Macro Study Questions Go to Course Calendar (currently being revised)
Dr. Satya J.
Professor of Economics and Finance
The severe economic crisis that erupted in 2007 and deepened in 2008 came close to pushing the U.S. and global economies into another great depression like the world has not seen since the 1930s. The frantic application of ameliorative macroeconomic policies by central governments, and particularly central banks, may have been the only actions of sufficient economic clout to short-circuit the economic collapse. This course provides students with the fundamental concepts and logic of macroeconomics and uses these concepts and logic to understand macroeconomic policies and consequences.
This course is designed to provide students with the preparation for intermediate level economics courses, particularly the intermediate macroeconomics course.
|Sept. 5-7||Course Introduction: R & T chapters 1 & 2 and GHJ, pps. 1-48.|
|Sept. 10-12||Supply & Demand: R & T, Chapters 3 & 4|
|Sept. 14-17||Macroeconomics: The Big Picture: R & T, Ch. 5|
|Sept. 19-21||Measuring Total Output and Income:
R & T, Ch. 6|
2010 Gross Domestic Product Comparison by Nation-states
|Sept. 24-28||Aggregate Demand and Aggregate Supply: R & T, Ch. 7|
|Oct. 1-5||Economic Growth: R & T, Ch. 8|
|Oct. 10-15||The Nature and Creation of Money: R & T, Ch. 9; and, GHJ, pps. 1-48|
|Oct. 17-19||Microfinance and Macroeconomics: GHJ, pps. 49-64|
|Oct. 22-26||Financial Markets and the Economy: R & T, Ch. 10|
|Oct. 29-31||Monetary Policy and the Fed: R & T, ch. 11|
|Nov. 5-9||Government and Fiscal Policy: R & T, Ch. 12|
|Nov. 12-16||Consumption and Aggregate Expenditures Model: R & T, Ch. 13|
|Nov. 19-23||Investment and Economic Activity:
R & T, Ch.14
Macro Caselet: Japanese Household Spending & the MPC
|Nov. 26-30||International Finance: R & T, Ch.15|
|December 3-7||Inequality, Poverty, & Discrimination: R & T,
Macro Caselet: Russian Central Bank to Print More Money
|December 10||Review for Final Exam|
Federal Reserve Board Beige Book
Copyright © 2012, Satya Gabriel, Economics Department, Mount Holyoke College.