Credits / Language / Semester

4Credits / English / Summer


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.


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

Teaching Methods

Lectures by the instructor.


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

Required Textbooks

Macroeconomics, 8th edition (International edition, paperback)
Mankiw, N. Gregory
W.H.Freeman & Co Ltd
(The US 8th edition (hardcover) from Worth Publishers is also acceptable.)

Notes on Taking the Course

This is the same course as 'Macroeconomics' offered from 2008 to 2013 (2008-2010: Code 51103040 (in Japanese), 2011-2013: Code 51103041 (in English)). Those who have already taken these courses cannot take this course again for credit.

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