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Macroeconomics deals with the society's use of scarce resources--natural resources, labor, capital, entrepreneurship--to satisfy unlimited wants, through the process of production, distribution, and consumption of goods and services.
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Course Guideline
Class Meeting
Thursdays 6:00-8:50 p. m.
Violette Hall Rm. 1142
Text
Campbell R. McConnell and Stanley L. Brue, Macroeconomics, Fourteenth edition, McGraw-Hill Inc., 1998.
Other Reading Materials
Business Week, The Wall Street Journal, The Economist, and Financial Times.
This course will be more rewarding if you make a habit of reading any one of these periodicals.
This course will help you to:
- Acquire the notion of economics in general and macroeconomics in particular.
- Understand the fundamental economic concepts, nature, and method of economic analysis
- Comprehend economic principles and develop economic reasoning and its application in real situations.
- Develop your academic skills and become a more rational member of society.
- You are required to read recommended textbooks along with assignment materials to complement the lectures.
- You are also required to attend class regularly and to be involved in discussions.
- You should do homework, projects, and other class assignments and submit them at the appropriate time.
- You are encouraged to visit with me during my office hours to discuss matters relating to the course and to your progress.
- First exam – Short answer essays and problems100 points
- Second exam – Multiple choice and true-false100 points
- Third exam – Multiple choice100 points
- Final exam – Comprehensive multiple choice200 points
| Activity | Points |
| Three exams (100 points each) | 300 |
| Homework | 250 |
| Quizzes | 150 |
| Classroom activity | 100 |
| Final exam | 200 |
| Total | 1,000 |
Grades will be determined as follows:
- A = 90 % and above
- B = 80 - 89 %
- C = 70 - 79 %
- D = 60-69 %
- F = 60 % and less
- Introduction to Economics – Chapters 1 - 6
- Fundamentals of Macroeconomics: National Income, Employment, and Fiscal Policy – Chapters 7 - 12
- Money, Banking, and Monetary Policy – Chapters 13 - 15
- Additional Topics (if time permits), especially concerning problems and controversies in macroeconomics.
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