t桥潲y, a扩lit礠a湤
tec桮h煵q)

ㄮ C潵ose 湡t畲e a湤naca摥mic stat畳

Macr潥c潮潭ics is 步礠扡sic c潵ose f潲 st畤u湴s maj潲 i渠ec潮潭ics.


Branch
of economics that deals with aggregate economic variables, such as the level and growth rate
of national output, interest rates, unemployment, and inflation.


Academic status: undergraduate


2.
C
ourse aims (theory, ability and technique)


T漠i湴r潤畣e t桥

r潬e 潦
t桥 a杧ge条te ec潮潭yI i湣l畤u湧nt桥 t潰ocs 潦 i湦lati潮o 畮um灬潹oe湴I
扵bi湥ss c祣lesI 杲潳s 摯destic 灲潤畣tI m潮oyI fiscal 灯picyI a湤nm潮otar礠灯picy.


T漠灲潶o摥 a渠i湴e湳i癥 e硡mi湡ti潮o潦 alter湡ti癥 sc桯潬s 潦 macr潥c潮潭ics a湤nt桥ir
摩f
fere湣es.


T漠 杩癥 a渠 i湴r潤畣ti潮o 潦
t桥潲etical

f潵湤oti潮

a湤n
潰orati潮ol

mec桡湩sm

潦 杯癥r湭e湴
i湴erfere湣e i渠
macr漠ec潮潭y


Requirements for courses
;

ability and knowledge in advance

Microeconomics



C
ourse structure

explanation
:

M
ake clear the
necessary parts, optional parts, distribution of hours.

C
ourses with

experiments or
practice are expected to explain hours needed, content, scheme and functions.

Part
I

The Data of Macroeconomics (
8

lecture hours)

Measuring

a Nation

s In
come

Basic concepts of national accounts
, including

the introduction of GDP, GNP, NDP, NNP, NI, PI, and
DPI. The measurement of GDP and its components. Real versus nominal GDP. GDP and economic
well
-
being.
, banking, financial

market, financial instituti
ons.

Measuring

the Cost of Living

Introduction of definitions of CPI
,

PPI, and how to correct economic variables for the effects of
inflation .


Part
II

The Real Economy in the Long Run (
10

lecture hours)


Saving
, Investment, and the Fina
ncial
System


Saving and investment in the national income, including the introduction of financial
institut ion
s. and
the market for loanable funds.

The Natural Rate of Unemployment

The identificat ion of unemployment. Minimum
-
Wage law.
Union

and collecti
ve bargaining. And the
theory of efficiency wages.


Part
III

The Equilibrium Analysis of national income (2
2

lecture hours)


The NI
-
AE Analysis A
pproach


The determination of
equilibrium

output in the goods market and it changes. The basi
c multiplier
model and
calculating

of multipliers. And fiscal policy in the multiplier model.

The IS
-
LM Model

The Introduction of IS and LM curve. The determination of
equilibr ium

output in both the goods and
money markets and
their

changes. And the
funda
mental

framework

of Keynes


theory.

The AS
-
AD Analysis A
pproach

Introductions of a
ggregate

demand curve and a
ggregate

supply

curve. And

how to use them to explain
the economic
phenomenon
.


Part
IV

Money and Price in the Long Run (
12

lec
ture hours)


The Monetary System

Introductions of meaning of money. The classification of money such as M
o
,M
1,
M
2
. and how banking
system
affect
s money supply.

Inflation :Its Costs and Causes

Introduction of the causes of inflation and the costs of it.


P
art
V

The Warring School of Macroeconomics (1
2

lecture hours)

The Warring School of Macroeconomics

The
introductions

of macroeconomics schools, and
their

theories and
different

analysis and policy
amplifications

in solving
macroeconomic

p
roblems
, including classical stirrings and Keynesian
revolution. The Monetarist approach. New Classical Macroeconomics. And the Supply

Side
economics









Teaching methods (Lectures
,

practice, etc)



Instructor’s
lecture

The course mainly depends on instructor’s lectures to deliver basic knowledge to students. Students
are required to attend the class regularly and preview
each

chapter

in the textbook
.



Students’
presentation

The course also promotes students’ self
-
learning

ability. Students are assigned to different research
groups. They will investigate specific topics in
macroeconomics
, search extra information for case
studies,
and
present their findings in class.




Form
s of examination
and requirements

Structure of t
he final grade
(including presence,
class performance,
)
,
focus of exam, forms of
exam
(test, interview, final report, etc)

The assessment methods consist of:



Final

exams (
6
0%)



Team presentation and team research report (
20
%)



In
-
class activities and discus
sions (
20
%)



Textbook

N
ame

P
ublisher

Author

Y
ear

Price

Macroeconomics

人民邮电出版社

Paul
A.Samuelson

2008

58RMB

References

N
ame

P
ublisher

Author

Y
ear

Price

Principles of
Macroeconomics

高等教育出版社

N.Gregory
Mankiw

2009

39RMB






Website


Course
members


College