This is an archived course. A more recent version may be available at ocw.mit.edu.

 

Readings

Textbooks

The text for the course is:

Buy at Amazon Abel, Andrew B., Ben S. Bernanke, and Dean Croushore. Macroeconomics. 6th ed. Upper Saddle River, NJ: Prentice Hall, 2007. ISBN: 9780321415547.

Readings by Session

IS-LM = Investment Saving-Liquidity preference Money supply

AS-AD = Aggregate Supply-Aggregate Demand

SES # TOPICS READINGS
L1 Introduction to macroeconomics Chapter 1
L2 Measuring macroeconomic variables Chapter 2
L3 Production Chapter 3
L4 Labor market Chapter 3 (cont.)
L5-L6 Consumption Chapter 4
L7 Investment Chapter 4 (cont.)
L8-L9 Growth Chapter 6
L10 Money Chapter 7
L11-L12 IS-LM model Chapter 9
L13 AS-AD model Chapter 9 (cont.)
L14 Classical business cycle Chapter 10
L15 Price and wage rigidity Chapter 11
L16-L17 Monetary policy Chapter 14
L18-L19 Fiscal policy Chapter 15
L20 Current crisis  
L21 Current policy debates  
L22 Open economy Chapter 5
L23 Policy in an open economy Chapter 13
L24 Global imbalances