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ECON 3080-003 Intermediate Macroeconomic Theory

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ECON 3080-003 Intermediate Macroeconomic Theory
ECON 3080-003
Intermediate Macroeconomic Theory
Fall 2006
Instructor
Office
Phone
Email
Office Hours
Class Schedule
Classroom
Website
Joe Craig
ECON 304
(303) 492-4288
[email protected]
Tuesday, Thursday 10:45-12:00, or by appointment
TR 9:30-10:45 A.M.
HUMN 135
http://ucsu.colorado.edu/~craigjd
Course Overview
This course will provide a comprehensive framework for analyzing the behavior of
aggregate economies. Topics will include the determinants of output, unemployment,
and inflation, an analysis of short-run fluctuations in economic activity, and theories of
long-run economic growth.
Throughout our discussion, we will consider the following questions: Why are some
countries rich while others remain poor? What causes economic expansion and
contraction? What policies, if any, should the government use in combating inflation and
unemployment and stimulating growth?
Required Text
Gregory Mankiw, Macroeconomics, 6th Edition, the 5th edition is perfectly fine as well
Worth Publishers.
Grading
Your course grade will consist of two midterm examinations, a final, and four problem
sets assigned throughout the semester.
Your grade will be determined as follows:
Midterm 1
23%
Midterm 2
23%
Final
34%
4 Problem Sets
20%
Exams and Problem Sets
Each exam will be composed of several multiple choice questions and some analytical
problems. The final exam will be held in the regular classroom on Wednesday May 9th
from 10:30 A.M. – 1:00 P.M. . There will be no make-up exams. However if you miss
an exam for any reason your final will count for the missed exam and the final grade, so
missing an exam makes the final worth 57%. You CANNOT drop an exam once it has
been taken.
Problem sets for each chapter will be posted on the course website. I will choose four of
these problem sets to be handed in, and I will give you a week’s notice to complete them.
Although the other problem sets are not required, I highly encourage you to look at them.
The problem sets are designed to aid you in preparing for exams, and their format will
appear very similar to the exams. No late homework will be accepted. Points will be
deducted for not having a staple, or having no name.
Students With Disabilities
If you qualify for accommodations because of a disability, please submit to me a letter
from Disability Services in a timely manner so that your needs may be addressed.
Disability Services determines accommodations based on documented disabilities.
Contact Willard 322, (303) 492-8671.
Other Information
This class is subject to the University of Colorado Honor Code. For more information,
visit: http://www.colorado.edu/academics/honorcode.
Tentative Course Outline
Date
Chapter
Jan. 16, 18, 23
3
Jan. 25, 30
5
Feb. 1, 6
7
Feb. 8, 13
8
Feb. 15, 20
4
Feb. 22, 27
9
Thursday, March 1
Mar. 6, 8, 13
10
Mar. 15, 20
11
Mar. 22, Apr. 3
13
Spring Break
Apr. 5, 10
15
Apr. 12, 17
16
Apr. 19, 24
12
Thursday, April 26
May 1, 3
NA
Wednesday, May 9
Topic
National Income
The Open Economy
Economic Growth I
Economic Growth II
Money and Inflation
Economic Fluctuations
Midterm I
Aggregate Demand I
Aggregate Demand II
Aggregate Supply
March 26-30
No Class
The National Debt
Consumption
The Open Economy in the Short Run
Midterm II
Review
Final Exam
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