Week/Date
|
Topic
|
Required Reading and Assignments
|
1/Sep. 4
|
A Tour of the world - Economic situations and crisis
|
Chapter 1-2, Output, unemployment and inflation
Focus on Real GDPpg 25
|
1/Sept 8
|
The goods market part 1
|
Chapter 3 - GDP composition,
Affects of confidence pg 55
|
2/Sep. 11
|
The goods market Part 2
|
Chapter 3 - GDP composition,
The paradox of saving pg 59
|
3/Sep. 18
|
Financial markets
|
Chapter 4 - Central banks purpose, pg 65 and 66.
|
3/Sep. 22
|
Macro economic Review on previous topics covered
|
Asking questions on economics components learnt.
|
4/Sep. 25
|
Macro economic concept review about diagrams discusses
|
Drawing diagrams supply, demand, money supply, interest rates.
|
5/Oct 2
|
National holiday
|
National holiday
|
5/Oct. 6
|
National holiday
|
National holiday
|
6/ Oct 9
|
Goods and Financial Markets The IS-LM Model
|
GDP composition, determining output, Deficit good or bad pg 97
|
7/Oct. 16
|
The labor market part 1
|
Overview of labor market
How unemployment moves over time.
|
7/Oct. 20
|
The labor market part 2
|
Labor market - wage and price determinations natural rate of unemployment
|
8/Oct. 23
|
Putting all markets together part 1
|
Aggregate supply relation (AS) and (AD)
|
9/ Oct. 30
|
Putting all markets together part 2
|
The effects of monetary policy, fiscal policy and price of oil. AS and AD.
|
9/Nov. 3
|
Phillips Curve, the natural rate of unemloyment and inflation part 1
|
How to work out the phillips curve, pg 170
|
10/Nov. 6
|
Phillips Curve, the natural rate of unemloyment and inflation part 2
|
Relationship between inflation and unemployment. Euro situation.
|
11/Nov. 13
|
The crisis part 1
|
Causes for a crisis - examples
|
11/Nov. 17
|
The crisis part 2
|
Responses by the government to different crisises and their results.
|
12/Nov. 20
|
The facts of growth part 1
|
Reasons for fast growth
|
13/Nov. 27
|
The facts of growth part 2
|
Policies and actions to achieve fast growth
|
13/Dec. 1
|
Saving, capital accumulation and output part 1
|
Saving vs consumption relationship
|
14/Dec. 4
|
Saving, capital accumulation and output part 2
|
Saving vs consumption, short vs long run difference
|
15/Dec. 11
|
Technological progress and growth part 1
|
Relationship between technology and growth
|
15/Dec. 15
|
Technological progress and growth part 2
|
Theories on developing growth
|
16/Dec. 18
|
Technologocial progress The short, mid and long run part 1
|
Relationship between previous topics and technology
|
17/Dec. 25
|
Group Project Demonstration
|
Preparing for the Demonstration
|
17/Dec. 29
|
Group Project Demonstration
|
Preparing for the Demonstration
|
18/Jan. 1
|
Technologocial progress The short, mid and long run part 2
|
Relationship between previous topics and technology
|
18/Jan 5
|
Review of previous topics covered
|
Review
|
|