Download ECON 2020-100 Principles of Macroeconomics

UNIVERSITY OF COLORADO
Econ 2020-100 Principles of Macroeconomics
Fall 1996
Instructor: Vijaya R. Sharma
Office: Economics 309B
Phone: 492-6237 (office)
email: ·[email protected]
Office Hours: MW 11:30 a.m.-1:00 p.m. or by appointment.
Course Description
The course introduces the macroeconomic goals of an economy, methods of measuring
macroeconomic performances, and a· basic framework of analyzing behavior of an
economy in aggregate. The basic framework shall be used to analyze economic issues,
policy alternatives, and their implications with special emphasis to current issues in the
U.S.
Textbook
Macroeconomics Private and Public Choice, by Gwartney and Stroup, Seventh Edition,
1995.
Grading Policy
The course material is divided into three parts. There shall be three midterm exams,
one for each part. Beside, an ·optional final exam shall be given to those who wish to
replace one of the first two exam scores, whichever is the lowest. Students missing any
of the first two exams must take the optional final, as no makeup exam shall be given.
All three exams carry equal weight, and together they make 90% of total grade. Exams
include materials covered in the lectures, recitations, and the prescribed chapters of the
textbook.
10% of grade comes from recitations. Students are encouraged to regularly attend
recitations, .as they shall complement course materials, and help with examples, quizzes,
and practice problems. T.A.s shall explain their grading policy in recitations. Recitations
shall begin from Sep 4.
Tentative Schedule
Sep 25-0ct 2:
Introduction and Key Definitions: Chapter 1.
Production-Possibilities Curve, Demand, Supply, Market Process,
Economic Efficiency, and Market Failures: Chapters 2, 3, and 4.
Economics of Collective Action, and Government Spending and
Taxation: Chapters 4 and 5.
GDP, Unemployment, and Inflation: Chapters 6 and 7.
Oct 4:
MIDTERM EXAM I
Aug 26-Aug 30:
Sep 4-Sep 16:
Sep 18-Sep 23:
Oct 7-0ct 11:
Oct 14-0ct 18:
Oct 21-0ct 25:
Oct 28-Nov 1:
Nov 4-Nov 6:
Aggregate Demand and Aggregate Supply Model: Chapters 8 and 9.
Keynesian Model: Chapter 10.
Fiscal Policy, Crowding Out, and Supply-Side Econ: Chapter 11.
Money & Banking, and Monetary Policy: Chapters 12 and 13 . .
Adaptive and Rational Expectations, and Phillips Curve: Chapter 14.
Nov 8:
MIDTERM EXAM II
Nov 11-Nov 15:
Nov: 18-Nov. 27:
Dec 2-Dec 11:
Stabilization Policy, Budget Deficit/National Debt: Chapters 15 & 16
International Trade and Finance: Chapters 17 and 18.
Growth and Development, and Public Choice: Chapters 19, 21, & 22
Dec 20, Friday:
MIDTERM EXAM III and
OPTIONAL FINAL EXAM, 11:30 a.m. - 2:30 p.m.