MACROECONOMICS dr hab. Marek Szczepański, prof. PP.

Slides:

Advertisements

Similar presentations

IN THIS CHAPTER, YOU WILL LEARN:

Advertisements

Chapter 1 Introduction.

© 2008 Pearson Addison-Wesley. All rights reserved Introduction to Macroeconomics Chapter 1.

Measuring GDP and Economic Growth Chapter 1 Instructor: MELTEM INCE

Ch 1: The Science of Macroeconomics Macroeconomics (2007) By Gregory Mankiw 6th edition.

Macroeconomics CHAPTER 6 Macroeconomics: The Big Picture PowerPoint® Slides by Can Erbil © 2005 Worth Publishers, all rights reserved.

Putting it all together…

Macroeconomics unit What you should know by now. You should be able to : Define the following: Gross Domestic Product (GDP) & the 4 components Unemployment.

Chapter 12. Aggregate Demand and Aggregate Supply Link to syllabus Skip “Why the AD Curve is Downward Sloping;’ pp and Figures 12-2, 12-3.

 The McGraw-Hill Companies, Inc., 1999 INVESTMENTS Fourth Edition Bodie Kane Marcus Irwin/McGraw-Hill 17-1 Macroeconomic and Industry Analysis Chapter.

DR. PETROS KOSMAS LECTURER VARNA FREE UNIVERSITY ACADEMIC YEAR LECTURE 8 MICROECONOMICS AND MACROECONOMICS ECO-1067.

Chapter 1 Introduction and Measurement Issues Copyright © 2014 Pearson Education, Inc.

The Economy in the Short-Run

Mr. Sloan Riverside Brookfield High school.  2 Hours and 10 Minutes Long  Section 1-Multiple Choice ◦ 70 Minutes Long ◦ Worth 2/3 of the Score  Section.

Module 35 May  According to the classical model of the price level, the aggregate supply curve is vertical even in the short run.  Business cycle.

Where You Are!  Economics 305 – Macroeconomic Theory  M, W and Ffrom 12:00pm to 12:50pm  Text: Gregory Mankiw: Macroeconomics, Worth, 9 th, 8 th edition,

Module 44 Exchange Rates and Macroeconomic Policy

MACROECONOMICS dr hab. Marek Szczepański. Plan of the course Introduction - the economic problem Tools of economic analysis, main indicators Demand, supply.

CHAPTER 34 The Making of Modern Macroeconomics PowerPoint® Slides by Can Erbil © 2005 Worth Publishers, all rights reserved.

Chapter 23 An Introduction to Macroeconomics McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved.

IN THIS CHAPTER, YOU WILL LEARN:

CHAPTER 27 Aggregate Supply and Aggregate Demand PowerPoint® Slides by Can Erbil © 2005 Worth Publishers, all rights reserved.

Essentials of Investments © 2001 The McGraw-Hill Companies, Inc. All rights reserved. Fourth Edition Irwin / McGraw-Hill Bodie Kane Marcus 1 Chapter 12.

Chapter 6 Macroeconomics the Big Picture 12-1 Copyright  2008 by The McGraw-Hill Companies, Inc. All rights reserved.

Tutorial 1 Introduction to Economics 1. LEARNING OUTCOMES The term “economy” 2. Difference between microeconomics and macroeconomics; 3.The three basic.

MACROECONOMICS © 2014 Worth Publishers, all rights reserved PowerPoint ® Slides by Ron Cronovich N. Gregory Mankiw Fall 2013 update The Science of Macroeconomics.

MGMT 510 – Macroeconomics for Managers Presented By: Prof. Dr. Serhan Çiftçioğlu.

Aggregate Supply  Features of Macroeconomic performance: 1. Growth potential GDP. 2. Inflation. 3. Business cycle fluctuation.  Aggregate Supply Fundamental.

Macroeconomics fifth edition N. Gregory Mankiw PowerPoint ® Slides by Ron Cronovich CHAPTER ONE The Science of Macroeconomics macro © 2002 Worth Publishers,

Monetary Policy and Interest Rates. Expansionary Policy The Federal Reserve tries to reduce unemployment by: – Buying bonds (open market transactions)

Thoroughly Modern Marx Leo Panitch Foreign Policy May/June 2009.

06 An Introduction to Macroeconomics. McGraw-Hill/Irwin Copyright © 2012 by The McGraw-Hill Companies, Inc. All rights reserved.

Module Economic Growth in Macroeconomic Models KRUGMAN'S MACROECONOMICS for AP* 40 Margaret Ray and David Anderson.

Macroeconomics. Chapter One Introduction Macroeconomics : 1. Definition - macroeconomics is concerned with the behavior of the economy as a whole-----booms.

