Inter!med:iate Macr'o 11OA~-- - --

· Nathalie Bolh: Econ 112nbolh ucsd.edu

· ClassWeb Page: econ.ucsd.edu/

· Office hours: M: 10 to 11 a.m. W,F : 10to11'.30a.m. or by appointment

· Phone: 534-5476

· TAs :

- YongGookJung: Econ115, F: 3 to 5 pmon .un econ.ucsd.edu

- KwangHwanKim: SH 140,Th: 3 to 5 pmk2kimcruucsd.edu

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Course descriptionI . Coursematerial : Macroeconomicsby G. Mankiw:

-Short introto macroeconomics : Chapters 1 & 2 definemacroeconomics,the main macroeconomicdata and issues.Itis a quick reviewof somebasicconceptsthat we will use inmacroeconomicmodels.

-Economyin the longrun: Classicaltheory: Chapters3, 4, 5, 6. .

We usemodelsto understanddifferent issuessuchasinflation, unemployment...We alsoanalyzethe effectsofmonetarypolicyfiscal policy,trade policy...Sometypicalquestionsthat we will answer: Whydo centralbanksfightagainstinflation?Why is there moreunemploymentin Europethan in the USA?Howto explainthe trade deficit in theUSA?...

Course DescriptionEconomyin the very long run: Chapters 7, 8 use of

growth models to understand the determinants oflong term growth, policies to promote growth ...Wewill understand better why some countries are richand others are poor. What type of policy canstimulate economic growth in the short and the longterm.

-Economy in the short run: Study of the IS-LM modelin Chapters 10, 11. We will use this model to studythe short run effects of fiscal and monetary policy inthe economy.

Lectur1es- .-. - .....-....

- Focuson what isthe most importantineachchapter.

- Insistonsometopicswithadditionalmaterialnot includedinthe textbookorlectureslides.

- Exams:essentiallybasedonthe examplesandproblemsdoneinclass+ homework

- Slides:Outlinefor eachlecture.Theydonotincludelecturenotesor solutionstoproblemsstudiedinclass.

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Optimal Training- -

· Attendance and focus during lectures.

· Read and Learn Chapters before Lectur~s.Askquestions, try to answer questions.Redraw graphs to memorize them.

· Take notes during lectures to compleme~'n

lecture slides.

· Homework (Chapters reading, Problems,MCQ...).Redo the examples done in class.

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Exams.- - _- - -"'II:---::.. ..:;,.- -------

· Generally consist in problems and questions. No calculator, no notes.Cheating reported to the Dean.

· If you leave the classroom during the exam, you can not come back.

· Midterm 1 : Approx. 40 minutes beginning of class. No additionaltime for late students. Weight 20%

· Midterm 2 : Not cumulative. Approx. 40 minutes beginning of class.No additional time for late students. Weight 20%

· Graded Homework: Weight 10%

· Final Exam : Cumulative with more emphasize on the last chapters.Approx.2 - 3 hours. No additional time for late students. Weight 50%

· Grades willbe curved taking into consideration the overall classperformance and the economics department's standards.

· Copies are generally corrected and returned one week after the examin class. After they are available in the TA's office. No grades given byemail.

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COJurseaind Exam Schedule

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.-..-..........-:..-. Mar 29 : chap 1. Mar 31: chap 1-2. Apr 2: chap 2. Apr 5 : chap 3. Apr 7 : chap 3. Apr 9 : chap 3. Apr 12 : chap 4. Apr 14 : chap 4. Apr 16 : chap 4. Apr 19 : chap 5. Apr 21: chap 5. Apr 23 : chap 5. Apr 26 : Midterm 1 : chap 1,2,3,4,5. Apr 28 : chap 6. Apr 30 :chap 6. May 3 : chap 6

Cou'rse an1dE,xam Schedule- ~ - - ::& -.

May5 : chap 7

May7 : chap 7

May 10 : chap 7

May 12: chap 8

May 14 : chap 8

May 17 : chap 8

May19 : Midterm2 : not cumulative. Chap 6,7,8

May21 : chap 10

May24 : Chap 10

May26: Chap 10

May28 : Chap 11

May31 : MemorialDay- noclassJune 2 : Chap 11

June 4 : Chap 11

June 7 : FinalExam 8-11 am. Warning: This schedule needs to be confirmed in class.

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Graded Hom,ewor1kSchedule

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Homework has to be returned in class at thedates indicated below.

· Apr 9 : deadline for assignments /chap 1 and 2

· Apr 16: deadline for assignments /chap 3

· Apr 23: deadline for assignments /chap 4

· Apr 26 : Practice for midterm 1

· May 10 : deadline for assignments /chap 6

· May 17 : deadline for assignments /chap 7

· May 19 : Practice for midterm 2

· June 2 : deadline for assignments /chap 10

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Re-gr'ading Policy--- -

· Re-grading is' exceptional. Re-grading canonly be requested during one week afteryou get back your copy. No re-gradingfor copies written with a pencil.

· Regraded copies are returned at the endof the quarter.

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Missed Exams· No make-up exams.

· If exam missed without a universityaccepted excuse :grade=O for the missed exam.

· Excusesfor missed exams must be pre-approved by theinstructor. Students who make contact after the exam willhave to document why they could not make contact prior tothe exam. In addition, any student who misses an exam dueto physicalillnesswillbe required to providedocumentationfrom a licensed physicianindicatingwhy the student wasphysicallyunable to take the exam. Alldocumentation and anadditional signed written statement explainingthe relevantcircumstances of the absence must be providedto theinstructor within 2 workingdays of the student's return to thecampus. Failureto complyto one of the above in the specifiedmanner willresult in a grade of zero for the exam.