Topic outline

  • General

    Lecturer:

    Mitri Kitti (mitri.kitti@aalto.fi)

    Teaching assistant:

    Hung Le

    Grading:

    Exam 60%, Exercises 30 %, Group presentation 10%

    you need 50 % of exercise point to gain right to take the exam

    Textbook:

    ”Macroeconomics: a European Text” by Burda and Wyplozs

    Chapters 7, 11-20


    Schedule (tentative):

    26.2. Lecture 1:
    Asset markets (Chapter 7)

    28.2. Lecture 2:
    Short-Run Equilibrium Part I (Chapter 11)

    4.3. Lecture 3:
    Short-Run Equilibrium Part II (IS-TR, Chapter 11)

    6.3. Lecture 4:
    International Capital Flows (Chapter 12)

    7.3. Exercise 1 TA session

    11.3. Problem Set 1Deadline

    11.3. Lecture 5:
    Output, Employment, and Inflation Part I (Chapter 13, Phillips Curve)

    13.3. Lecture 6:
    Aggregate Demand and Aggregate Supply Part I (Chapter 14)

    18.3. Lecture 7:
    Aggregate Demand and Aggregate Supply Part II (Chapter 14)

    20.3. Lecture 8:
    The Exchange Rate (Chapter 15)

    21.3. Exercise 2 TA session

    25.3. Problem Set 2 Deadline

    25.3. Lecture 9:
    Demand Management (Chapter 16)

    27.3. Lecture 10:
    Fiscal Policy, Debt, Seignorage (Chapter 17)

    8.4. Lecture 11:
    Policies for the Long Run (Chapter 18)

    10.4 Lecture 12:
    The Architecture of International Monetary System (Chapter 19)

    11.4 Exercise 3 TA session:

    13.4 Problem Set 3 Deadline

    15.4.-29.4. Exam

    20.5.-3.6. Retake