Lectures on Macroeconomics Fall-2006

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.

   

Video

Handout

PowerPoint

Module 1 Module 1 consists of four lectures that describe a classical model of the macroeconomy.  

 

 
Lecture 1  An introduction to the course.

Lecture 1.1

Lecture 1.1

Lecture 1.1

Lecture 2 Measuring economic data.

Lecture 1.2

Lecture 1.2

Lecture 1.2

Lecture 3 Production functions and TFP.

Lecture 1.3

Lecture 1.3

Lecture 1.3

Lecture 4 The classical model of output, employment and growth.

Lecture 1.4

Lecture 1.4

Lecture 1.4

Module 2 Module 2 introduces intertemporal general equilibrium.      
Lecture 5 The theory of interest.

Lecture 2.1

Lecture 2.1

Lecture 2.1

Lecture 6 Present value.

Lecture 2.2

Lecture 2.2

Lecture 2.2

Lecture 7 The quantity theory of money.

Lecture 2.3

Lecture 2.3

Lecture 2.3

Lecture 8 The complete classical model.

Lecture 2.4

Lecture 2.4

Lecture 2.4

Module 3 Module 3 introduces Keynesian economics.      
Lecture 9 Keynes and unemployment.

Lecture 3.1

Lecture 3.1

Lecture 3.1

Lecture 10 The Keynesian theory of aggregate supply.

Lecture 3.2

Lecture 3.2

Lecture 3.2

Lecture 11 The Keynesian cross.

Lecture 3.3

Lecture 3.3

Lecture 3.3

Lecture 12 The IS-LM model.

Lecture 3.4

Lecture 3.4

Lecture 3.4

Module 4 Module 4 introduces the Phillips curve and discusses monetary and fiscal policy from a Keynesian perspective.      
Lecture 13 Managing the economy

Lecture 4.1

Lecture 4.1

Lecture 4.1

Lecture 14 Debt and deficits.

Lecture 4.2

Lecture 4.2

Lecture 4.2

Lecture 15 The Phillips curve (Part 1).

Lecture 4.3

Lecture 4.3

Lecture 4.3

Lecture 16 The Phillips curve (Part 2).

Lecture 4.4

Lecture 4.4

Lecture 4.4