Macroeconomics by Gregory Mankiw

Topics: Inflation, Keynesian economics, Macroeconomics Pages: 3 (592 words) Published: November 8, 2014
CHRIST UNIVERSITY
DEPARTMENT OF ECONOMICS

COURSE PLAN
[Even Semester – (2014-15)]

Subject: Macroeconomics
Code: BBM234
Class: II BBM A
Names of the Faculty : Santhosh Kumar P K
Hours/Week: 04
Credits: 04
Total No. of Hours: 60

Objectives:
It aims at providing a systematic introduction to mainstream approaches to the study of macro economics in the current century. It has been designed in such a way that it stimulates awareness on macroeconomic challenges and policy management in progressive nations. It also aims at developing the ability for objective reasoning about macroeconomic issues. Syllabus

Units
Topic- Break up
Hrs
Date
Teaching
Method
Assignments
Remarks

Unit 1
(10)
Measuring a Nation’s Income and Cost of Living

01

05th Nov – 20th Nov 2014

Lecture
Method

Case Study Analysis

1.1
Economy’s Income and Expenditure, Measurement of GDP, Components of GDP,

1.2
Real versus Nominal GDP- The GDP Deflator-The Consumer Price Index- Calculation of CPI- GDP deflator versus the CPI-

02

Lecture
Method

1.3
Correcting economic variables for the effects of inflation- Real and Nominal Interest rates;

02

Chalk Board
Explanation/ Discussion
Case Study Analysis

1.4
The limitations of using national income statistics

01

Lecture
Method
Written Assignment

Unit 2
(15)
Goods and Money Market

03

21st Nov – 17th Dec 2014

Chalk Board
Explanation/ Discussion

2.1
Saving and Investment in the National Income Accounts- The Market for Loanable Funds; Policy changes and impact on the market for loanable funds

2.2
Meaning and Functions of Money- Banks and Money Supply;

03

Chalk Board
Explanation/ Discussion
Objective Type Quiz through MOODLE

2.3
Money creation with 100 percent reserve banking and Fractional reserve banking- Central Bank tools of...

References: Course Text
1. N. Gregory Mankiw (2012), Principles of Macroeconomics, 6th Edition, Cengage Learning India.
Recommended Readings
1. D’Souza Errol, Macro Economics, New Delhi, Pearson Education, 2008.
2. Dornbusch Rudiger, Fischer Stanley and Startz Richard, Macroeconomics, New Delhi, TATA Mc Graw Hill, 2005.
3. Vaish M.C., Macro Economic Theory, 13th Edition, New Delhi, Vikas Publication., 2007.
4. Dwivedi D.N., Macro Economics – Theory and Policy, New Delhi, TATA McGraw Hill., 2007.
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