| Semester 2, Session 2010/2011
Dr. Mohd Azlan Shah Zaidi (azlan@ukm.my)
School of Economics
Faculty of Economics and Management
Universiti Kebangsaan Malaysia
43600 Bangi, Selangor D.E.
| Venue: |
BS 18 (7.102) |
| Time: |
Wednesday: 9.00-1.00 p.m. |
Announcement:
1. Mid-Term Exam Results: Click here
2. Final Exam - Part 2: Clik here
Instruction for final exam - part 2.
- Answers must be handwritten.
- Every student must write their answers in their own words.
- The answers must be submitted on 29 April 300pm
at my room. Course Syllabus
Course Synopsis
Macroeconomics is the study of the national economy as a whole. In that regard, we examine the behavior of
aggregate variables, such as output (GDP), the price level, money supply, aggregate private and government spending, taxation, debt, and growth rates. We study the interactions among them, and their relationships with other variables. Though the course is primarily concerned with the national economy, in some cases references to the open-economy shall be made where relevant (for example, the influence of or impact on the exchange rate or balance of payments).
Course Learning Outcome
For the student, the objectives are twofold:
|
1 |
to understand the subject material at hand – i.e. the macroeconomic theories, evidence, and policy; and |
2 |
to develop one’s research and economic reasoning skills. Some time will be spent on the ‘toolkits’ of macroeconomic analysis (e.g. solving systems of equations, comparative statics, dynamic optimization, diagrams, and other analytical techniques). |
No |
Course Content |
Brief Notes |
Tutorial Questions |
| 1
|
Introduction |
- |
- |
2 |
National Income: Where It Comes from and Where It Goes |
L2 |
T2 |
3 |
Money and Inflation |
L3 |
T3 |
4 |
The Open Economy |
L4 |
T4 |
5 |
Economic Growth I |
L5 |
T5T6 |
6 |
Economic Growth II |
L6 |
| 7 |
Unemployment |
L7 |
Do you own exercises.
Refer to questions at the back of each chapter covered. |
| 8 |
Government Debt and Budget Deficits |
L8 |
| 9 |
A Dynamic Model of Aggregate Demand and Aggregate Supply |
L9 & L10
L11 |
| 10 |
Economic Fluctuations |
L12 |
| 11 |
Consumers |
L13 |
| 12 |
Investment |
L14 |
|
Evaluation
In this class you are specifically required to fulfill the following tasks to successfully complete the course:
| No |
Tasks |
Master |
PhD |
| 1 |
Participation/Assignments |
20% |
10% |
| 2 |
One presentation on a journal article
- Each week 2 students are assigned to review and critic a journal paper on the topic covered from the previous class.
|
10% |
5% |
| 3 |
Mid examination (take home exam) |
35% |
35% |
| 4 |
Final examination |
35% |
35% |
| 5 |
One academic paper write up (for PhD students) on any topic of your interest in macroeconomic issues.
- The format should follow the standard academic journal paper.
- The paper is due by the end of semester.
- It can be a conceptual or empirical study.
|
0% |
15% |
| |
|
|
|
|
1 |
Mankiw, N. G. 2010. Macroeconomics. Worth Publishers, 7th Edition. |
2
|
Froyen, R. T. 2009. Macroeconomics: Theories and Policies New Jersey: Prentice Hall International Editions, 9th Edition. |
3 |
Branson. 1989. Macroeconomic Theory and Policy, Harper-Collins, 3rd Edition. |
4 |
Sachs and Larrain. 1993. Macroeconomics in the Global Economy, Prentice Hall. |
6 |
Romer, D. 2006. Advanced Macroeconomics, McGraw-Hill/Irwin, 3rd Edition. |
5 |
Walsh, C. E. 2003. Monetary Theory and Policy, The MIT Press, London, 2nd Edition. |
