NTU Course

Macroeconomics (2)

Offered in 113-2
  • Notes

    The course is conducted in English。

  • NTU Enrollment Status

    Enrolled
    0/80
    Other Depts
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    Remaining
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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 before and/or after class
  • Office Hour
  • Designated Reading
  • References
  • Grading
    1. NTU has not set an upper limit on the percentage of A+ grades.
    2. NTU uses a letter grade system for assessment. The grade percentage ranges and the single-subject grade conversion table in the NATIONAL TAIWAN UNIVERSITY Regulations Governing Academic Grading are for reference only. Instructors may adjust the percentage ranges according to the grade definitions. For more information, see the Assessment for Learning Section
  • Adjustment methods for students
  • Make-up Class Information
  • 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