MACROECONOMICS 1 - SPRING 2011


Lecture Notes
  • Lecture 1, 25.02.2011, 8:30-10:00 a.m./10:05-11:50 a.m., Lecture Room P1 (Citi Hall)
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    Lecture 1: Introduction to Macroeconomics: Nation's Income and Living Standard Dynamics (Mankiw, Ch. 23-24) - Slides_L1
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    Tutorial Session 1: quizzes on chapter 23-24 - quiz 1 , quiz 2
  • Lecture 2, 04.03.2011, 8:30-10:00 a.m./10:05-11:50 a.m., Lecture Room P1 (Citi Hall)
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    Lecture 2: Production and Growth (Mankiw/Taylor, Ch. 25) - Slides_L2
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    Tutorial Session 2: quizzes on chapters 23-25 quiz 3 , quiz 4
  • Lecture 3, 11.03.2011, 8:30-10:00 a.m./10:05-11:50 a.m., Lecture Room P1 (Citi Hall)
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    Lecture 3: Saving, Investment and the Financial System (Mankiw, Ch. 26-27) - Slides_L3
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    Tutorial Session 3: quizzes on chapters 25-27 quiz 5 , quiz 6
  • Lecture 4, 18.03.2011, 8:30-10:00 a.m./10:05-11:50 a.m., Lecture Room P1 (Citi Hall)
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    Lecture 4: Unemployment and Its Natural Rate (Mankiw, Ch. 28) - Slides_L4
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    Tutorial Session 4: quizzes on chapters 26-28 quiz 7 , quiz 8
  • Lecture 5, 25.03.2011, 8:30-10:00 a.m./10:05-11:50 a.m., Lecture Room P1 (Citi Hall)
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    Lecture 5: Monetary System and Inflation (Mankiw, Ch. 29-30) - Slides_L5
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    Tutorial Session 5: quizzes on chapters 28-30 quiz 9 , quiz 10
  • Lecture 6, 01.04.2011, 8:30-10:00 a.m./10:05-11:50 a.m., Lecture Room P1 (Citi Hall)
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    Lecture 6: Open-Economy Macroeconomics (Mankiw, Ch. 31-32) - Slides_L6
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    Tutorial Session 6: quizzes on chapters 29-32 quiz 11 , quiz 12
  • Lecture 7, 08.04.2011, 8:30-10:00 a.m./10:05-11:50 a.m., Lecture Room P1 (Citi Hall)
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    Lecture 7: The Financial Crisis of 2007-2009 (Mankiw, Ch. 36-37) - Slides_L7
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    Tutorial Session 7: Midterm Exam on chapters 23-32 TEST A , TEST B
  • Lecture 8, 15.04.2011, 8:30-10:00 a.m./10:05-11:50 a.m., Lecture Room P1 (Citi Hall)
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    Lecture 8: Aggregate Demand and Aggregate Supply (Mankiw, Ch. 33) - Slides_L8
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    Tutorial Session 8: quizzes on chapters 31-33
  • Lecture 9, 22.04.2011, 8:30-10:00 a.m./10:05-11:50 a.m., Lecture Room P1 (Citi Hall)
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    Lecture 9: The Influence of Fiscal and Monetary Policy on Aggregate Demand (Mankiw, Ch. 34) - Slides_L9
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    Tutorial Session 9: quizzes on chapters 33-34
  • Lecture 10, 29.04.2011, 8:30-10:00 a.m./10:05-11:50 a.m., Lecture Room P1 (Citi Hall)
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    Lecture 10: The Short-run Trade-off Between Inflation and Unemployment (Mankiw, Ch. 35) - Slides_L10
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    Tutorial Session 10: quizzes on chapters 34-35
  • Lecture 11, 06.05.2011, 8:30-10:00 a.m./10:05-11:50 a.m., Lecture Room P1 (Citi Hall)
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    Lecture 11: Common Currency Areas and European Monetary Union (Mankiw, Ch. 38) - Slides_L11
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    Tutorial Session 11: quizzes on chapters 35, 38
  • Lecture 12, 13.05.2011, 8:30-10:00 a.m., Lecture Room P1 (Citi Hall)
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    Lecture 11: Five Debates over Macroeconomic Policy (Mankiw, Ch. 39) - Slides_L12
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    Tutorial Session 12: Preliminary Final Exam 1 chapters 23-38


    Homework Assignments

    Written Exam Information
    • Midterm Exam: 08.04.2011, 10:30-11:30 a.m. - 10 fill-the-gaps, 20 multiple choice questions on Mankiw/Taylor(2010), Chapters: 23-32;
      online student resources: Multiple choice questions, Glossary of key terms (5th edition)

      Midterm Exam (08.04.2011) test A , test B
      Performance statistics: Min: 7; Max: 26; Mean: 17.11; distribution

    • Final Exam: 27.05.2011, 10:00-11:30 a.m., Lecture Room P1 (Citi Hall) - 10 fill-the-gaps, 10 true/false, 30 multiple choice questions on Mankiw, Chapters: 23-38
      Preliminary dates: 13.05./20.05.2011, 10:00-11:30 a.m.

      Final Exam 1 (13.05.2011) test A , test B
      Performance statistics: Min: 15; Max: 42; Average: 32.2; distribution