Macroeconomics

Course title

S2509000

Macroeconomics

Course description

The purpose of this course is to help students master macroeconomic theories that are necessary in thinking about economic problems. This course introduces the Keynesian economics and new-classical economics that are elementary for economics, and the macro-dynamic theory for advanced students.

Purpose of class

Students are expected to acquire macroeconoic theories, and analyze Japan's economy by using them.

Goals and objectives

	Goals and objectives	Course Outcomes
1.	Obtain macroeconomic theories.
2.	Understand Japan's economy.
3.	Suggest the economic policy that should be.
4.	Understand the current economic condition.

Language

Japanese

Class schedule

	Class schedule	HW assignments (Including preparation and review of the class.)	Amount of Time Required
1.	Introduction: What is Macroeconomics?	Check the syllabus.	180分
2.	Comprehension of GDP and Model Analysis	Look over terms of GDP and GNH.	210分
3.	Keynesian Economics (1): Principle of Effective Demand	Review exercises.	180分
4.	Keynesian Economics (2): Multiplier Effect and Liquidity Preference Theory	Review exercises.	210分
5.	Keynesian Economics (3): Equilibrium of financial Markets and Money Multiplier	Review exercises.	180分
6.	IS-LM Analysis (1): Model Building	Review exercises.	240分
7.	IS-LM Analysis (2): Fiscal and Monetary Policy	Review exercises.	210分
8.	International Macroeconomics (1): International Balance of Payments	Review exercises.	120分
9.	International Macroeconomics (2): Mundell-Fleming Model	Review exercises.	180分
10.	History of Modern Economics	Review exercises.	240分
11.	Unemployment and Inflation	Review exercises. / Examine about the definition of the unemployment.	120分
12.	New Classical Macroeconomics: Natural Rate of Unemployment Hypothesis	Review exercises.	180分
13.	Business Cycle Theory and Economic Growth Theory	Review exercises.	270分
14.	Review and Final Exam	Review all the lectures.	180分
Total.	-	-	2700分

Relationship between 'Goals and Objectives' and 'Course Outcomes'

	Quiz	Final Exam	Total.
1.	15%	25%	40%
2.	10%	10%	20%
3.	5%	10%	15%
4.	10%	15%	25%
Total.	40%	60%	-

Evaluation method and criteria

There will be a main exams (50%). In addition, there will be ten quizzes about the lecture (50%).
The students who are absent from a lecture than a one-third can not get any credits.

Textbooks and reference materials

Lecture materials are distributed.

Prerequisites

It is desirable to have studied Introduction to Economics

Office hours and How to contact professors for questions