Numbering Code	G-ECON31 5A904 LE43	Year/Term	2022 ・ First semester
Number of Credits	2	Course Type	Lecture
Target Year		Target Student
Language	English	Day/Period	Fri.2
Instructor name	NISHIYAMA SHINICHI (Graduate School of Economics Professor)
Outline and Purpose of the Course	This course covers standard intermediate-level macroeconomics, which consists of the classical theory, the growth theory, and the business cycle (Keynesian) theory. The course also covers some additional topics, such as stabilization policy, government debt and budget deficits, and the financial system, in macroeconomic theory and policy.
Course Goals	Students would be able to understand a variety of standard macroeconomic theories and use these concepts to analyze macroeconomy and the effects of fiscal and monetary policies.
Schedule and Contents	Week 1: Introduction - The Science and the Data of Macroeconomics Weeks 2-5: Classical Theory - National Income - The Monetary System and Inflation - The Open Economy - Unemployment and the Labor Market Weeks 6-7: Growth Theory - Capital Accumulation and Population Growth - Technology, Empirics, and Policy Weeks 8-10: Business Cycle (Keynesian) Theory - Building the IS-LM Model - Applying the IS-LM Model - The Mundel-Fleming Model Week 11-14: Topics on Macroecoomic Theory and Policy - Alternative Perspective on Stabilization Policy - Government Debt and Budget Deficits - The Financial System: Opportunities and Dangers - The Microfoundations of Consumption and Investment Week 15: Feedback
Evaluation Methods and Policy	Evaluation will be based on four homework assignments (20 percent) and one final exam (80 percent), following the guideline of the Graduate School of Economics.
Course Requirements	None
Study outside of Class (preparation and review)	Students are strongly encouraged to attend all classes, ask questions in the classroom and during office hours, and review the course material (textbooks, lecture slides, etc.) after each of the lectures.
Textbooks	Textbooks/References	Macroeconomics (Tenth Edition), N. Gregory Mankiw, (Worth Publishers), ISBN:978-1-319-24358-6
References, etc.	Macroeconomics (Global 7th Edition), Olivier Blanchard, (Pearson Education), ISBN:978-1-292-16050-4 Macroecnomics (Global 9th Edition), A. Abel, B. Bernanke, D. Croushore, (Prentice Hall), ISBN:978-1-292-15492-3 Macroeconomics (International 4rd Edition), Charles I. Jones, (W W Norton & Co.), ISBN:978-0-393-60376-7 Macroeconomics (Global 6th Edition), Stephen D. Williamson, (Pearson Education), ISBN:978-1-292-21576-1