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COURSE INFORMATION FOR CURRENT

SEMESTER/TERM

Academic Session

2015/16

Semester/Term

Course Code

EXGA6121

Course Title

ADVANCED MACROECONOMICS

Credit

Medium of Instruction

ENGLISH

Course Pre-requisite(s)/
Minimum Requirement(s)

NONE

Main Reference

1. Romer, David. ( 2012 ) Advanced Macroeconomics. New York,


McGraw Hill.
2. Blanchard, O. And Fisher, S. ( 1989 ) Lectures on Macroeconomics,
Cambridge, Massachusetts : MIT.
3. Sorensen,P.B. and H.J.Whitta-Jacobsen ( 2005 ), Introduction to
Advanced Macroeconomics, United Kingdom: McGraw Hill.

Teaching Materials/
Equipment

Reference books and lecture notes, PowerPoint.

Learning Strategies

Refer to Course Pro Forma (Form 7)

Student Learning Time

160 hours
Face to face: 42
Guided learning: 60
Independent learning: 56
Assessment: 2
(Refer to Form 6: Student Learning Time)

Soft Skills

Communication Skills, Critical Thinking and Problem Solving Skills


(Refer to Soft Skills matrix)

Lecturer

Associate Prof. Dr. Yap Su Fei

Room

C38

Telephone/e-mail

g1sufei@yahoo.com / g2yss@um.edu.my

Lecture Session:
Day/Time
Venue

Wednesday, 6-9 pm
BSP 0-1

Tutorial/Practical Session:
Day/Time
Venue
Important Dates
(e.g: test, final examination,
quiz etc.)

Test :
Examination :
Submission dates for assignments 1 and 2 / Seminar dates

UM-PT01-PK03-BR004(BI)-S04

COURSE INFORMATION FOR CURRENT


SEMESTER/TERM

UM-PT01-PK03-BR004(BI)-S04

COURSE INFORMATION FOR CURRENT


SEMESTER/TERM
Teaching Schedule
Week

Lecture/Tutorial/Assignment Topic

References/Teaching
Materials/Equipment

Solow model and Growth Theory

1) Romer Chap 1
2) Solow (1956) A Contribution to the
theory of economic growth, Quaterly J of
Economics 70 ( Feb) pp 65-94

IInfinite Horizon Model: Ramsey, Cass dan


Koopmans Model

1)Blanchard and Fisher Chap 2


2)Romer Chap 2
3)Lucas ( 1988 ) Mechanics of Economic
Developmnent, J of Monetary
Economics, pp 3-42

IInfinite Horizon Model: Ramsey, Cass dan


Koopmans Model

1)Blanchard and Fisher Chap 2


2)Romer Chap 2
3)Lucas ( 1988 ) Mechanics of Economic
Developmnent, J of Monetary
Economics, pp 3-42

Overlapping Generations Model

1)Romer Chap 2
2) Diamond, P. National Dev in a NeoClassical Growth model, American
Economic Review, pp 533-544

Overlapping Generations Model

1)Romer Chap 2
2) Diamond, P. National Dev in a NeoClassical Growth model, American
Economic Review, pp 533-544

Real Business Cycle Model

1)Lilien, D.(1982), Sectoral Shifts and


Cyclical Unemployment, J of Political
Economy, pp 777-793
2)Romer Chap 4

3) Kydland and Prescott ( 1982 )


Time to Build and Aggregate
Fluctuations, Econometrica, pp
1345-1370
6

7 and 8

Real Business Cycle Model

1)Lilien, D.(1982), Sectoral Shifts and


Cyclical Unemployment, J of Political
Economy, pp 777-793
2)Romer Chap 4
3) Kydland and Prescott ( 1982 ) Time to
Build and Aggregate Fluctuations,
Econometrica, pp 1345-1370

Theories of Fluctuation : Traditional Keynesian

1)Barro,R. and Grossman, H. ( 1971) A


Disequilibrium Model of Income and

UM-PT01-PK03-BR004(BI)-S04

COURSE INFORMATION FOR CURRENT


SEMESTER/TERM
Unemployment, American Economic
Review, pp 82-93
2)Romer Chap 5
9

Contemporary Equilibrium Models and


Microeconomic Foundations

1)Romer Chap 6
2)Blanchard and Kiyotaki ( 1987 )
Monopolistic competition and the effects
of aggregate demand, American
Economic Review pp 647-660
3)Taylor, J.B. ( 1978 ) Staggered wage
setting in a macromodel , American
Economic Review 69, May pp 108-113

10

Consumption

1)Blanchard and Fisher Chap 2


2) Romer Chap 7
3) Hall, R. (1978) Stochastic Implications
of the Life Cycle Hypothesis: Theory and
Evidence, J of Political Economy pp 971987

11

Investment

1)Romer Chap 8
2)Blanchard and Fisher Chap 4

12

Monetary

1)Romer Chap 9
2)Blanchard and Fisher Chap 5

13 and
14

Seminar presentations

UM-PT01-PK03-BR004(BI)-S04