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Обычная версия сайта
07
Апрель

Macroeconomics

2021/2022
Учебный год
ENG
Обучение ведется на английском языке
3
Кредиты
Статус:
Курс по выбору
Когда читается:
1-й курс, 3 модуль

Преподаватели


Остапенко Всеволод Михайлович

Course Syllabus

Abstract

The course «Macroeconomics» is designed for providing students with the basic knowledge in the field of macroeconomic theory. They are introduced to essential principles of macroeconomic analysis. The course forms a comprehensive understanding of the functioning of aggregated markets (goods market, financial market and labor market), and of the influence of decisions, made by various economic agents (households, businesses, government, central bank), on the dynamics of key macroeconomic variables in the short and long run.
Learning Objectives

Learning Objectives

  • Strengthening the culture of economic thinking
  • Comprehension of basic principles of macroeconomic analysis, with their application to current macroeconomic processes in the Russian and global economy
  • Development of individual and corporate economic decision-making skills within the macroeconomic context.
  • Gaining required knowledge about types and tools of macroeconomic policy.
Expected Learning Outcomes

Expected Learning Outcomes

  • - Apply the acquired knowledge to the analysis of domestic and foreign macroeconomic statistics.
  • - Be able to analyze the basic functional relations between different macroeconomic variables in the short- and long run.
  • - Be able to use the tools of simple modelling to critically evaluate macroeconomic effects of monetary and fiscal policies in different phases of the business cycle.
  • - Understand and explain possible macroeconomic consequences of decisions, made by economic agents in the closed and open economy.
  • - Understand contemporary debates about the macroeconomic situation in Russia and in the world.
Course Contents

Course Contents

  • Section 1. Intro to Macroeconomics and Key Macroeconomic Indicators.
  • Section 2. Potential Output and Economic Growth.
  • Section 3. Aggregate Demand and Fiscal Policy.
  • Section 4. Money, Financial Markets and Monetary Policy.
  • Section 5. Business Cycles: IS-LM Model.
Assessment Elements

Assessment Elements

  • non-blocking Class participation (quizzes)
    Students’ effort during classes is evaluated by the results of regular quizzes. Quiz may consist of multiple choice questions (with one or several correct answers) and/or true-false statements.
  • non-blocking Midterm test
    Components: 1) Multiple choice questions (with one or several correct answers). 2) Statements (a student has to unambiguously assess every statement on a “true” - “false” scale with the necessary justification). 3) Analytical (numerical) problems that are to be solved with a use of key models, graphs and/or analytical apparatus from the course. A student has to provide the solution process in details.
  • blocking Final exam
    Components: 1) Multiple choice questions (with one or several correct answers). 2) Statements (a student has to unambiguously assess every statement on a “true” - “false” scale with the necessary justification). 3) Analytical (numerical) problems that are to be solved with a use of key models, graphs and/or analytical apparatus from the course. A student has to provide the solution process in details.
Interim Assessment

Interim Assessment

  • 2021/2022 3rd module
    0.25 * Class participation (quizzes) + 0.5 * Final exam + 0.25 * Midterm test
Bibliography

Bibliography

Recommended Core Bibliography

  • Gregory Mankiw, Mark P Taylor, Celeste Campher, & Ronney Ncwadi. (2018). Macroeconomics: Vol. 2nd edition. Cengage Learning.
  • Макроэкономика : учебник для академического бакалавриата / С. Ф. Серегина [и др.] ; под редакцией С. Ф. Серегиной. — 3-е изд., перераб. и доп. — Москва : Издательство Юрайт, 2016. — 527 с. — (Бакалавр и специалист). — ISBN 978-5-9916-4812-7. — Текст : электронный // ЭБС Юрайт [сайт]. — URL: https://www.biblio-online.ru/bcode/390134

Recommended Additional Bibliography

  • N. Gregory Mankiw. (2020). PDF Macroeconomics 10th Edition by N. Gregory Mankiw Download. https://doi.org/10.5281/zenodo.3752461
  • Макроэкономика. Сборник задач и упражнений : учебное пособие для академического бакалавриата / С. Ф. Серегина [и др.] ; под редакцией С. Ф. Серегиной. — 2-е изд., перераб. и доп. — Москва : Издательство Юрайт, 2016. — 174 с. — (Бакалавр. Академический курс). — ISBN 978-5-9916-6123-2. — Текст : электронный // ЭБС Юрайт [сайт]. — URL: https://www.biblio-online.ru/bcode/387479