本課程闡述下列總體經濟議題，包括：產出，就業率、失業率、利率和通貨膨脹。討論貨幣和財政政策，以及政府負債和國際經濟議題。本課程還介紹總體經濟的基本模型，並以美國和其他經濟體的經驗來闡述相關原理。

兩種可選上課模式

本課程有兩種可選上課模式。兩者包含同一主題，用同樣一課本，有相同的作業要求，包括同樣的測驗和問題集。收到更多的課程註冊信息後，小班和復習課節數可能有改變。

1. 講課－復習: 周一和周三由Caballero 教授講授一小時課程。周五你還需要參加由首席助教開設的一小時復習課。周五的復習課——必須參加 ——導師會講解每周的問題集，溫習講課材料。如果你選了這模式，你也要選擇周五的一小時復習課。
   
   
2. 助教小班:周一、三、五你要參加由助教開設的一小時課程。

收到更多的課程註冊信息後，小班和復習課節數可能有改變。（如果某個小班人太多，我們可能會要求學生改至其他時間。）

閱讀

本課程的教材是《總體經濟學》（第三版） Olivier Blanchard 著。請務必使用最新版。另外，我們建議學生養成瀏覽《華爾街日報》或《金融時報》，或《經濟學人》周刊的習慣，每月至少幾次；這些報刊翔實報道經濟時事（文筆極佳），為課程提供一些相關背景。

Blanchard, Olivier. 《總體經濟學》第三版，Upper Saddle River, N.J.: Prentice Hall, 2003. ISBN: 0130671002.

作業，考試，成績

本課程的成績基於三次測驗和六個每周問題集。成績主要由這三次測驗的平均分決定。問題集在小班堂上交給助教；如果你選擇Caballero教授的講座，交給首席助教。如果有邊緣分數的情?，問題集的評分會計入期末成績，但必要條件是你必須按時提交所有六個問題集。對於那些成績處於兩個等級之間的學生來說，問題集的表現有助於提高他們的績分，而欠交作業會降低分數。請按時提交問題集，我們不接受遲交的作業。

This course will provide an overview of macroeconomic issues: the determination of output, employment, unemployment, interest rates, and inflation. Monetary and fiscal policies are discussed, as are public debt and international economic issues. It introduces basic models of macroeconomics and illustrates principles with the experience of the United States and other economies.

Two Alternative Formats

The course has two alternative formats. Both formats will cover the same topics, use the same textbook, and have the same required assignments, including quizzes and problem sets. As we receive more information on class enrollment, there may be changes in the number of sections and recitations.

1. Lecture-Recitation: You attend one-hour lectures on Mondays and Wednesdays, given by Professor Caballero. You also attend a one-hour recitation on Fridays, run by the head TA. During Friday recitations -- which are not optional -- instructors will go over weekly problem sets, review materials from the lectures. If you elect the Lecture-Recitation option, you may choose one of the one-hour Friday recitations.
   
   
2. All-Section: You attend one-hour sections on Mondays, Wednesdays, and Fridays, run by a TA.

As we receive more information on class enrollment, we may need to make changes in recitations or sections. (If any one section is too large, we may ask students to move to different times.)

Readings

The text for the course is the third edition of Macroeconomics, by Olivier Blanchard. Please get the last edition. In addition, it is also suggested that students get into the habit of browsing the daily newspaper The Wall Street Journal or The Financial Times, or the weekly magazine The Economist at least a couple of times a month; all offer good (and well-written) coverage of economic events, and will provide some context for the course.

Blanchard, Olivier. Macroeconomics. 3rd ed. Upper Saddle River, N.J.: Prentice Hall, 2003. ISBN: 0130671002.

Assignments, Exams, and Grades

The course grades will be based on three quizzes and 6 weekly problem sets. The grade will be primarily determined by the average of the three quiz scores. You will hand in the problem sets to your TA in class or to the head TA if you choose to take Professor Caballero’s lecture. The problem sets can count in the final grade for border line cases. A necessary condition for the problem sets to help you in these border line cases is that all 6 problem sets have been handed in. For students who are on the border between two grades, performance on the problem sets can result in the higher grade, while failing to hand in problem sets can result in the lower grade. Problem sets are due on the due date. We will not accept late problem sets.