NEW YORK UNIVERSITY
ECON1-UC 0301.002 PROFESSOR MAUREEN A. KEEFE
INTRO TO MACROECONOMICS EMAIL: [email protected]
Spring 2018 Tuesday 6:20 – 8:50 pm 194 Mercer, Room 202
TEXT: Baumol, William J. and Blinder, Alan S. Macroeconomics: Principles and Policy, 13th edition. Cengage Publishers
SUPPLEMENTARY READINGS: The Wall Street Journal.
A. 1. COURSE DESCRIPTION: This introductory course in economics is designed to explain and explore such major macroeconomic issues as inflation, unemployment, productivity and economic growth in our capitalist system. Models using aggregate supply and aggregate demand are developed and used to illustrate how the economy works.
A. 2. INTENDED AUDIENCE: Lower division students.
A. 3. COURSE OBJECTIVES:
· To acquaint students with basic macroeconomic concepts and theories regarding inflation, unemployment, productivity and economic growth
· To familiarize students with the analytical tools necessary to understand how our capitalist economy works
· To engage students with relevant and current economic issues and problems
· To provide opportunities for discussion and debate
B. GRADING:
REQUIREMENT VALUE NUMBER TOTAL
Exam I 33.33% 1 33.33%
Exam II 33.33% 1 33.33%
Final Exam 33.33% 1 33.33%
Make up exams, if approved, will lose 10%.
Cell phones must have the ringer off during class.
- AGENDA: (Subject to change)
DATE CHAPTER TOPICS ASSIGNMENTS
1/23 1 What Is Economics? Review Appendix
Ch 1 Activity
1/30 3 Scarcity and Choice TY 2, 3
An Economic Problem Ch 3 Activity
2/6 4 Supply and Demand TY 1-6; DQ 1, 2
2/13 5 Realm of Macroeconomics TY 3; Ch 5 Activity
2/20 6 Goals of Macroeconomic Policy TY 5; Ch 6 Activity
2/27 7 Economic Growth Theory TY 4
3/6 EXAM I
3/13 SPRING RECESS
3/20 8 Aggregate Demand and the TY 2-4; DQ 5, 6 Powerful Consumer Appendix TY 1
3/27 9 Demand-Side Equilibrium TY 1, 7
Ch 9 Activity
4/3 10 Supply-Side Equilibrium DQ 1, 2
11 Fiscal Policy DQ 3, 4
4/10 EXAM II
4/17 12 Money and the Banking System DQ 1-7
4/24 13 Monetary Policy TY 1, 3, 4; DQ 1, 2, 3
14 Financial Crisis TY 1; DQ 2-6
5/1 15 Debate: Monetary & Fiscal Policy DQ 5
16 Fiscal Policy, Monetary Policy &
Growth – Budget Deficits TY 1, 3; DQ 1, 3
- Inflation & Growth: the
Phillips Curve DQ 4
5/8 FINAL EXAM
Definition of Plagiarism
Adopted by the
School of Continuing and Professional Studies
“Plagiarism is presenting someone else’s work as though it were one’s own. More specifically, plagiarism is to present as one’s own a sequence of words quoted without quotation marks from another writer; a paraphrased passage from another writer’s work; creative images, artwork, or design; or facts or ideas gathered, organized, and reported by someone else, orally and/or in writing and not providing proper attribution. Since plagiarism is a matter of fact, not of the student’s intention, it is crucial that acknowledgement of the sources be accurate and complete. Even where there is no conscious intention to deceive, the failure to make appropriate acknowledgement constitutes plagiarism. Penalties for plagiarism range from failure for a paper or course to dismissal from the University.”
