Econ 102 Macroeconomics Fall 2010 Syllabus Instructor Steven W Rick Office Hours Tuesday and Thursday 11 00 11 45 am and by appointment Office 6460 Social Science Phone 231 4285 Credit Union National Association 262 0235 University of Wisconsin E Mail srick cuna com Prerequisites Economics 101 or AAE 215 Text R Glenn Hubbard Anthony Patrick O Brien Macroeconomics 3rd Edition Pearson Prentice Hall Course Description This course addresses four areas of importance I II III IV The Economic Way of Thinking Scarcity choice and economic tools Markets and Government Aggregate demand and supply role of government and the market process Core Macroeconomics Money the banking system monetary policy fiscal policy economic growth Phillips curve unemployment inflation equilibrium International Economics International trade comparative advantage the international monetary system exchange rates Discussion Sections Every student should register for and attend the weekly discussion sections Homework The course homeworks can be found at www myeconlab com Course ID number XL0H 61OK 401Y 5Y02 Grading Grading will be based on homework performance 10 two midterm exams 25 each and a final exam 40 In a situation where a student s grade is borderline the grade will be determined by participation in class and discussion section Following is a schedule of readings and exams for the course DATE Sept 2 Sept 7 Sept 9 Sept 14 Sept 16 Sept 21 Sept 23 Sept 28 Sept 30 CHAPTER TOPIC 1 1 3 3 7 7 8 The Current Economy The Current Economy Economics Foundations and Models Economics Foundations and Models Where Prices Come From The Interaction of Demand and Supply Where Prices Come From The Interaction of Demand and Supply GDP Measuring Total Production and Income GDP Measuring Total Production and Income Unemployment and Inflation Oct 5 Oct 7 Oct 12 Oct 14 Oct 19 Oct 21 Oct 26 Oct 28 Nov 2 Nov 4 FIRST EXAM 9 9 10 11 11 12 12 13 13 Nov 9 Nov 11 Nov 16 Nov 18 Nov 23 Nov 30 Dec 2 Dec 7 Dec 9 Dec 14 Dec 17 Economic Growth the Financial System and Business Cycles Economic Growth the Financial System and Business Cycles Long Run Economic Growth Sources and Policies Output and Expenditure in the Short Run Output and Expenditure in the Short Run Aggregate Demand and Aggregate Supply Analysis Aggregate Demand and Aggregate Supply Analysis Money Banks and the Federal Reserve System Money Banks and the Federal Reserve System SECOND EXAM 14 14 15 15 16 17 17 18 18 Monetary Policy Monetary Policy Fiscal Policy Fiscal Policy Inflation Unemployment and Federal Reserve Policy Macroeconomics in an Open Economy Macroeconomics in an Open Economy The International Financial System The International Financial System FINAL EXAM 7 25 pm
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