Lectures on Macroeconomics Fall-2006
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This page contains a self-contained set of lecture note to accompany the book Macroeconomics published by SouthWestern. There are PowerPoint Slides, handouts to accompany the slides and a set of videos from the fall of 2006 of lectures delivered at UCLA. The course is more Keynesian than most modern introductions to macroeconomics, although they are much more 'new-Keynesian' than 'old-Keynesian'. Future versions of the course are likely to be based on an adapted version of my new book on Old-Keynesian economics. Stay tuned. |
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| Module 1 | Module 1 consists of four lectures that describe a classical model of the macroeconomy. |
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| Lecture 1 | An introduction to the course. | |||
| Lecture 2 | Measuring economic data. | |||
| Lecture 3 | Production functions and TFP. | |||
| Lecture 4 | The classical model of output, employment and growth. | |||
| Module 2 | Module 2 introduces intertemporal general equilibrium. | |||
| Lecture 5 | The theory of interest. | |||
| Lecture 6 | Present value. | |||
| Lecture 7 | The quantity theory of money. | |||
| Lecture 8 | The complete classical model. | |||
| Module 3 | Module 3 introduces Keynesian economics. | |||
| Lecture 9 | Keynes and unemployment. | |||
| Lecture 10 | The Keynesian theory of aggregate supply. | |||
| Lecture 11 | The Keynesian cross. | |||
| Lecture 12 | The IS-LM model. | |||
| Module 4 | Module 4 introduces the Phillips curve and discusses monetary and fiscal policy from a Keynesian perspective. | |||
| Lecture 13 | Managing the economy | |||
| Lecture 14 | Debt and deficits. | |||
| Lecture 15 | The Phillips curve (Part 1). | |||
| Lecture 16 | The Phillips curve (Part 2). | |||