Week 1: Introduction and Data of Macro
Lecture Slides [ch01 pptx; ch02 pptx]
I. Introduction to Macroeconomics
A. The Macro Economy
Required
Readings:
Mankiw: ch. 1 - The
Science of Macroeconomics
Recommended Reading:
B. The Data of Macroeconomics: National Income, Prices, and
Unemployment
Required
Readings:
Mankiw: ch. 2 - The
Data of Macroeconomics
Recommended Readings:
http://www.economist.com/displaystory.cfm?story_id=2765877
http://www.bls.gov/cps/eetech_intro.pdf
Duff, C. (1997, January 16). Eyes on the Price: Is
the CPI Accurate? Wall Street Journal, p. A 1.
Boskin, M. J., & et al. (1998). Consumer Prices, the
Consumer Price Index, and the Cost of Living. Journal of
Economic Perspectives, 12(1), 3-26.
Multimedia:
http://www.nytimes.com/interactive/2008/05/03/business/20080403_SPENDING_GRAPHIC.html