宏观经济学 课程教学大纲

1、宏观经济学（Macroeconomics ）课程编号：F0102041S学 分：3开课学院： 管理学院课内学时： 48课程类别：专业基础课课程性质： 必修一、课程的性质和目的Macroeconomics is a course that studies the behavior of economy, and is also the basic course of economics and management major. It will make students master the basic theoretical framework of macroeconomics, the

2、use of tools and methods of macroeconomic analysis. Through studying this course, the students can give the theoretical explanation to the macroeconomic problem and have a better understanding about Chinas economy running.二、课程教学内容及基本要求（一）课程教学内容及知识模块顺序1Knowledge unit 1: Introduction (2 hours)（1） Know

3、ledge point 1:Economics: Micro and Macro（2） Knowledge point 2:Normative Economics versus Positive Economics（3） Knowledge point 3:The major Macroeconomic Issues（4） Knowledge point 4:Macroeconomic PolicyRequirements:Understanding the difference between micro and macro economics, and the difference bet

4、ween positive and normative; knowing six major economic issues that macroeconomists study and three major types of macroeconomic policy. 2Knowledge unit 2：Measuring Economic Activity: GDP and Unemployment （4hours） （1）knowledge point 1: Gross Domestic Product: Measuring the Nations Output（2）knowledge

5、 point 2: The Expenditure Method for Measuring GDP（3）knowledge point 3: GDP and the Incomes of Capital and Labor（4）Knowledge point 4:Nominal GDP versus Real GDP, Non-market Economic Activities（5）Knowledge point 5:Measuring Unemployment, The Costs of Unemployment, Requirements:Understanding the defin

6、ition of GDP, the three methods of calculating GDP, the difference between nominal and real GDP, unemployment and participation rates;knowing the relationship between GDP and economic well-being. 3Knowledge unit3: Measuring the Price Level and Inflation ( 4hours） （1）knowledge point 1:The Consumer Pr

7、ice Index （2）knowledge point 2: Inflation（3）knowledge point 3: The Costs of Inflation（4）Knowledge point 4:Inflation and Interest RatesRequirements:Understanding inflation, deflation and the consumer price index;knowing how the CPI is measured;understanding the five costs of inflation, hyperinflation

8、 and its effects;grasping the relationship between the inflation rate and interest rates. 4Knowledge unit 4: Economic Growth, Productivity, and Living Standards（4hours）（1）knowledge point 1: The Remarkable Rise in Living Standards（2）knowledge point 2: The Crucial Role of Average Labor Productivity（3）

9、knowledge point 3: The Determinants of Average Labor Productivity（4）knowledge point 4: The Costs of Economic Growth （5）knowledge point 5: Promoting Economic GrowthRequirements: Understanding the relationship between per capita real GDP and average labor productivity; grasping the determinants of ave

10、rage labor productivity;knowing the costs of economic growth and the possible government policies to promote economic growth;understanding the relationship between pollution and real GDP per capita.5.Knowledge unit 5: Workers, Wages, and Unemployment in the Modern Economy（4hours） （1）knowledge point

11、1: Five Important Labor Market Trends （2）knowledge point 2: Supply and Demand in the Labor Market（3）knowledge point 3: Explaining the Trends in Real Wages and Employment（4）knowledge point 4: Unemployment Requirements:Understanding the value of marginal product of labor and its relationship to labor

12、demand;knowing factors that shift the labor demand curve and factors that shift the labor supply curve;grasping frictional, structural, and cyclical unemployment;knowing the impediments to full employment .6Knowledge unit 6: Saving and Capital Formation(5hours) （1）knowledge point 1: Saving and Wealt

13、h （2）knowledge point 2: Saving, Self-Control, and Demonstration Effects （3）knowledge point 3: National Saving and Its Components （4）knowledge point 4: Investment and Capital FormationRequirements: Understanding three reasons for saving and the real interest rate;understanding national saving,private

14、 saving and public saving;grasping government budget deficit/surplus and the relationship between them;grasping supply and demand to analyze national saving;knowing crowding out effects.7. Knowledge unit 7: Money, Prices, and the Federal Reserve（4hours）（1）knowledge point 1: Money and Its Uses （2）kno

