University of the Philippines SCHOOL OF ECONOMICS Econ 100.

1: Macroeconomic theory and policy Syllabus and reading list E. de Dios/J. Abesamis/ I. Arellano/P. Libre I.2013-2014 [H]e visto siempre que la prosperidad miseria de los pueblos estn en razn directa de sus libertades preocupaciones, y por consiguiente de los sacrificios egoismo de sus antepasados. Crisostomo Ibarra in Rizals Noli References Mankiw, N. G. [2009] Macroeconomics. 7.ed. New York: Worth Sicat, G. [2004] Economics. Quezon City: Anvil Publishing. (esp v. 2). Helpman, E. [2004] The mystery of economic growth. Cambridge, MA: Belknap Press of Harvard University. Class notes and other supplementary reading material will be made available at the Reserve Section of the UPSE Library as well as on the class group-site: http://groups.yahoo.com/group/econ_imgrossen, Useful commentaries regarding current topics can also to be found at http://www.econ.upd.edu.ph/perse. 1. Introduction Mankiw Ch. 1 2. Macroeconomic data and national-income accounting Mankiw Ch. 2 3. Production and income in the long run Mankiw Ch. 3 4. Money in the long run Mankiw Ch. 4 5. The open economy Mankiw Ch. 5 6. The economy in the short run Mankiw Ch. 9 7. Money, interest rates, and aggregate demand Mankiw Chs. 10, 11, 17, 18 8. Aggregate demand in the open economy Mankiw Ch. 12, 13 9. Policy tradeoffs and dynamic aggregate supply Mankiw, Ch. 13, 14, 15 10. Economic growth Mankiw Chs. 7, 8. Helpman, Chs. 2, 3, 4. 6, 7 House rules: There will be four (4) examinations of 50 questions each. A total score of 120 points is needed to pass the course. Points for assigned class work will be credited towards the total obtained.