General
Lecturer:
Mitri Kitti (mitri.kitti@aalto.fi)
Teaching assistant:
Hung Le (hung.h.le@aalto.fi)
Grading:
Exam 50%, Exercises 30 %, Peer reviews 10%, Group presentation 10%
Textbook:
”Macroeconomics: a European Text” by Burda and Wyplozs
Chapters 7, 11-20
Lecture schedule (tentative):
Lecture 1:
Asset markets (Chapter 7)
Lecture 2:
Short-Run Equilibrium Part I (Chapter 11)
Lecture 3:
Short-Run Equilibrium Part II (IS-TR, Chapter 11)
Lecture 4:
International Capital Flows (Chapter 12)
Lecture 5:
Output, Employment, and Inflation Part I (Chapter 13, Phillips Curve)
Lecture 6:
Aggregate Demand and Aggregate Supply Part I (Chapter 14)
Lecture 7:
Aggregate Demand and Aggregate Supply Part II (Chapter 14)
Lecture 8:
The Exchange Rate (Chapter 15)
Lecture 9:
Demand Management (Chapter 16)
Lecture 10:
Fiscal Policy, Debt, Seignorage (Chapter 17)
Lecture 11:
Policies for the Long Run (Chapter 18)
Lecture 12:
The Architecture of International Monetary System (Chapter 19)