課程名稱 |
總體經濟學甲上 Macroeconomics (a)(Ⅰ) |
開課學期 |
110-1 |
授課對象 |
生物資源暨農學院 農業經濟學系 |
授課教師 |
石曜合 |
課號 |
AGEC2007 |
課程識別碼 |
607 264A1 |
班次 |
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學分 |
3.0 |
全/半年 |
全年 |
必/選修 |
必帶 |
上課時間 |
星期一3,4,5(10:20~13:10) |
上課地點 |
農經會議室 |
備註 |
總人數上限:30人 |
課程網頁 |
https://cool.ntu.edu.tw/courses/7620/assignments/syllabus |
課程簡介影片 |
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核心能力關聯 |
核心能力與課程規劃關聯圖 |
課程大綱
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課程概述 |
This course is designed to be "macroeconomics for agricultural economists (applied microeconomists)." Students interested in learning macroeconomics in a more comprehensive or traditional way are encouraged to consult with the instructor for potential alternative courses.
Teaching assistant: 徐嘉辰, r10627012@ntu.edu.tw |
課程目標 |
1) Understand the concepts, issues, and tools in macroeconomics that are necessary for applied microeconomists.
2) Develop critical thinking in current macroeconomic issues. |
課程要求 |
60% Homework
10% Mid-term interview
10% Final interview
20% Final project
Homework will be assigned as least biweekly and mostly can be submitted online. Assignments will NOT be accepted after the due date unless prior arrangements have been made with the instructor. You must contact the instructor through emails prior to the due date and time with an explanation as to why you request an extension. It will be up to the instructor's discretion to grant such extension. A similar policy holds for all exams and interviews.
For the final project, Students (in groups ≤ 4 persons) are required to complete one of the empirical projects from Doing Economics by the Core Econ Team. Due by the end of 2022/01/10.
Mid-term and final interviews are scheduled in the mid-term and final week. Students are invited to share their course experience and are expected to to showcase their independent thinking, problem solving skills, and understanding of the real world. Students can join the interview individually or in small group (< 4 persons).
Students are encouraged to work collaboratively for the assignments, while each student is required to submit the assignments individually. Students are encouraged to present their work of the assignment in class. Each presentation will add to the final score by 1 to 3 points, based on the quality of the presentation.
The instructor encourages feedback throughout the semester to make sure the course goals and students' expectations are being met. |
預期每週課後學習時數 |
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Office Hours |
另約時間 備註: By Email Appointment |
指定閱讀 |
Macroeconomics / N. Gregory Mankiw. 10th ed. 2019
The course will largely follow the textbook. Students are encouraged, although not required, to purchase the book.
Student can also get older edition of the book (although the 7th edition of newer is highly recommended) as well as the Chinese version.
The Economy / The CORE Team. https://www.core-econ.org/project/core-the-economy
Example and exercises from this online text will be provided as supplemental materials.
Doing Economics/ The CORE Team. https://www.core-econ.org/doing-economics/index.html |
參考書目 |
Macroeconomics / Andrew B. Abel, Ben S. Bernanke, Dean Croushore. 9th ed. 2017.
Macroeconomics / William Mitchell, L. Randall Wray, Martin Watts. 2019.
Macroeconomics in Ecological Context / Karl Seeley. 2017.
總體經濟學 / 賴景昌. 4th ed. 2018. |
評量方式 (僅供參考) |
No. |
項目 |
百分比 |
說明 |
1. |
Homework |
60% |
Homework will be assigned as least biweekly and mostly can be submitted online. Assignments will NOT be accepted after the due date unless prior arrangements have been made with the instructor. You must contact the instructor through emails prior to the due date and time with an explanation as to why you request an extension. It will be up to the instructor's discretion to grant such extension. |
2. |
Mid-term interview |
10% |
Students are invited to share their course experience and are expected to showcase their independent thinking, problem solving skills, and understanding of the real world. |
3. |
Final interview |
10% |
Students are invited to share their course experience and are expected to showcase their independent thinking, problem solving skills, and understanding of the real world. For students who do not participate in midterm interview, the final interview will account for 20% of the final grade. |
4. |
Final project |
20% |
For the final project, students are required to complete one of the empirical projects (4, 5, 8, 9, 10, or 12) from Doing Economics by the Core Econ Team. Due by the end of 2022/01/10. |
5. |
In-class participation |
0% |
Bonus up to 10% based on active participation in class |
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週次 |
日期 |
單元主題 |
第1週 |
09/27 |
(Online) Course overview: what macroeconomics studies and the data of macroeconomics |
第2週 |
10/04 |
(Online) An introduction to causal inferences for applied economists
Nakamura, E., & Steinsson, J. (2018). Identification in macroeconomics. Journal of Economic Perspectives, 32(3), 59-86.
