Macroeconomics
Course No.: ECH1131002 Credit(s): 3
Course Description
Macroeconomics is relative to microeconomics. Macroeconomics studies the overall economic behavior of the society and its consequences. That is the analysis of the whole economic operation, including the output, income, price level and employment level of the whole society. Through the study of the relationship between various national economic aggregates, this course reveals the contradictions in macroeconomic operation, the law of macroeconomic change and the impact of government's economic policies on the national economy..
Course Learning Outcomes
Through teaching, students can grasp the basic knowledge and analysis methods of the discipline, have a comprehensive and systematic understanding of the basic contents of contemporary macroeconomics, and combine them with actual analysis and application. This course will lay a solid foundation for other courses' learning and work in the future.
Relationship to Other Courses
The prerequisite for this course is Advanced Mathematics and Calculus.
Textbook and Reading Lists
Textbook:
Hongye Gao. Macroeconomics (6th Edition). Renmin University of China press, 2014.
Suggested reading lists:
Su Zhang. Macroeconomics. Tsinghua University press, 2015..
Yining Li. Course of the History of the Western Macroeconomics Theory, Renmin University of China press, 2015.
Banggen Huang. Macroeconomics. People Post and TelecommUnications Press, 2017.
Course Assessment
Item | Title | Weighting (%) |
1 | Task in home | 10% |
2 | Test and Questions in class | 10% |
3 | Final exam | 80% |
Course Schedule
Week | Topics | Text |
1 | Introduction and National Income Accounting | Chapters 1,2 |
2-3 | The Theory of Simple National Income Decision | Chapters 3 |
4 -6 | Simultaneous Equilibrium of Product Market and Monetary Market | Chapters 4 |
7-8 | Macroeconomic Policy | Chapters 5 |
9-10 | Total Demand - total Supply Model | Chapters 6 |
11-12 | Inflation Theory and Unemployment | Chapter 7 |
13-14 | Economic Growth and Economic Cycle Theory | Chapter 8 |
15-17 | The Decision of the National Income in the Open Economy | Chapter9 |
18 | Review | |