ECONOMICS 152: PRINCIPLES OF MACROECONOMICS

COURSE OBJECTIVES AND 
OTHER PRELIMINARY INFORMATION

Syllabus for Economics

Week 1: Introduction to Economics


 

Monday, 1st week

 In class:  New Topics--What is Economics?
  Learning Economics in a Wireless High-Tech Environment
Out of class:  Read Ch. 1, 1A, 2
  Prepare For-Discussion Questions: p. 17-18, 35-36
  E-journal 1
 

Optional: Session with Economics Paraprof (Thuy Pham) on using Excel at 1:30 

 

Tuesday, 1st week

In class: New Topic--The Production Possibilities Model
  Graphing Quiz
  Go over For-Discussion Questions: p. 17-18, 35-36
  Text Web Site Online Exercises for Ch. 1, 2
  Use Excel to answer Problems 1-3, p. 58
Out of class: Prepare For-Discussion Questions: p. 57-58
  E-journal 2
  Read Ch. 3

 

Wednesday, 1st week

 

In class: New Topic--Demand and Supply
  Go over For-Discussion Questions: p. 17-18, 35-36
  Text Web Site Online Exercises for Ch. 3
  Use Excel to answer Problems 1-4, p. 82
Out of class:

Print problem sets: Demand Functions and Demand Curves; Supply Functions and Supply Curves; Labor Markets 

  Prepare For-Discussion Questions: p. 80-82
  Read Ch. 4

                                   

Thursday, 1st week

In class:  New Topic--Applications of Demand and Supply
  Go over For-Discussion Questions, p. 80-82
  Text Web Site Online Exercises for Ch. 4
 

Work on problem sets: Demand Functions and Demand Curves; Supply Functions and Supply Curves; Labor Markets                                

  Use Excel to answer Problems 1-4, p. 100 
 Out of class: Prepare For-Discussion Questions, p. 99-100
  Prepare for Exam 1

           

Friday, 1st week

In class:  Go over For-Discussion Questions, p. 99-100
  Review
  Exam 1
Out of class: Paper 1 
  Read Ch. 5

 

Week 2: Basic Concepts of Macroeconomics


Monday, 2nd week

In class: New Topic--Introduction to Macroeconomics
  Text Web Site Online Exercises for Ch. 20
  Use Excel to answer Problem 1, p. 409
  Discuss "When the Economy Goes South" and "The Impact of Inflation"
Out of class: Prepare For-Discussion Questions, p. 409 and Problems 2-6, p. 409-410
  E-journal 3
  Read Ch. 21

                   

 Tuesday, 2nd week

      

In class: New Topic--Measuring the economy
  Go over For-Discussion Questions, p. 409 and Problems 2-6, p. 409-410
  Text Web Site Online Exercises for Ch. 21
  See how the U.S. economy is doing now
Out of class: Prepare For-Discussion Questions and Problems, p. 430-431
  Read Ch. 22
   

                                                

Wednesday, 2nd week

 

In class: New Topic--Aggregate Demand and Supply
  Go over For-Discussion Questions and Problems, p. 430-431
  Text Web Site Online Exercises for Ch. 22
  Use Excel to answer Problems 1-3, p. 454-455
Out of class: Prepare For-Discussion questions,  p. 453-454
  E-journal 4
  Read Ch. 23 and Ch. 19, p. 369-381

Thursday, 2nd week

In class: New Topics--Economic Growth, Inequality, and Poverty
  Go over For-Discussion Questions and Problems,  p. 453-454
  Text Web Site Online Exercises for Ch. 23 and 19
  Use Excel to answer Problem 1, p. 388
Out of class: Prepare For-Discussion Questions and Problems, p. 470-471 and For-Discussion Questions 1-8, p. 387-388
  Prepare for Exam 2

 

Friday, 2nd week

In class: Go over For-Discussion Questions and Problems, p. 470-471 and For-Discussion Questions 1-8, p. 387-388
  Review
  Exam 2
Out of class: Read Ch. 24 and Ch. 25

                 

Week 3: Macroeconomic Modeling


Monday, 3rd week

In class: New Topic--Money and Financial Markets
  Text Web Site Online Exercises for Ch. 24 and 25
  Examine current exchange rates
  Use Excel to answer Problems 1-3, p. 509
Out of class: Prepare For-Discussion Questions and Problems, p. 489-490 and  For-Discussion Questions, p. 508
  Read Ch. 26

Tuesday, 3rd week

In class: New Topic--Monetary Policy and the Fed
  Go over For-Discussion Questions and Problems, p. 489-490 and For-Discussion Questions, p. 508
  Text Web Site Online Exercises for Ch. 26
  Take the Fed quiz
  Examine the federal funds rate
Out of class: Prepare For-Discussion Questions and Problems, p. 531-532
  Read Ch. 27

  Wednesday, 3rd week                                            

In class: New Topic--Government and Fiscal Policy
  Go over For-Discussion Questions and Problems, p. 531-532
  Text Web Site Online Exercises for Ch. 27
  Problem 1, p. 552
Out of class: Prepare For-Discussion Questions and Problems 2-5, p. 551-552
  Read Ch. 28
  Begin work on Paper 2

Thursday, 3rd week

In class: New Topic--Consumption and the Aggregate Expenditures Model
Go over For-Discussion Questions and Problems 2-5, p. 551-552
Text Web Site Online Exercises for Ch. 28
Use Excel to answer Problem 1, p. 575 
Out of class: Prepare For-Discussion Questions and Problems 2-4, p. 575
E-journal 5
Read Ch. 32 

Friday, 3rd week

In class: New Topic--Agreements and Disagreements in Macroeconomics
  Go over For-Discussion Questions and Problems 2-4, p. 575
  Text Web Site Online Exercises for Ch. 32
Out of class: Finish Paper 2, due Monday at 9:00
   
   
   

Week 4: Other Issues in Macroeconomics


Monday, 4th Week

In class: Breakfast at Libby's: 20 W. San Miguel Street
   
Out of class: Prepare For-Discussion Questions and Problems, p. 657
  Peruse Ch. 30, 33 and Ch. 34
  E-journal 6 (optional)

Tuesday, 4th week

In class: New Topics--Fields in Economics with Macroeconomic Dimensions 
  Go over For-Discussion Questions and Problems, p. 657
  Text Web Site Online Exercises for Ch. 32, 33 and 34
  Review
Out of class: Study for Final Examination

Wednesday,4th week

In class: Exam 3