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Бакалавриат 2026/2027

Макроэкономика 2

Когда читается: 3-й курс, 2 семестр
Охват аудитории: для своего кампуса
Язык: английский
Кредиты: 6
Контактные часы: 84

Course Syllabus

Abstract

Macroeconomics-2 is a one-semester course and it is taught for the third year students in Spring semester. This course will cover the fundamental principles of macroeconomics at an intermediate level. Topics include the supply side of the economy and economic growth, the demand side of the economy, consumption, investment, fiscal policy, the labour market and unemployment, financial markets, banking, money and monetary policy, business cycles, inflation, and international macroeconomics.The course is taught in English. The students are also studying for Russian degree in Economics, and knowing Russian terminology through reading in Russian is also required
Learning Objectives

Learning Objectives

  • This course introduces students to the most influential and compelling theories designed by macroeconomists to explain issues related to the determination of output, unemployment and inflation. Students will acquire a logical and consistent framework for understanding the main macroeconomic facts and events, and develop the ability to employ the correct macroeconomic tool(s) to explain specific macroeconomic issues and justify policy proposals.
Expected Learning Outcomes

Expected Learning Outcomes

  • define and analyse the determinants of business cycles, long run economic growth, unemployment, inflation; use and apply a wide range of economic models to analyse contemporary and historical macroeconomic events, and formulate and propose appropriate macroeconomic policies; be capable to work in a team; be prepared for further units which require a knowledge of macroeconomics;
Course Contents

Course Contents

  • The supply side of the economy
  • Economic growth in the long run
  • The demand side of the economy
  • Credit-market imperfections and fiscal policy
  • Unemployment, vacancies, and wages
  • Money and monetary policy
  • Banking, finance, and the money markets
  • Nominal rigidities and business cycles
  • Inflation, expectations, and macroeconomic policy
  • International trade in goods and assets
Assessment Elements

Assessment Elements

  • non-blocking Project
    Individual project is planned by the end of the course (and of April or May). This is in-class written project that is designed to develop higher order mental skills. Assignments might require a student to combine the knowledge of Macroeconomics with the knowledge from other courses (studied before or simultaneously with Macro) like Statistics, Microeconomics, Econometrics. Students might be asked to explain some observed Macroeconomic phenomenon and/or propose some policy. The task might deals with the evaluation of the arguments proposed by some policymaker. Alternatively a student might be asked to explain how some predictions of the model can be tested. As this assignment tests higher order level of thinking the sample task is not published and different formats might be combined in one project
  • blocking Final exam
    Unseen in-class written paper. In order to get a passing grade for the course, the student must sit the exam (all parts of the exam if the exam is divided into parts).
  • non-blocking Control work
    Unseen in-class written paper
Interim Assessment

Interim Assessment

  • 2026/2027 2nd semester
    0.1 * Project + 0.65 * Final exam + 0.25 * Control work
Bibliography

Bibliography

Recommended Core Bibliography

  • Macroeconomics, Williamson, S. D., 2005

Recommended Additional Bibliography

  • Advanced macroeconomics, Romer, D., 2012

Authors

  • Fridman Alla Aleksandrovna