Macroeconomics

Demand, Supply and Business Cycle Macroeconomics and recent events in the world economy - Good market and money market - s n classical economics-Rational Expectation and policy ineffectiveness.

Readings: Carlin and Soskice, 2010. (Chapter: 1) Froyen, 2015. (Chapter: 10 &11).

Scarth, 2014. (Chapter: 1 & 2).

#Mankiw, Gergory."A Quick Refresher Course in Macroeconomics."Journal of Economic Literature XXVIlI (1990):1645-1 660.

#Woodford, M.“Revolution and Evolution in Twentieth-Century Macroeconomics."In P.

Gifford (ed.) Frontiers of the Mind in the Twenty: First Century. Harvard University Press, 1999.

1. The course outline, scheme of examination and detail course content for Master of Arts (Economics (Two-year PG Degree Programme approved by the Board of Studiesof USHS Sinits39thmeetingheldon28th November,2025.

2. Tobe effective from August,2026.

eho Annexure “B" Syllabi and Scheme of Examination for Master of Arts (Economics) (Two-Year PG Degree Programme) (With effect from August,2026) #Blanchard, O. “What Do We Know About Macroeconomics that Fisher and Wicksell Did Not?"Quarterly Journalof Economics115.4(2000):1375-1410.

#Lane, Philip R. “The European Sovereign Debt Crisis." Journal of Economic Prespective 26.3 (2012):49-68.

#Mishkin, Frederic s. “Over the Cliff: From the Subprime to the Global Financial Crisis." The Journal of Economic Perspectives 25.1 (2011): 49-70.

#Mankiw, N. Gregory."Real Business Cycles: A New Keynesian Perspective." The Journal of Economic Perspectives 3.3 (1989): 79-90.

#Plosser, Charles I. "Understanding Real Business Cycles." The Journal of Economic Perspectives 3.3 (1989): 51-77.