15、wledge point 2: Commercial Banks and the Creation of Money（3）knowledge point 3: The Federal Reserve System（4）knowledge point 4: Money and PricesRequirements: Understanding three functions of money,M1 and M2;understanding open market operations, the discount rate and reserve requirement;understanding

16、 the Fed's role in stabilizing financial markets;grasping the relationship between money and prices and the quantity equation.8Knowledge unit 8: Short-term Economic Fluctuations （5hours） （1）knowledge point 1: Recessions and Expansions （2）knowledge point 2: Output Gaps and Cyclical Unemployment （

17、3）knowledge point 3: Okun's LawRequirements: Understanding unemployment and inflation patterns;grasping potential output, output gap, recessionary gap, and expansionary gap;knowing the causes of output gaps,the natural rate of unemployment and its relationship to cyclical unemployment;grasping O

18、kun's Law, and the effect of cyclical unemployment on the output gap;how price changes eliminate output gaps in the long run.9Knowledge unit 9: Spending and Output in the Short-Run（5hours） （1）knowledge point 1: The Keynesian Models Crucial Assumption （2）knowledge point 2: Stabilizing Planned Spe

19、nding: The Role of Fiscal Policy（3）knowledge point 3: Fiscal Policy as a Stabilization Too: Three Qualifications Requirements:Grasping the two key assumptions of the basic Keynesian model;understanding menu costs, planned aggregate expenditures and autonomous and induced aggregate demand;grasping th

20、e consumption function and short-run equilibrium output;understanding the income-expenditure multiplier,stabilization policy and automatic stabilizers;grasping the effects of government purchases, transfer payments and taxes on short-run equilibrium output. 10Knowledge unit 10: Stabilizing the Econo

21、my: The Role of the Fed（5hours） （1）knowledge point 1: The Demand for Money （2）knowledge point 2:The Money Demand Curve, The Supply of Money and Money Market Equilibrium（3）knowledge point 3: Monetary Policy Tools（4）knowledge point 4: The Effects of Federal Reserve Actions on the Economy Requirements:

22、 Grasping the demand for money and the money demand curve; understanding the factors that affect the demand for money, money market equilibrium;grasping how monetary policy is used to control nominal interest rates;understanding expansionary and contractionary monetary policy and how the Fed would i

23、mplement each;grasping Fed's policy reaction function,the Taylor Rule. 11Knowledge unit 11: Inflation , Aggregate Supply and Demand （6hours） （1）knowledge point 1: Reducing High Inflation （2）knowledge point 2:Responding to shocks in aggregate demand and aggregate supply（3）knowledge point 3: The C

24、ore Rate of Inflation（4）knowledge point 4: Inflationary Expectations and Credibility Requirements: Grasping the AD-AS model, short-run and long-run equilibrium; grasping how to use AD/AS graphs to analyze output and inflation; understanding aggregate supply shock, inflation shock, and the shock to p

25、otential output; knowing the sources of inflation; knowing the causes of inflation inertia, the self-correcting tendency of the economy; understanding the effects of monetary tightening in the short run and long run.（二）课程的重点、难点及解决办法The key points of this course include two basic macroeconomic models

26、, Keynesian Model and AD-AS model. The key content of the course is the long-term and short-term equilibrium analysis of the macro economy. For students short-term analysis is especially more abstract and more difficult to understand.The difficult points in this course are as follows: the concept of

27、 planned aggregate expenditure, short- term and long-term equilibrium output, etc. Its not easy for students to understand that a countrys short-term output depends on the aggregate demand. To make all these knowledge points understood easier, the method of equilibrium analysis with graphs is a good

28、 choice in teaching, together with cases studies and logic reasoning process.三、实验实践环节及基本要求 None四、本课程与其它课程的联系与分工The prerequisite courses: Microeconomics Microeconomics introduces some fundamental concepts, such as the demand and supply curves, Cost-Benefit Principle, etc. Macroeconomics is the founda

29、tion of many other economics courses, for example, International Economics and Finance.五、对学生能力培养的要求By learning this course, students are expected to be equipped with the ability on comprehensive understanding and analyzing of a countrys macroeconomic running, the ability on practicing and self-learning, and the ability on speaking and listening in English.六、课程学时分配Total 48 hours, including lectures