Fundamentals of Macroeconomics Syllabus

This syllabus is constructed according to a sample set of topics similar to N. Gregory Mankiw's Principals of Macroeconomics. All classroom tools include a teaching note and slide deck.

Topic Classroom Tools

I. Short-Run Economic Fluctuations

Aggregate Demand and Aggregate Supply

Learn how different macroeconomic events shift the aggregate-demand and aggregate-supply curves.

IS-LM Model

In this introduction to Keynesian macroeconomic dynamics, use the IS-LM model to recognize how macroeconomic events impact GDP and real interest rate levels.

Fiscal Policy: Multiplier Effect

Using this multiplier calculation tool, learn how fiscal policy – both government spending and tax policies – can impact aggregate demand.

II. Monetary Policy and the Fed

Treasury Yield Curve

Recognize different yield curve shapes and how these shapes may be viewed as indicators of macroeconomic conditions.

III. Exchange Rates and Purchasing Power Parity

Foreign Exchange Rates

Introduction to the factors that affect a currency’s exchange rate.

Purchasing Power Parity (PPP) GDP

Learn how to compare economies across countries using the concept of purchasing power parity.