https://www.thenewslens.com/article/119021
https://youtu.be/dVj7N_LuuSw?t=397 |
第3週 |
10/11 |
No Class (National Holiday) |
第4週 |
10/18 |
National income: the production and demand of goods and services
Microeconomics in macroeconomics: what determines consumption and investment
Alem, Y., & Colmer, J. (2021). Blame it on the rain: Rainfall variability, consumption smoothing, and subjective well‐being in rural Ethiopia. American Journal of Agricultural Economics. |
第5週 |
10/25 |
What is money and the role(s) of banks
Bernanke, B. S. (2020). The new tools of monetary policy. American Economic Review, 110(4), 943-83. |
第6週 |
11/01 |
The causes, effects, and social costs of inflation
Hazell, J., Herreno, J., Nakamura, E., & Steinsson, J. (2021). The slope of the Phillips Curve: evidence from US states. https://eml.berkeley.edu/~enakamura/papers/StateLevelCPIs.pdf
https://bcf.princeton.edu/events/emi-nakamura/ |
第7週 |
11/08 |
Macroeconomic policies and inequality
https://www.youtube.com/watch?v=kkNbitn9pVo
Amberg, N., Jansson, T., Klein, M., & Rogantini Picco, A. (2021). Five Facts about the Distributional Income Effects of Monetary Policy. American Economic Review: Insights
Coibion, O., Gorodnichenko, Y., & Koustas, D. (2021). Consumption inequality and the frequency of purchases. American Economic Journal: Macroeconomics, 13(4), 449-82.
Coibion, O., Gorodnichenko, Y., Kueng, L., & Silvia, J. (2017). Innocent Bystanders? Monetary policy and inequality. Journal of Monetary Economics, 88, 70-89. |
第8週 |
11/15 |
No Class (NTU 93st Anniversary) |
第9週 |
11/22 |
Mid-term Interview |
第10週 |
11/29 |
The open economy and exchange rates
陳虹宇, 吳聰敏, 李怡庭, 陳旭昇 (2021) 致富的特權:二十年來我們為央行政策付出的代價 |
第11週 |
12/06 |
The labor market and unemployment (1)
Cengiz, D., Dube, A., Lindner, A., & Zipperer, B. (2019). The effect of minimum wages on low-wage jobs. The Quarterly Journal of Economics, 134(3), 1405-1454.
https://causalinf.substack.com/p/three-minimum-wage-papers-walk-into
Pilossoph, L., & Wee, S. L. (2021). Household search and the marital wage premium. American Economic Journal: Macroeconomics, 13(4), 55-109. |
第12週 |
12/13 |
The labor market and unemployment (2)
Marinescu, I., & Skandalis, D. (2021). Unemployment insurance and job search behavior. The Quarterly Journal of Economics, 136(2), 887-931.
Gerard, F., & Naritomi, J. (2021). Job displacement insurance and (the lack of) consumption-smoothing. American Economic Review, 111(3), 899-942.
https://www.cnbc.com/2020/06/25/people-receiving-unemployment-benefits-are-more-likely-to-look-for-jobs.html |
第13週 |
12/20 |
Economic growth: capital accumulation and population growth
Beerli, A., Ruffner, J., Siegenthaler, M., & Peri, G. (2021). The abolition of immigration restrictions and the performance of firms and workers: evidence from Switzerland. American Economic Review, 111(3), 976-1012. |
第14週 |
12/27 |
Economic growth: technological progress and policies
Nakamura, E., & Steinsson, J. (2014). Fiscal stimulus in a monetary union: Evidence from US regions. American Economic Review, 104(3), 753-92.
https://www.youtube.com/watch?v=GXnHQo4nmug
Nakamura, E., & Steinsson, J. (2018). High-frequency identification of monetary non-neutrality: the information effect. The Quarterly Journal of Economics, 133(3), 1283-1330.
https://www.youtube.com/watch?v=srbcIgNXPVM |
第15週 |
01/03 |
Additional empirical macroeconomics
Albanesi, S. and Kim, J. (2021). Effects of the COVID-19 Recession on the US Labor Market: Occupation, Family, and Gender. Journal of Economic Perspectives, 35 (3): 3-24.
Chetty, R., Friedman, J. N., Hendren, N., & Stepner, M. (2020). The economic impacts of COVID-19: Evidence from a new public database built using private sector data (No. w27431). National Bureau of Economic Research. (https://opportunityinsights.org/paper/tracker/)
Känzig, D. R. (2021) The unequal economic consequences of carbon pricing. Working Paper. |
第16週 |
01/10 |
Final Interview |
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