Since the students in the current batch did not have an opportunity to study Macroeconomics earlier, the main course will be preceded by a foundation course “Principles of Macroeconomics” by N G Mankiw 3ed. The students are also required to undertake assignments based on some of the current issues in macroeconomics as project work. The course structure for the 2011 Winter semester is as follows.
Stage-1: Foundation in Macroeconomics (2 weeks- Intensive)
Suggested Readings:
Principles of Economics, N G mankiw 3 ed (all Chapters)
Stage-2: Advanced Macroeconomics (10 Weeks-Intensive)
Suggested Readings:
Macroeconomics, N. G Mankiw 5 ed (All Chapters)
Advanced Macroeconomics, David Romer (Selected Chapters)
Course Outline for Macroeconomics-I
Classical Models
Dynamic Optimization Tools
Growth Theory
Business Cycles and Fiscal Policy
Unemployment
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