NTU Course
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Macroeconomics (2)

Offered in 113-2
  • Notes
    The course is conducted in English。

  • NTU Enrollment Status

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  • Course Description
    This course provides an in-depth exploration of macroeconomic principles, focusing on inflation, interest rates, taxation, inequality, welfare, real estate economics, and dynamic optimization. Through a combination of lectures, discussions, and practical exercises, students will gain a comprehensive understanding of how macroeconomic factors influence the economy at large. This course is designed for students with a foundational knowledge of economics who wish to delve deeper into macroeconomic theory and its applications.
  • Course Objective
    - Understand the mechanisms and implications of inflation and interest rates. - Analyze the principles of optimal taxation and its impact on the economy. - Examine the causes and consequences of economic inequality and the role of welfare. - Explore the dynamics of real estate markets and their significance in the economy. - Master the fundamentals of dynamic optimization and its applications in economic modeling.
  • Course Requirement
    Basic Calculus
  • Expected weekly study hours after class
  • Office Hour
  • Designated Reading
  • References
  • Grading
  • Adjustment methods for students
  • Course Schedule
    Week 1Course Introduction and Syllabus Overview - Macroeconomics and Collective Behaviour
    Week 2Inflation - Measuring Inflation: Consumer Price Index (CPI) and Producer Price Index (PPI) - Causes and Consequences of Inflation - Hyperinflation and Deflation: Understanding extreme economic conditions
    Week 3Interest Rates - Borrowing Costs and Savings Incentives - Inflation Control
    Week 4Real Estate Economics - Factors influencing demand and supply - The impact of interest rates on real estate
    Week 5Inequality - Gini Coefficient and Lorenz Curve
    Week 6
    Week 7Pareto Distribution Thomas Piketty's arguments on the cause of wealth inequality
    Week 8Welfare Economics - Social welfare function
    Week 9Optimal linear income taxation I
    Week 10Optimal linear income taxation II
    Week 11Theory of Progressive Income Taxation I
    Week 12Theory of Progressive Income Taxation II
    Week 13Dynamic Optimization I - Fundamental concepts and techniques in dynamic optimization
    Week 14Dynamic Optimization II - Introduction to solving basic dynamic optimization problems
    Week 15Final Exam