International Macroeconomic Policy

学習院大学 国際社会科学部

2023 後期、2024 前期

【テキスト】

Olivier Blanchard『 Macroeconomics 』8th ed., Pearson.

【授業概要】

This course introduces a unified and global view of macroeconomics, enabling students to see the connections between goods markets, financial markets, and labor markets worldwide. We examine the determination of aggregate output, unemployment, prices, interest rates, inflation and open economy topics, in the short-run, medium-run and long-run markets. Throughout the course, we consider macroeconomic policies and economic issues of current interest from the major economic crisis and monetary policy. Models and tools taught help students employ and develop their analytical and evaluative skills.

【到達目標】

You will finish the course equipped with a basic understanding of news and macroeconomic policies relating to economy as a whole.

【授業計画】

  1. The goods market
  2. Financial markets
  3. Goods and financial markets: The IS-LM model and the extended IS-LM model
  4. The labor market
  5. The Philips curve, the natural rate of unemployment, and inflation
  6. The IS-LM-PC model
  7. Saving, capital accumulation, and output
  8. Technological progress and growth
  9. Institution, inequality, and economic development
  10. Openness in goods and financial markets
  11. The goods market in an open economy
  12. Output, the interest rate, and the exchange rate
  13. Exchange rate regimes
  14. Fiscal policy and monetary policy: A summing up
  15. Review and summary