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Lecture 11 Macroeconomic Analysis 2003 Approaches to Macroeconomics.

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Presentation on theme: "Lecture 11 Macroeconomic Analysis 2003 Approaches to Macroeconomics."— Presentation transcript:

1 Lecture 11 Macroeconomic Analysis 2003 Approaches to Macroeconomics

2 Lecture 12 Measurement Nominal GDP Real GDP GDP deflator GDP Index Growth rate Technological Index Review of AS-AD Framework in various Schools Exercise

3 Lecture 13 Nominal and Real GDP

4 Lecture 14 Aggregate Demand

5 Lecture 15

6 6

7 7 National Income Identity

8 Lecture 18 Supply Side of GDP

9 Lecture 19

10 10

11 Lecture 111

12 Lecture 112

13 Lecture 113 Macroeconomic Policy Fiscal Policy taxes expenditure debt Monetary Policy interest rate/ M-supply exchange rate/trade stock market Growth/supply side

14 Lecture 114 Aggregate Demand and Aggregate Supply and Prices

15 Lecture 115 Classical view

16 Lecture 116 Keynesian Economists view on Economic Policy

17 Lecture 117 Exercises GDP deflator Technological index Growth rate of per capita income and GDP Production function Capital share Labour share Review of – the IS-LM –AS-AD Problems 1-3

18 Lecture 118 Economic Growth In the UK and Ireland from Does Good Economic Policy Matter? Saving and Investment ratios Population Growth Fiscal and monetary policy Real interest rate Real Exchange Rate Inflation rates Trade Ratios

19 Lecture 119

20 Lecture 120

21 Lecture 121

22 Lecture 122

23 Lecture 123

24 Lecture 124

25 Lecture 125


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