HMC Economics 53

Macroeconomics

Professor Gary R. Evans

 

Lecture Slides and Support Material for Spring 2013

 

These linkages below are for the PowerPoint slides used in lectures for this class. Students are encouraged to use these instead of the paper copies handed out in class. These are better quality and in color.

 

These lecture slides are protected by copyright laws, with restrictions described on the title slide.

 

Lecture 1 Introduction to Macroeconomics and the National Income and Product (NIPA) Accounts

Table of the NIPA accounts

Lecture 2 Business Cycles

BEA 2012 GDP estimate 1st release

Lecture 3 Intro to Macro Models and the Aggregate Supply / Aggregate Demand Model

Lecture 4 The Loanable Funds Model

Handout: Key Interest Rates (used with the Loanable Funds Model)

Financial Times Article About Effect of Sequester Upon Science and Research (required reading)

Lecture 5 Inflation

Audio file [mandatory]: The German Approach to Reducing Youth Unemployment [NPR broadcast]

Lecture 6 - Employment and Unemployment

Lecture 7 - International Trade and Exchange Rates

Lecture 8 - The Federal Reserve System and the Creation of Money and Credit

Lecture 9 - The Federal Reserve System and Interest Rates 

Lecture 10 - The Federal Reserve System and Current Policy in Spring 2013

Lecture 11 - The Budget, Deficit, and Debt of the U.S. Government

Lecture 12 - Entitlements, Trust Funds, Social Security and Medicare

 

Final take-home examination (you are allowed to download immediately and may review it immediately, even if you don't plan to take it until later) For seniors this is due on May 9!

 

2012 Trustees Report of the Social Security Trust Fund (optional - put here just in case you wanted to look at it)

 

China Stuff (all optional)

 

Unrestricted Warfare (if interested, speed-read chapter 5 and after for their views about finance).

The Revenge of Wen Jiabao (a detailed Foreign Policy story about the long roots of the purge).

A Chilling End in Chongqing (Financial Times story about the Heywood murder and possible links to the Bo purge).

China Reins in Bo Xilai Chatter Online (Wall Street Journal Story about censorship after the purge)

Mandiant: APT1 Exposing One of China's Cyber Espionage Units