2 Regular Exams (100 points each) = 200 points
1 Internet Assignment (5 points) = 5 points
1 Final Exam (cumulative) = 150 points
Total 355 points
Expected Grade Distribution and Curve Structure:
Curve Structure: Average exam score will be set at or near a baseline "B", whenever necessary. Each exam has its own curve, absolutely determined one week after the exam is returned.
The Cutoffs are as follows:
88% = A, 77% = B, 66% = C, 55% = D, below 55% is an F
Generally, expect an exam to come at the end of Measuring
a Nationís Production and Income (Chapter 20) and another at the end of
Investment and Financial Intermediation (Chapter 25), as stated on the
syllabus. The final is comprehensive, with the greatest weight given
to those sections not covered on a prior exam. Exams always require
graphic skills, as well as multiple choice skills. It is wise to
bring color pens or pencils to class and exams.
There must be very compelling reasons to be granted a make-up exam, which, if at all possible, should be arranged in advance. I do not intend to give make-up exams, if I can avoid it.
If you have a documented disability, and wish to discuss academic accommodations, please contact me as soon as possible.
2801 - PRINCIPLES MACROECONOMICS - SYLLABUS
Text: Economics Principles and Tools, OíSullivan, Arthur and Steven M. Sheffrin., Prentice-Hall, Upper Saddle River, New Jersey, 2001.
1. Introduction: What is Economics?
2. Key Principles of Economics
3. Markets in the Global Economy
4. Supply, Demand and Market Equilibrium
II. Macroeconomic Theory
20. Measuring a Nationís Production and Income
21. Unemployment and Inflation
22. Classical Economics: The Economy at Full Employment
23. Why do Economies Grow?
24. Keynesian Economics and Fiscal Policy
25. Investment and Financial Intermediation
III. Money and Monetary Policy
27. Money, the Banking System, and the Federal Reserve
28. Monetary Policy in the Short Run
IV. Applications (if time permits)
33. The World of International Finance
32. International Trade and Public Policy