Macroeconomics and Japan
Fall 2006
Syllabus
2007/01/09
Ryoichi Imai
International Student Center, Kyushu University
http://homepage3.nifty.com/ronten/JTWhome.htm
Contents
This course is designed to provide some background knowledge to help understanding the Japanese economy. The course attendants will learn the essence of macroeconomics, and study how to apply the economic theory to the real economy.
Topics covered by this course: National accounting and value added, price index, consumption, saving, and investment, money and inflation, closed economy and open economy, unemployment, growth and fluctuations, aggregate supply and demand, Keynesian Cross and IS-LM analysis.
Organization, Attendance, and Other Requirements
Lecture notes are to be provided by the instructor. However the following book is used for reference.
Mankiw, Gregory [2006] Macroeconomics, 6th ed. Worth Publishers.
The class starts with a series of lecture given by the instructor. Later the students present some selected chapters of the textbook in the class. Each course attendant is required to make at least ONE oral presentation of one chapter of the textbook. The presenter must make a set of PowerPoint Slides. There is one midterm examination, but no written homework.
None.
Class Attendance and Discussion 10%
Presentation 40%
Midterm Examination 50%
Schedule and Readings (subject to Change)
1. Lecture: Intoriduction
2. Lecture: GDP and National Income (pdf) - Ch.1 and Ch.2 of Mankiw
3. Lecture: Consumption, Saving, and Investment - Ch.3 of Mankiw
4. Lecture: Money (pdf)- Ch.4 of Mankiw
5. Lecture: Open Economy (pdf) - Ch.5 of Mankiw
6. Lecture: Unemployment (pdf) - Ch.6 of Mankiw
7: Lecture: Economic Fluctuations (pdf) - Ch.9 of Mankiw
8. Lecture: Aggregate Demand I (pdf) - Ch.10 of Mankiw
9. (12/5) Lecture: Aggregate Demand I (pdf) - Ch.10 of Mankiw
10. (12/12) Lecture: Aggregate Demand II (pdf) - Ch.11 of Mankiw
11: (12/19) Special Lecture by Professor Pollack, broadcast by NHK.
12. (1/9). Lecture: Aggregate Demand II (pdf) - Ch.11 of Mankiw
13: (1/16) Lecture: Aggregate Demand II (pdf) - Ch.11 of Mankiw
14. (1/23) Students' Presentation: Aggregate Demand in the Open Economy - Ch.12 of Mankiw (Part 1)
Shanjun, Shengyi, Tim
15. (1/30) Students' Presentation: Aggregate Demand in the Open Economy - Ch.12 of Mankiw (Part 2)
Gahyun, Seunghyun, Fuji
16: (2/6) Students' Presentation: Aggregate Supply - Ch.13 of Mankiw
Luiza, Amanda, Come, Pokky
17. (2/13) Report Due. No class meets.