Hiroshima University Syllabus

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Japanese
Academic Year 2025Year School/Graduate School School of Economics Economics Day Course
Lecture Code G6020321 Subject Classification Specialized Education
Subject Name マクロ経済学2
Subject Name
(Katakana)
マクロケイザイガク2
Subject Name in
English
Macroeconomics 2
Instructor MIYAZAKI KOICHI
Instructor
(Katakana)
ミヤザキ コウイチ
Campus Higashi-Hiroshima Semester/Term 2nd-Year,  Second Semester,  4Term
Days, Periods, and Classrooms (4T) Tues1-4:ECON B257
Lesson Style Lecture Lesson Style
(More Details)
Face-to-face, Online (on-demand)
Lecture
The first lecture will be held face-to-face. At that time, I will explain how to proceed with the subsequent lectures. 
Credits 2.0 Class Hours/Week 4 Language of Instruction J : Japanese
Course Level 2 : Undergraduate Low-Intermediate
Course Area(Area) 24 : Social Sciences
Course Area(Discipline) 03 : Economics
Eligible Students 2nd year and above
Keywords Business Cycles, IS Curve, MP Curve, Phillips Curve, AD-AS Model, DSGE Model 
Special Subject for Teacher Education   Special Subject  
Class Status
within Educational
Program
(Applicable only to targeted subjects for undergraduate students)
An intermediate macroeconomics to understand modern macroeconomy 
Criterion referenced
Evaluation
(Applicable only to targeted subjects for undergraduate students)
Economic Analysis
(Knowledge and Understanding)
・Basic knowledge of logical analysis on economic issues 
Class Objectives
/Class Outline
In this course, we will learn intermediate macroeconomics, which is essential to understand modern macroeconomy. The goal of this course is that you will be able to describe what business cycle theory is, explain the effects of monetary policy and fiscal policy on macroeconomy in the short run, and so on.  
Class Schedule Class 1: Guidance and Introduction to Business Cycles
Class 2:IS Curve
Class 3: Microeconomic Foundations of the IS Curve: Consumption Function
Class 4:MP Curve and IS-MP Model
Class 5:Phillips Curve and Short-term Models
Class 6:Microeconomic Foundations of the MP Curve
Class 7:Midterm exam
Class 8:AD Curve and AS Curve
Class 9:Using the AD-AS Model
Class 10:On Monetary Policy: Time Consistency and Rational Expectations
Class 11:Considering the Lehman Shock
Class 12:DSGE Models
Class 13:Real Business Cycle Models
Class 14:New Keynesian Models
Class 15:Final Exam Review

Midterm exam and final exam will be given.
However, there are cases where it is not possible to conduct the midterm exam due to the number of students taking the course. In that case, I plan to give grade based only on the final exam (100%).  
Text/Reference
Books,etc.
No textbook in this course.
Other references will be announced in the class.  
PC or AV used in
Class,etc.
Handouts, Microsoft Teams, moodle
(More Details)  
Learning techniques to be incorporated Post-class Report
Suggestions on
Preparation and
Review
The lecture content is cumulative, so if you come across a part you don't understand, try to clear up your doubts as soon as possible.
Face-to-face lectures will be held with the assumption that participants have watched on-demand videos in advance.
The quickest way to understand this class is to deepen your understanding by solving problems, so I recommend that you try solving the practice problems that do not require submission.
The lectures will be based on the content covered in 'Macroeconomics I.' Therefore, it is recommended that those who have not taken this course review the material on their own. 
Requirements Lectures are half on-demand and half face-to-face. Before the lecture, supplementary lectures are given face-to-face with the premise that students watch the relevant video of the day. 
Grading Method Midterm exam (40%) and final exam (60%).
However, there are cases where it is not possible to conduct the midterm exam due to the number of students taking the course. In that case, I plan to give grade based only on the final exam (100%).  
Practical Experience  
Summary of Practical Experience and Class Contents based on it  
Message  
Other I will announce other course-related information (e.g., office hours) in the first class.  
Please fill in the class improvement questionnaire which is carried out on all classes.
Instructors will reflect on your feedback and utilize the information for improving their teaching. 
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