Text: Michael Parkin, Macroeconomics , Pearson Addison-Wesley, 8 edition.
Previous edition are also acceptable. The present syllabus has been written for
the ...
RUTGERS UNIVERSITY INTRODUCTION TO MACROECONOMICS Economics 21:220:102 Fall 2008 Lectures: Tuesday, Thursday: 2:30-3:50 Room: Boyden Hall 413
Alvaro Rodriguez Office-Hours: T, Th: 1:15-2:15 Office: Hill Hall Phone: 353-5809
E-mail:
[email protected]
Text: Michael Parkin, Macroeconomics , Pearson Addison-Wesley, 8 edition. Previous edition are also acceptable. The present syllabus has been written for the fifth edition so if you get a previous edition it is your responsibility to check if the numbering of the chapters has changed The course looks at the economy focusing on the study of global variables such as the level of economic activity, employment and the rate of change of prices. It looks at possible failures of the economic system and the potential role of government policy to reduce economic fluctuations. EXAMINATIONS: There will be two midterms in this course and a final exam. In most cases each exam will count for 33% of the final grade. In exceptional cases class participation will weight 10% of the grade. No more than one make-up per-student will be allowed. The final grade depends on your standing in relation to the rest of the class. The grades posted will be the accumulated grade. For example the grade posted after the second exam will be based on how the average of your two exams stands compared with that of the rest of the class. Although last minute adjustments are possible the curve is as follows: A top 10%, B+ top 25%, B top 50%, C+ top 65%, C top 75% and D top 90%. Regardless of her standing in relation to the rest of the class a student is guaranteed to have an A if her score exceeds 90, a B if her scores exceed 80 and a C if her scores exceed 70. I do not use blackboard, the grades are posted in the web site for this course that can be found following the links in the Economics Department web site that point to my personal web site, then following the links to my courses etc. For identification purposes I use your student number.
1 week September 2 –4 What is Economics? The economic Problem Chapter one and Chapter 2.
2 week September 9- 11. Demand and Supply Analysis Chapter 3. 3 week September 16- 18: First Look at Macroeconomics. Chapter 4 4 week September 23 –25. National Accounts. Chapter 5. 5 week. September 30 October 2 Monitoring the Business Cycle Chapter 6. 6 week 12, October 7- 9. Review Exam 7 week October 14 –16. The Classical Model Chapter 7 8 week October 21 -23 Economic Growth Chapter 8. 9 week October 28 -30. Review Exam 10 week November 4 – 6. Money, The Price Level and Inflation. Chapter 9 11 week November 11 - 3. Chapter 11. Aggregate Supply and Demand 12 week November 18 - 20. The Keynesian Model. Chapter 12
13 week December 2 –4. The Exchange Rate and the Balance of Payments Account. Chapter 10. 14 week December 9 To be announced
