{"id":596,"date":"2024-05-30T03:15:17","date_gmt":"2024-05-30T03:15:17","guid":{"rendered":"https:\/\/course.oeru.org\/maec101\/?page_id=596"},"modified":"2024-05-30T03:15:17","modified_gmt":"2024-05-30T03:15:17","slug":"required-reading","status":"publish","type":"page","link":"https:\/\/course.oeru.org\/maec101\/learning-pathways\/overview-of-macroeconomics\/required-reading\/","title":{"rendered":"Required reading"},"content":{"rendered":"<div id=\"content\" class=\"mw-body container\" role=\"main\">\n<div class=\"row\">\n<div class=\"col-md-12\">\n<div class=\"panel\">\n<div class=\"panel-body\">\n<div id=\"bodyContent\">\n<div id=\"mw-content-text\" lang=\"en\" dir=\"ltr\" class=\"mw-content-ltr\"><div class=\"panel iDevice\">\n\t<div class=\"panel-heading idevice-heading\">\n\t\t<div>\n\t\t\t<img decoding=\"async\" class=\"pedagogicalicon\" alt=\"reading\" src=\"https:\/\/course.oeru.org\/maec101\/wp-content\/themes\/oeru_course\/idevices\/Icon_reading.png\">\n\t\t<\/div>\n\t\t<div>\n\t\t\t<h2>Macroeconomics Overview Readings<\/h2>\n\t\t<\/div>\n\t<\/div>\n\t<div class=\"panel-body\">\n\t\t<div class=\"col-md-12\">\n\t\t\t<\/p>\n<div class=\"thumb tright\">\n<div class=\"thumbinner thumbnail\" style=\"width:302px;\"><a href=\"https:\/\/wikieducator.org\/File:WeltBIPWorldgroupOECDengl.PNG\" class=\"image\"><img loading=\"lazy\" decoding=\"async\" alt=\"\" src=\"\/\/wikieducator.org\/images\/thumb\/4\/45\/WeltBIPWorldgroupOECDengl.PNG\/300px-WeltBIPWorldgroupOECDengl.PNG\" width=\"300\" height=\"188\" class=\"thumbimage img-responsive\"><\/a>  <\/p>\n<div class=\"thumbcaption\">World GDP<\/div>\n<\/div>\n<\/div>\n<p>\n<\/p>\n<ul>\n<li> Read this <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/web.archive.org\/web\/20150404015746\/http:\/\/jsher.myclassupdates.com\/sitebuildercontent\/sitebuilderfiles\/feng.pdf\">Charles Feng&#8217;s &#8220;AP Macroeconomics Study Guide&#8221;<\/a>, which provides a brief outline for the study of macroeconomics and will help prepare you for economics exams. This study guide covers most of the topics presented in this course.\n<\/li>\n<\/ul>\n<ul>\n<li> Read  <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/learn.saylor.org\/pluginfile.php\/31370\/mod_resource\/content\/2\/ECON102-VeronicaGuerrieri-DemandSideoftheEconomy-CCBYNCSA.pdf\">Veronica Guerrieri (of MIT) lecture notes on &#8220;Principles of Macroeconomics, L5-L7: The Demand Side of the Economy&#8221;<\/a> , which will provide an introduction to two important expenditure components of the GDP. This reading will also prepare you for further exposure to other macroeconomic variable, which you will study in the remainder of this course. Note that consumption is the largest expenditure component and investment is the most volatile expenditure component.\n<\/li>\n<\/ul>\n<ul>\n<li> Read this second set of lecture notes from <a rel=\"nofollow\" class=\"external text\" href=\"https:\/\/learn.saylor.org\/pluginfile.php\/31372\/mod_resource\/content\/4\/ECON102-VeronicaGuerrieri-MacroeconomicVariables-CCBYNCSA.pdf\">Veronica Guerrieri<\/a>, which will provide an introduction to the scope and major topics covered by a course in macroeconomics. This reading represents an outline of the course and adds context. You will gain a solid foundation on which the upcoming units build. For instance, the course will refer numerous times to the four components of the expenditure approach &#8211; consumption, investment, government, and net exports &#8211; and will elaborate on their causes and consequences, what variables alter them, and what effects they have on aggregate demand, aggregate supply, GDP, and so forth.\n<\/li>\n<\/ul>\n<p>\n<\/p>\n<p>\n\t\t<\/div>\n\t<\/div>\n<\/div><\/p>\n<p><!-- \nNewPP limit report\nCPU time usage: 0.090 seconds\nReal time usage: 1.045 seconds\nPreprocessor visited node count: 109\/1000000\nPreprocessor generated node count: 774\/1000000\nPost\u2010expand include size: 5172\/2097152 bytes\nTemplate argument size: 3739\/2097152 bytes\nHighest expansion depth: 7\/40\nExpensive parser function count: 0\/100\n--><\/p>\n<p><!-- Saved in parser cache with key we_en-mw_:pcache:idhash:182290-0!*!*!*!*!2!* and timestamp 20240530031516 and revision id 1034535\n -->\n<\/div>\n<div class=\"visualClear\"><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"row\">\n<div class=\"col-md-12\">\n<ul class=\"pager\">\n<li class=\"previous\">\n            <a href=\"\/maec101\/learning-pathways\/overview-of-macroeconomics\/markets-in-aggregate-form\">\u2190 Previous<\/a>\n          <\/li>\n<li class=\"next\">\n            <a href=\"\/maec101\/learning-pathways\/overview-of-macroeconomics\/macroeconomic-goals\">Next \u2192<\/a>\n          <\/li>\n<\/ul><\/div>\n<\/p><\/div>\n<div id=\"wenote-ids\"><script type='text\/javascript' id='wenotes-ids'>\n    var WEnotesSite = \"https:\/\/wikieducator.org\";\n    var WEnotesPath = \"\/Introduction_to_principles_of_macroeconomics\/required_reading\";\n    var WEnotesSiteID = \"0e3d258fbd36841f92259eefcd41d5e9\";\n    var WEnotesPathID = \"30fd8145ff352388e19167ad7a375133\";\n    var WEnotesIDs = { site: \"https:\/\/wikieducator.org\", path: \"\/Introduction_to_principles_of_macroeconomics\/required_reading\", site_id: \"0e3d258fbd36841f92259eefcd41d5e9\", path_id: \"30fd8145ff352388e19167ad7a375133\" };\n<\/script><\/div>\n<\/div>\n<footer><\/footer>\n","protected":false},"excerpt":{"rendered":"<p>\u2190 Previous Next \u2192<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":586,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-596","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/course.oeru.org\/maec101\/wp-json\/wp\/v2\/pages\/596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/course.oeru.org\/maec101\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/course.oeru.org\/maec101\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec101\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec101\/wp-json\/wp\/v2\/comments?post=596"}],"version-history":[{"count":1,"href":"https:\/\/course.oeru.org\/maec101\/wp-json\/wp\/v2\/pages\/596\/revisions"}],"predecessor-version":[{"id":597,"href":"https:\/\/course.oeru.org\/maec101\/wp-json\/wp\/v2\/pages\/596\/revisions\/597"}],"up":[{"embeddable":true,"href":"https:\/\/course.oeru.org\/maec101\/wp-json\/wp\/v2\/pages\/586"}],"wp:attachment":[{"href":"https:\/\/course.oeru.org\/maec101\/wp-json\/wp\/v2\/media?parent=596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}