DE LA SALLE UNIVERSITY
Financial Management Department
RVR-College of Business
Course Code/Course Title
Type of Course
FMMACRO / Intermediate Macroeconomics
FINMAT2 and ECONTWO
Claro dG. Cordero, Jr.
1st Term, AY 2014-2015
This course deals with the analysis of overall behavior of the economy. It will strive to explain trends of fluctuations in important macroeconomic aggregates like output, employment and prices. It will also cover important theoretical underpinnings behind different paradigms in macroeconomics as in Keynesian and classical models. Using basic aggregate demand and aggregate supply framework, the course will explain the determination of equilibrium output, prices, interest rates under a closed economy and open economy model. It will use microeconomic foundations to explain behavior of macro variables like consumption, investment, government spending etc. Towards the end, special topics in financial markets and institutions will be discussed in the context of modern macroeconomics. Furthermore, this course will take a comprehensive look at the interplay between financial systems and macroeconomic performance. Particularly, it will look into the role financial systems play in generating macroeconomic volatility. II.
At the end of the course, the students should be able to do the following: Cognitive (Knowledge)
Identify the different macroeconomic models like the classical and Keynesian types; Differentiate between exogenous and endogenous variables in economic models; Explain the concept of open and closed macroeconomic models; Identify the aggregate demand and aggregate supply;
Explain the interaction of aggregate demand and aggregate supply and its connection to the money and goods markets;
Identify and explain the...
References: Sachs, J and F Larrain (1993): MACROECONOMICS IN THE GLOBAL ECONOMY, Prentice
Rudiger, D, F Stanley and S Richard (2000): MACROECONOMICS, Mc-Graw Hill Inc.
Blanchard, O (2005): MACROECONOMICS, Prentice Hall International, Inc., Third Edition.
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