Download Syllabus_210_Outline2_54 - SIIT Lecture Note System

Sirindhorn International Institute of Technology
Thammasat University, Rangsit Campus
Department of Common and Graduate Studies
EC 210 Introductory Economics
Semester 2/2011
Lecturers:
Sections
Dr. Kriengkrai Techakanont (Sec2)
Dr. Alice Sharp (Sec1)
1
2
Tuesday
Wednesday
13.30 - 17.20 Room RS 502
08.40 - 12.30 Room RS 502
Main Text:
1. Mankiw, N.Gregory, Principles of Economics, 5th edition, 2008.
Other Substitution Texts:
1. Lipsey, Richard G. and Paul N. Courant, Economics, 11th edition 1996.
2. Samuelson, P.A. and Nordhaus W.D., Economics, 16th edition, 1998.
Basis for Evaluation:
The final grade will be based on the following students’ performance;
1. Midterm Examination
40%
2. Final Examination
40%
3. Homework
20%
Class Policy:
1. All students are required to come to lecture class on-time, dress properly, and turn off any
communication devices. Improper behaviors may result in dismissal of the student(s) from
class.
2. Cheating on assignments or exam results in a severe penalty.
Tentative Schedule:
Below are outlines for each topic. The number of chapter is referred to the chapter in
Mankiw’s textbook. Other editions or textbooks can also be used by referring to the similar
topics in those texts.
2
Week
1
Date
10 Jan
11 Jan
2
17 Jan
18 Jan
3
24 Jan
25 Jan
4
31 Jan
1 Feb
5
7 Feb
6
7
8
9
10
11
12
8 Feb
Topic
Chapters
Introduction
- Ten Principles of Economics
- Thinking Like an Economist
Ch. 1-2
How Markets Work (1)
- Market Forces of Supply and Demand
Ch. 4-6
- Elasticity and Its Application
How Markets Work (2)
- Elasticity and Its Application
Ch. 4-6
- Supply & Demand, and Government Policies
Markets and Welfare
- Consumers, Producers, and the Efficiency of Markets Ch. 7-8
- The Costs of Taxations
Ch. 13 -15
Firm Behaviour and the Organisation of Industry (1)
-The Cost of Production
Firm Behaviour and the Organisation of Industry (2)
-Firms in Competitive Market Structure
- Monopoly
Midterm Exam
Date & Time: TBA
The Data of Macroeconomics
28 Feb 29 Feb - Measuring a Nation’s Income
- Measuring the Cost of Living
The Real Economy in the Long Run (1)
7*
6 Mar
- Production and Growth
Mar
- Saving, Investment, and the Financial System
The Real Economy in the Long Run (2)
- Unemployment
13 Mar 14 Mar Money and Prices in the Long Run
-The Monetary System
-Money Growth and Inflation
The Macroeconomics of Open Economies (1)
20 Mar 21 Mar
- Open-Economy Macroeconomics: Basic Concepts
- A Macroeconomics Theory of the Open Economy
Short-Run Economic Fluctuations
27
28
- Aggregate Demand and Aggregate Supply
Mar
Mar
- The Influence of Monetary and Fiscal Policy on
Aggregate Demand
Final Exam
Date & Time: TBA
14 Feb
15 Feb
Ch. 13 -15
Ch. 23-24
Ch. 25 -26
Ch. 28-30
Ch. 31-32
Ch. 33-34