Macroeconomics: Modern Macroeconomics 1
                                                        Katsuya Takii
                                                               OSIPP
          Katsuya Takii (Institute)           Macroeconomics: Modern Macroeconomics 1                                         1 / 297
    Introduction
             Purpose: The Course is designed to help you understand the basic
             concepts and framework of modern macroeconomics. The theories
             are supplemented by relevant empirical evidence.
             O¢ ce hour: Room 602, 9:50-10:20, 12:15-12:45 on Monday.
             Appointment is required for other time.
             E-mail Address: takii@osipp.osaka-u.ac.jp
          Katsuya Takii (Institute)           Macroeconomics: Modern Macroeconomics 1                                         2 / 297
    Introduction
             Grading Policy: 42% on assignments and 58% on a …nal exam.
                 1   I will give you 7 assignments. Students must hand them in at the
                     following lecture. If students turn an assignment in by the due date, I
                     will give them 6 points. If students turn an assignment in late, I will
                     give them 3 points. If students submit all assignments, you will receive
                     42 points. Students must write their answers with a pen. I don’t
                     allow the typed answers for this assignment.
                 2   The full score of …nal exam is 58 points. I guarantee that 30 points
                     out of 58 points will come from the assignment. If you hand in all
                     assignments and you perfectly answer the questions appeared in
                     assignments, you can certainly receive B.
          Katsuya Takii (Institute)           Macroeconomics: Modern Macroeconomics 1                                         3 / 297
   Introduction
           Remarks:
               1   I assume that students have already taken Microeconomics 1.
               2   This course is comparable to the junior or senior undergraduate course
                   in the economics department.
               3   I will mainly teach this course in Japanese. However, I will not prevent
                   students from asking questions in English. I can discuss your questions
                   and comments in Japanese or English at my o¢ ce hour.
         Katsuya Takii (Institute)       Macroeconomics: Modern Macroeconomics 1                                  4 / 297