Intermediate Macroeconomics 1B (Undergraduate)

Macroeconomics (Graduate)

2018 Spring, Wednesday 10:45~12:15

at Mita Campus West Building Room 516

Instructors:

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, 3^rd edition (2014) or 4^th 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), “The Recent Rise and Fall of Rapid Productivity Growth” FRBSF Economic Letter, 2015-04, Feburary 9.

https://www.frbsf.org/economic-research/publications/economic-letter/2015/february/economic-growth-information-technology-factor-productivity/

　　　　Francisco Buera and Ezra Oberfield (2016), “The Golobal Diffusion of Ideas and Its Impact on Productivity Growth” Chicago Fed Letter, No. 369.

https://www.chicagofed.org/publications/chicago-fed-letter/2016/369

Lecture 13 (July 11) Applications: Inequality

Special Topics on micro-macro:

　　　　　Gene Amromin, Mariacristina De Nardi, and Karl Schulze (2018), “Inequality and Recessions”, Chicago Fed Letter, No. 392

https://www.chicagofed.org/publications/chicago-fed-letter/2018/392

　　　　Mariacristina De Nardi, Giulio Fella, and Fang Yang (2016), “Piketty’s Book and Macro Models of Wealth Inequality”, Chicago Fed Letter, No. 352.

https://www.chicagofed.org/publications/chicago-fed-letter/2016/352

Lecture 14 (July 18) In Class Final Exam