Effectiveness and Limitations of Economic Policies  Chapter 18 is excellent summary of Topic 3 and Topic 4.

Unit 4 The Big Picture And Tracking the Macroeconomy

AP Macroeconomics Macroeconomics & Circular Flow of the Economy.

Chapter 6 Introduction to Macroeconomics McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved.

CHAPTER 1 The Science of Macroeconomics slide 0 About the Class The objective of the course is to:  Develop an analytical framework to  explain growth,

Chapter Four The Economic Environments Facing Businesses International Business Part Two Comparative Environmental Frameworks.

Macroeconomics fifth edition N. Gregory Mankiw PowerPoint ® Slides by Ron Cronovich CHAPTER NINE Introduction to Economic Fluctuations macro © 2002 Worth.

Module 6 MODERN ECONOMIC THEORIES FISCAL AND MONETARY POLICIES Mrs. Dannie G. McKee Sevenstar Academy July 2013 Resource: Paul.

AQA Economics Unit 4 The National and International Economy.

Macroeconomics CHAPTER 7 Tracking the Macroeconomy PowerPoint® Slides by Can Erbil © 2005 Worth Publishers, all rights reserved.

Class Business Upcoming Debate. Valuation Assignment Free-Cash Flow Valuation of Target (TGT) Graded portions – Pro forma projections (Wednesday, 5/25)

1 of 40 WHAT YOU WILL LEARN IN THIS CHAPTER chapter: 22 >> Krugman/Wells ©2009  Worth Publishers Macroeconomics: The Big Picture.

Module Introduction to Macroeconomics KRUGMAN'S MACROECONOMICS for AP* 2 Margaret Ray and David Anderson.

Module Money, Output, and Prices in the Long Run KRUGMAN'S MACROECONOMICS for AP* 32 Margaret Ray and David Anderson.

Macroeconomic Theory Prof. M. El-Sakka CBA. Kuwait University Macroeconomic Theory Introduction.

Unit 2 Glossary. Macroeconomics The study of issues that effect economies as a whole.

1 The Science of Macroeconomics.

Where You Are! Economics 305 – Macroeconomic Theory

ECO 11 Introduction to Macroeconomics

Why Study Financial Markets?

Microeconomics VS Macroeconomics

dr hab. Marek Szczepański

An Introduction to Macroeconomics

Macroeconomic 2.3.

Module Exchange Rates and Macroeconomic Policy

Exchange Rates and Macroeconomic Policy

An Introduction to Macroeconomics

Prof. R. Michelfelder, Ph.D. Fall 2016 Outline 1

CHAPTER 1 INTRODUCTION TO MACROECONOMIC

Pima Medical Institute Online Education

Pima Medical Institute Online Education

Chapter Four The Economic Environments Facing Businesses

Chapter 1 Introduction.

Presentation transcript:

MACROECONOMICS dr hab. Marek Szczepański, prof. PP

Plan of the course Introduction - the economic problem Measuring the value of economic activity National income – its sources, determinants and distribution Money and inflation Unemployment Long-run economic growth Business cycles: the economy in short run Aggregate demnad (IS-LM Model) Aggregate Supply and the short-run trade –off between inflation and unemployment Stabilization policy (fiscal and monetary policy) Open- economy macroeconomics Money and banking Interantional trade, European integration and globalization The main macroeconomic theories and current discussions

Exercises 1.Measuring the cost of living: the Consumer Price Index (an international comparison) 2.Measuring joblessness: the unemployment rate (international comparison) 3.The decisions facing the competitive firm 4. Consumtion and investment (an international comparison) 5.Economic growth in Poland and other post-socialist countries since 2004 (an international comparison) 6.Economic growth and its drivers in the USA and EU Memeber states (an international comparison) 7.Globalisation of financial markets – pros and cons (global financial crisis ) 8.Macroeconomic policy debates: liberal and neoliberał theories (M.Friedman, F.Hayek) vs Keynsian theory and concepts of J.K.Galbreith and G.Myrdal)

Literature 1.P. Krugman, R. Wells, Macroeconomics, Second Edition, Worth Publishers, New York D. Begg, S. Fisher, R. Dornbusch, Economics, 8th Edition, McGraw-Hill Companies, London, New York N.G.Mankiw, Macroeconomis, Worth Publishers, New York 2010 Free download: ftp://dge.stanford.edu/pub/vineety/rup/N.%20Gregory%20Mankiw %20Macroeconomics,%207th%20edition% pdf 4. Polish edition: N.G.Mankiw, M.P.Taylor, Makroekonomia, PWE, Warszawa E.Skawińska, K.Sobiech, K.Nawrot, Makroekonomia, PWE, Warszawa 2008.