MACROECONOMICS Course objectives: The objectives are to provide students with foundations in macroeconomic analysis. The first part (part A, S1b) will concentrate on the National Economy whilst the second part (S2) will concentrate on the analysis of economic growth both long term (part B) and short term (part C). The latter will in particular deal with stabilisation policy, money and recent financial and economic crisis Course language: English Course Content: Tutorial Content References 1 Part A: the national economy (S1B) Introduction 2 Sloman, Wride, Garratt. The circular flow of income, 3 Measuring national income and output (calculating 4 GDP, three ways of measuring GDP, real GDP versus nominal GDP, per capita measure, PPP). 5 Is GDP a good standard of living indicator? 6 7 Part B: long term economic growth (S2) Long term growth trend. The function of production. 8 Capital accumulation and population growth Blanchard 9 Increase in the productivity of resources 10 (technological improvement). Accounting for the sources of economic growth. 11
MACROECONOMICS Course objectives: The objectives are to provide students with foundations in macroeconomic analysis. The first part (part A, S1b) will concentrate on the National Economy whilst the second part (S2) will concentrate on the analysis of economic growth both long term (part B) and short term (part C). The latter will in particular deal with stabilisation policy, money and recent financial and economic crisis Course language: English Course Content: Tutorial Content References 1 Part A: the national economy (S1B) Introduction The circular flow of income, Measuring national income and output (calculating GDP, three ways of measuring GDP, real GDP versus nominal GDP, per capita measure, PPP). Is GDP a good standard of living indicator? 2 Sloman, Wride, Garratt. 3 4 5 6 7 Part B: long term economic growth (S2) Long term growth trend. The function of production. Capital accumulation and population growth Increase in the productivity of resources (technological improvement). Accounting for the sources of economic growth. Blanchard 8 9 10 11
PREMIERS_PAS_A__DAUPHINE_-_uk_sans_noms_.docx