Numbering Code	U-ECON00 20103 LJ43	Year/Term	2022 ・ First semester
Number of Credits	2	Course Type	Lecture
Target Year	From 2nd to 4th year students	Target Student
Language	Japanese	Day/Period	Mon.3
Instructor name	YUUKI KAZUHIRO (Graduate School of Economics Associate Professor)
Outline and Purpose of the Course	Lectures on standard intermediate-level macroeconomics. This class covers the contents of Volume I of the textbook, and the second part, Macroeconomics 2, addresses the contents of Volume II. Specifically, after learning important macroeconomic variables such as GDP, students will learn various models for understanding macroeconomic fluctuations and analyzing the economic impact of shocks and policies. Students will learn about open economy and economic growth in Macroeconomics 2.
Course Goals	Being able to understand the concepts and theories of macroeconomics and analyze the economic impact of policies and shocks using models. Students will acquire the ability to understand and analyze real macroeconomic fluctuations.
Schedule and Contents	Week 1: Orientation [Macroeconomic Variables] Week 2: GDP and Price Index (Chapter 2) Week 3: Distribution and Expenditure of National Income (Chapter 2) [Long-Run Model] Week 4 and 5: National Income (Chapter 3) Week 6: Money and Inflation (Chapter 4) Week 7: Unemployment (Chapters 2 and 6) [Short-Run Models (Business Cycle)] Week 8: Business Cycle Data, AD-AS Model (1) (Chapter 7) Week 9: AD-AS Model (2) (Chapter 7) Week 10: Building IS-LM Model (Chapter 8) Week 11: Application of IS-LM Model, Derivation of Aggregate Demand Curve (Chapter 9) Week 12: Derivation of Aggregate Supply Curve (Chapter 10) Week 13: Short-Run Trade-off Between Inflation and Unemployment (Chapter 10) Week 14: Impacts of Covid-19 on Macroeconomy This schedule is subject to change depending on the progress of the lectures. Feedback(Week 15): Questions and discussions regarding the examination will be provided. Methods of feedback will be announced separately.
Evaluation Methods and Policy	Evaluation is based on results of the final exam.
Course Requirements	None
Study outside of Class (preparation and review)	Deepen understanding by studying the end-of-chapter problems and case studies in the textbook.
Textbooks	Textbooks/References	N. グレゴリー・マンキュー(著) 足立英之・地主敏樹・中谷武・柳川隆(訳) "マンキュー マクロ経済学 [1] 入門篇 第4版" (東洋経済新報社) ISBN:978-4492315040, Lectures will be based on the lecture notes posted in advance on PandA. The material partly includes contents that are not in the textbook.
References, etc.	オリビエ・ブランシャール(著) 中泉他(訳) 『ブランシャール マクロ経済学(第二版) 上・下』(東洋経済新報社), チャールズ・ジョーンズ(著) 宮川他(訳) " ジョーンズ　マクロ経済学 I・II" (東洋経済新報社), スティーブン・ウィリアムソン(著) 釜国男(訳) "マクロ経済学 I・II" (東洋経済新報社), アセモグル、レイブソン、リスト(著)、岩本(訳) 『アセモグル/レイブソン/リスト マクロ経済学』 (東洋経済新報社), 福田慎一･照山博司 "マクロ経済学･入門(第5版)" (有斐閣)
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