Course page for Macroeconomics I (лл)


Syllabus

Please note that the midterm exam will start at 7:30 pm

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Additional reading and sources mentioned in the lectures

Lecture 1: Introduction

Other
The letter of the British Academy in response to Her Majesty's question LINK

Lecture 2: Review of National Income Accounting

Textbook Chapters:
Mankiw, N.G., Macroeconomics, 5th ed., Worth 2005, Chapter 3 and 5

Dornbusch, R., Fischer, S., Startz, R., Macroeconomics, 8th ed., MacGraw-Hill 2001, Chpt 2

Lecture 3: Economic Growth. The Classical Model

Textbook Chapters:
Mankiw, N.G., Macroeconomics, 5th ed., Worth 2005, Chapter 7.

Dornbusch, R., Fischer, S., Startz, R., Macroeconomics, 8th ed., MacGraw-Hill 2001, Chpt 12

Romer, D., Advanced Macroeconomics, 2nd ed., McGrawHill, New York 2001: Chapter 1

Journal Articles
Voigtlaender, N, Voth, H.-J., Malthusian Dynamism and the Rise of Europe: Make War, Not Love, American Economic Review 99, 2009: 248-254.JSTOR Link

Phelps Brown, E.H., Hopkins, S., Seven Centuries of Building Wages, Economica N.S. 23, 1956: 296-314. JSTOR Link

Krugman, P., The Myth of Asia's Miracle, Foreign Affairs 73, 1994: 62-79. Link

Oizumi, K., How Long Will China's Demographic Dividend Continue? RIM Pacific Business and Industries Vol. XI, 2011, no 39, Link

Other
Kelly, M., O'Grada, C., Living Standards and Mortality Since the Middle Ages, SSRN working paper SSRN Link

North, D.C., Thomas, R.P., The Rise of the Western World, Cambridge University Press 1973. Available at KIMEP Library (Catalogue)

DeLong, J.B., Cornucopia - The Pace of Economic Growth in the 20th Century, NBER working paper no 7602, 2000. NBER Link

Nordhaus, W.D., Do Real Output and Real Wage Measures Capture Reality? In: Bresnahan, T.F., Gordon, R.J. (Eds), The Economics of New Goods, University of Chicago Press, 1996. NBER Link

Lecture 4: Economic Growth. Endogenous Growth Theory

Textbook Chapters:
Mankiw, N.G., Macroeconomics, 5th ed., Worth 2005, Chapter 8.

Journal Articles
Kremer, M., Population Growth and Technological Change: One Million B.C. to 1990, Quarterly Journal 108, 1993: 681-716. JSTOR link

Sala-i-Martin, X., Doppelhofer, G., Miller, R.I., Determinants of Long-Term Growth, American Economic Review 94 (4), pp. 813-835. JSTOR link

Romer, P.M., The Origins of Endogenous Growth, Journal of Economic Perspectives 8, 1994: 3-22. AEAweb link

Solow, R.M., Perspectives on Growth Theory, Journal of Economic Perspectives 8, 1994: 45-57. AEAweb link

Other
Acemoglu, D., Robinson, J., Why Nations Fail, Crown, 2012. (For a critical review see Diamond, J., What Makes Countries Rich or Poor, New York Review of Books 7 June 2012. Link)

Naim, M., The Devil's Excrement. Can Oil-Rich Countries Avoid the Resource Curse? Foreign Policy Sept./Oct. 2009. Link

Lecture 5: Money, Money Growth and Inflation

Textbook Chapters:
Mankiw, N.G., Macroeconomics, 5th ed., Worth 2005, Chapter 4.

Lecture 6: Aggregate Demand and Supply: Overview

Textbook Chapters:
Mankiw, N.G., Macroeconomics, 5th ed., Worth 2005, Chapter 9.

Other:
Burns, A.F., Mitchell, W.C., Measuring Business Cycles, NBER 1946. Link

Reinhard, C., Rogoff, K., This Time Is Different: Eigth Centuries of Financial Folly, Princeton University Press 2010.

Other Sources on the Web

Ministry of Finance of Kazakhstan link

National Bank of Kazakhstan link

Asian Development Bank link