Intermediate Macroeconomics 1B (Undergraduate)

Macroeconomics (Graduate)

2018 Spring, Wednesday 10:45~12:15

at Mita Campus West Building Room 516


Prof. Yu-chin Chen (University of Washington and Keio University) teaches during May 23 – June 13 (Lectures 6-9).

Prof. Yoshimasa Shirai (Keio University) teaches the rest.


Click [here] to fill in the Registration Form.


Textbook: Charles I. Jones, Macroeconomics, 3rd edition (2014) or 4th edition (2917), W. W. Norton.


Grading will be based on Final Exam and Submission of 1 page research proposal.


Lecture 1 (April 11) Lecture Slide

Introduction I: Review of System of National Accounting and Other Basic Concepts in Macroeocnomics (Ch. 1 and 2)


Lecture 2 (April 18)

Introduction II: Main Questions in Macroeconomics (Ch. 1 and 2)


Lecture 3 (April 25)

Theory of Production and Potential Output (Ch. 4)


Lecture 4 (May 9)

Labor Market and Unemployment (Ch. 7)


Lecture 5 (May 16)

Consumption and Savings (Ch. 16)


Lecture 6 (May 23) T.B.A. Prof. Chen


Lecture 7 (May 30) T.B.A. Prof. Chen


Lecture 8 (June 6) T.B.A. Prof. Chen


Lecture 9 (June 13) T.B.A. Prof. Chen


Lecture 10 (June 20) Economic Growth: Solow Model and Growth Accounting (Ch 3, 5, and 6)


Lecture 11 (June 27) Economic Growth: Neo Classical Growth Model and Endogenous Growth Model (Ch 3, 5, and 6)


Lecture 12 (July 4) Applications: Productivity Growth

@@@@John Fernald and Bing Wang (2015), gThe Recent Rise and Fall of Rapid Productivity Growthh FRBSF Economic Letter, 2015-04, Feburary 9.

@@@@Francisco Buera and Ezra Oberfield (2016), gThe Golobal Diffusion of Ideas and Its Impact on Productivity Growthh Chicago Fed Letter, No. 369.


Lecture 13 (July 11) Applications: Inequality

Special Topics on micro-macro:

@@@@@Gene Amromin, Mariacristina De Nardi, and Karl Schulze (2018), gInequality and Recessionsh, Chicago Fed Letter, No. 392


@@@@Mariacristina De Nardi, Giulio Fella, and Fang Yang (2016), gPikettyfs Book and Macro Models of Wealth Inequalityh, Chicago Fed Letter, No. 352.


Lecture 14 (July 18) In Class Final Exam