Irfan A. Qureshi

Irfan A. QureshiIrfan A. QureshiIrfan A. Qureshi
  • Home
  • Curriculum vitae
  • Education
  • OPU Index
  • Policy Writings
  • Research
  • Instructional Activities
  • More
    • Home
    • Curriculum vitae
    • Education
    • OPU Index
    • Policy Writings
    • Research
    • Instructional Activities

Irfan A. Qureshi

Irfan A. QureshiIrfan A. QureshiIrfan A. Qureshi
  • Home
  • Curriculum vitae
  • Education
  • OPU Index
  • Policy Writings
  • Research
  • Instructional Activities

TEACHING

Principles of Macroeconomics

Course Outline


Lectures:

Part 1: Introduction

  • The Science of Macroeconomics
  • The Data of Macroeconomics

Part 2: Classical Theory: The Economy in the Very Long Run

  • National Income: Where it Comes From and Where it Goes
  • The Monetary System: What It is and How It Works 
  • Inflation: Its Causes, Effects, and Social Costs 
  • The Open Economy
  • Unemployment and the Labor Market

Part 3: Growth Theory: The Economy in the Very Long Run

  • Economic Growth I: Capital Accumulation and Population Growth
  • Economic Growth II: Technology, Empirics and Policy

Part 4: Business Cycle Theory: The Economy in the Short Run

  • Introduction to Economic Fluctuations
  • Aggregate Demand I: Building the IS-LM model
  • Aggregate Demand II: Applying the IS-LM model
  • The Open Economy Revisited: The Mundell-Fleming Model and the Exchange Rate Regime
  • Aggregate Supply and the Short-Run Tradeoff between Inflation and Unemployment

Money and Banking

Course Outline


Lectures:

Part 1: Introduction

  • Why study Money and Banking?
  • An Overview of Financial Markets
  • What is Money?

Part 2: Financial Markets

  • Understanding Interest Rates
  • The Behaviour of Interest Rates
  • The Risk and Term Structure of Interest Rates
  • The Stock Market, the Theory of Rational Expectations, and the Efficient Market Hypothesis

Part 3: Financial Institutions

  • Banking, Management of Financial Institutions

Part 4: Central Banking and the Conduct of Monetary Policy

  • The Money Supply Process (Part 1; Part 2; Part 3; Part 4)
  • The Tools of Monetary Policy
  • The Conduct of Monetary Policy: Strategy and Tactics

Part 5: Monetary Theory

  • Quantity Theory, Inflation, and the Demand for Money
  • Aggregate Demand, Aggregate Supply and Business Cycles (Part 1; Part 2; Part 3)
  • The Role of Expectations in Monetary Policy
  • Transmission Mechanisms of Monetary Policy

Part 6: International Finance and Monetary Policy

  • The Foreign Exchange Market
  • The International Financial System

Advanced Macroeconomics

Course Outline 


Lectures:

Part 1: Introduction

  • Empirical Evidence on Business Cycles

Part 2: The 3-equation model

  • The Demand Side
  • The Supply Side
  • The 3-equation Model and Macroeconomic Policy

Part 3: Macroeconomic Policy in the 3-equation model

  • Monetary Policy and Transmission Mechanism
  • Expectations
  • Fiscal Policy

Part 4: International Macroeconomics

  • The 3-equation Model in the Open Economy
  • The Open Economy: the Demand and Supply Sides
  • Extending the Open Economy Model: Oil Shocks

Part 5: Topics in Advanced Macroeconomics

  • Money, Banking and the Macroeconomy
  • The Financial Sector and Crises
  • Real Business Cycles and New Keynesian Models
  • Growth, Fluctuations and Innovations

Monetary Theory and Policy

Course Outline


Motivation: 

1. Stock & Watson (2001). “Vector Autoregressions,” Journal of Economic Perspectives

2. Christiano, Lawrence J., Martin Eichenbaum, and Charles L. Evans, "Monetary Policy Shocks: What Have We Learned, and To What End," NBER Working Paper 1999.


Lectures:

Part 1: Introduction

  • Empirical Evidence on Money, Prices, and Output (Robert Lucas' Nobel Prize Lecture: link)
  • Basic Concepts in Time-Series Econometrics

Part 2: Techniques in Monetary Economics

  • VAR Models and Identification Problem
  • Identification Techniques

Part 3: Monetary Theory

  • What is Money?
  • The Money Supply Process (Part 1; Part 2; Part 3; Part 4)
  • The Tools of Monetary Policy
  • Quantity Theory, Inflation, and the Demand for Money
  • Transmission Mechanisms of Monetary Policy

Part 4: Monetary Policy in the 3-equation model

  • The Demand Side
  • The Supply Side
  • The 3-equation Model and Macroeconomic Policy
  • Expectations
  • Monetary Policy

Part 5: International Monetary Economics

  • The 3-equation Model in the Open Economy
  • The Open Economy: the Demand and Supply Sides
  • Extending the Open Economy Model: Oil Shocks 

Part 6: Topics in Monetary Economics

  • Money, Banking and the Macroeconomy
  • The Financial Sector and Crises
  • The Conduct of Monetary Policy
  • Real Business Cycles and New Keynesian Models

Copyright © 2026 iqureshi - All Rights Reserved.

Powered by

This website uses cookies.

We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.

Accept