Goal
11: Evaluate the impact of theories,
events and institutions of the social, economic, legal and political aspects of
society.
Goal
12: Comprehend and appreciate the development of diversity in America in all its
forms.
In order to achieve these goals, we will:
• Use basic models to evaluate macroeconomic institutions and their behavior.
• Evaluate the ethical basis for macroeconomic policies, and
• Determine the impact of macroeconomic policies on the diverse groups of the
society.
Course Outline
Week 1 thru 4: Macroeconomics: Basic Concepts
Ch. 16: Introduction to Macroeconomics
Ch. 17: Production, Income & Unemployment/Employment
Quiz 1:
Thursday, 9/14; 15 mins
Ch. 18: The Monetary System, Price and Inflation
Exam 1:
Thursday, 921; 1 hr.
Week 5 thru 7: Long-Run (LR)
Macroeconomics
Ch. 19: Classical LR Model, Loanable Funds Market
Ch. 20: LR Economic Growth and Rising Living Standards
Quiz 2: Thursday,
10/5; 15 mins.
Week 8 thru 9: Short-Run (SR)
Macroeconomics
Ch. 21: SR Economic Fluctuations
Quiz 3:
Thursday, 10/19; 15 mins.
Ch. 22: The SR Macro Model
Exam 2: Thursday,
10/26; 1 hr.
Week 10 thru 12: Money, Prices, and Macroeconomy
Ch. 23: Banking System and Money Supply
Ch. 24: Money Market and Interest Rate
Quiz 4:
Thursday, 11/9; 15 mins.
Ch. 25: Aggregate Demand and Aggregate Supply
Week 13 thru 15: Macroeconomic policy
Ch. 26: Monetary Policy
Ch. 27: Fiscal Policy
Quiz 5: Thursday, 11/30; 15 mins.
Review for the Final Exam
Final Exam: Thursday, Dec. 14,
10:30-12:30pm
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Copyright© 1996, Ebenge Usip, all rights reserved.
Last revised:
Tuesday, July 09, 2013.