Syllabus
Syllabus
1. Welcome to Julia & Pluto
2. Introduction to Macroeconomics
3. Measuring Macroeconomic Data
4. The IS Curve
5. Monetary Policy & Aggregate Demand
6. The Central Bank Balance Sheet & Monetary Policy Tools**
Mid-term test
7. Aggregate Supply and the Phillips Curve
8. The Aggregate Demand & Supply Model
9. Macroeconomic Policy: Aggregate Demand & Supply Analysis
10. The Zero Lower Bound & Macroeconomic Policy
11. Fiscal Policy & the Government Budget
12 . Rounding up topics & controversies
Final test
Adopted textbook:
Frederic S. Mishkin (2015). Macroeconomics: Policy & Practice, Second Edition, Pearson Editors.
** Parts of two chapters (17 and 18) from the following textbook will be used for this point.
Stephen G. Cecchetti and Kermit L. Schoenholtz (2017). Money, Banking, and Financial Markets, Fifth Edition, McGraw-Hill.
Assessment regimes:
Option A:
1. Midterm test: one test covering the materials taught during the first 6 weeks of the semester, weighting 50% on the final grade.
2. A final test covering all materials taught in this course, but with more emphasis on the materials covered during the last six weeks of the semester. It has a weight of 50% on the final grade.
3. The grade in any of these tests cannot be lower than 8 points (on a scale from 0 to 20 points)
Option B:
1. One final exam: weight of 100% on the final grade.
2. Covers all materials taught during the entire semester.
3. There will be a re-sitting test for those that fail in option A or/and option B. This test includes all materials and represents 100% of the final grade.
Tests: "open book", in a computer, and using Pluto.jl notebooks
All tests in this course will be taken using a computer and the Pluto.jl interface. It means that tests will be "open book", but students must know how to use Pluto quite well. Pluto's use will be a funny, handy tool for learning, teaching, and conducting the evaluation process. We assure students that Pluto will be the less demanding part of this course but one of its most valuable items.