Macroeconomics

Faculty

FUJIMOTO, Junichi

Credit / Semester / Schedule / Language

4 Credits / Summer / Monday Period: 4 / Thursday Period: 2 / English

Objectives/Overview

My main goal in this lecture is to enable you, through the study of fundamental concepts and ideas of macroeconomics, to analyze practical macroeconomic problems on your own. I also wish to fill in the gap between intermediate and advanced macroeconomics by emphasizing the microfoundations of macroeconomics, which are essential at the advanced level of study. From that perspective, while I will spend much of the time on the traditional Keynesian model, I will also discuss more recent approaches in the latter half of the semester.

Keywords

Macroeconomics, IS-LM model, Neoclassical growth model, Business cycles, Unemployment, English

Teaching Methods

Lectures by the instructor.

Grading

Problem sets (30%)
Midterm exam (30%)
Final exam (40%)

Required Text

Macroeconomics, 7th edition (International edition, paperback)
Mankiw, N. Gregory
Worth Publishers

Notes on Taking the Course

This is the same course as Macroeconomics (51103040) offered from 2008 to 2010 in Japanese. Those who have already taken those courses cannot take this course again for credit.