1. COURSE OBJECTIVES
This course is to equip students with an advanced level of understanding regarding macroeconomic issues. Topics of the course include equilibrium model in closed economy, open economy, neoclassical growth model, endogenous growth model, business cycle, consumption and investment. The course also introduces students to micro-optimization tools used in modern macroeconomics such as consumption model, money demand model. After completing the course, students can analyze and evaluate the fluctuations of the economy in both short term and long term.
2. COURSE CONTENTS
|
No. |
Contents |
Time Allocation |
Contribution to CLO |
|||
|
Hour(s) on the class |
Essays, exercise, Assignments… (3) |
Self-study with teacher’s tutorials (4) |
||||
|
Lecture (1) |
Practice, Seminar… (2) |
|||||
|
1 |
Chapter 1 Revision of Principles of Macroeconomics and Introduction to Intermediate Macroeconomics |
3 |
0 |
1.5 |
5.5 |
1 |
|
2 |
Chapter 1 Revision of Principles of Macroeconomics and Introduction to Intermediate Macroeconomics (cont.) |
3 |
0 |
1.5 |
5.5 |
1 |
|
3 |
Chapter 2: IS-LM model and Aggregate Demand in a closed economy |
3 |
0 |
1.5 |
5.5 |
1,3,4 |
|
4 |
Chapter 2: IS-LM model and Aggregate Demand in a closed economy (cont.) |
3 |
0 |
1.5 |
5.5 |
1,3,4 |
|
5 |
Chapter 3: Mundell-Fleming model and AD in an open economy |
3 |
0 |
1.5 |
5.5 |
1,3,4 |
|
6 |
Chapter 3: Mundell-Fleming model and AD in an open economy (cont.) |
3 |
0 |
1.5 |
5.5 |
1,3,4 |
|
7 |
Chapter 4 AS and Phillips curve |
3 |
0 |
1.5 |
5.5 |
1,3,4,5 |
|
8 |
Mid-term test/Presentation |
3 |
0 |
1.5 |
5.5 |
1,2,3,4,8,9 |
|
9 |
Chapter 5 Theories of consumption |
3 |
0 |
1.5 |
5.5 |
2,4,5,6 |
|
10 |
Chapter 5 Theories of consumption (cont.) |
3 |
0 |
1.5 |
5.5 |
2,4,5,6 |
|
11 |
Chapter 6 Neoclassical theory of business fixed investment |
3 |
0 |
1.5 |
5.5 |
2,4,5,6 |
|
12 |
Chapter 7 Theories of money demand |
3 |
0 |
1.5 |
5.5 |
2,4,5,6 |
|
13 |
Chapter 8 Economic growth models |
3 |
0 |
1.5 |
5.5 |
1,3,4,5,7 |
|
14 |
Chapter 8 Economic growth models (cont.) |
3 |
0 |
1.5 |
5.5 |
2,4,5,6,8 |
|
15 |
Chapter 9 Macroeconomic policy debates |
3 |
0 |
1.5 |
5.5 |
4,5,6,8,9 |
|
Total (hour) |
45 |
0 |
22.5 |
82.5 |
||
3. COURSE ASSESSMENT
– Score ladder: 10
– Type of assessment
|
Form |
Content |
Criteria |
CLO |
Proportion |
|
|
Formative |
Attendance |
Attendance check list, answer the questions in class |
The number of attendances and participation in lesson |
8,9 |
10% |
|
Midterm test/Presentation |
Knowledge from chapter 1 to 4
|
MCQ or MCQ combined short essay (45 – 60 mins) or Presentation |
1,2,3,4,8,9 |
30% |
|
|
Summative |
Final test |
All chapters studied |
MCQ combined short essay (60 mins) |
2,3,4,5,8,9 |
60% |
|
|
|
|
Total: |
100% |
|