Macro Syllabus Spring 2015

8/21/2019 Macro Syllabus Spring 2015

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Montclair State University

School of Business Administration

Department of Economics & Finance

Econ. 101 0!" three credit hours Dr. #amrou$ %irou$" ffice %A '0(

%rinciples of Macroeconomics ffice hrs) *+ 1)00 ,)-0 p.m.

*+ 11)-0 1,)' a.m. %A 11' r /y appointmentemail) %irou$mail.Montclair.edu

Sprin2 ,01

General Description of the Course:

Organization and operation of the American economy for the production anddistribution of goods and services. Denition and measurement of the nationaloutput and income. Unemployment and ination. Aggregate demand andAggregate supply model. Fiscal policy, money and baning and monetary policy.Disputes in macro!theory and policy. "conomic gro#th, international economics,and issues dealing #ith public goods and e$ternalities.

Aim)%rinciples of macroeconomics deals 3ith a22re2ate economics. *he course deals 3ith such a22re2ate

concepts as 45% and 4D%" concept and measurement of national unemployment and 2eneral level of

inflation. 6n addition it deals 3ith #eynesian economics and its challen2e to classical vie3. Fiscal policy

Money" /anin2" financial institutions" and monetary policy. Macroeconomic insta/ility and tools offiscal and monetary policy to /rin2 a/out sta/ility. Disputes and controversies in macro theory and

policy. 6nternational trade" and issues dealin2 3ith topic of pu/lic 2oods and e7ternalities.

Course Content

8hapters

9imits" alternatives" and choices ......................................................... 1

6ncludin2 appendi7 on 2raphs and their meanin2

*he maret system and the circular flo3 ............................................. ,

Demand" supply" and maret e:uili/rium .....................;;;;;.. -

Maret failures) %u/lic 2oods & e7ternalities ..................................... '

6ncludin2 the appendi7

First Midterm Examination


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8hapters

An introduction to Macroeconomics ;;;;;;;;;;;;. discipline specific no3led2e there are three periodical e7ams in thecourse of the semester. *here is also a 2eneral ed. mandatory short term paper re:uired for the course.

*he course presentation is /ased on /oth lectures as 3ell as use of po3er point. 6 also mae use of

8onnect soft3are 3hich provides students 3ith eversion of the te7t as 3ell as computeri$ed pro/lemsand e7ercises related to each chapter.

Basic e!uirement for Completion of the Course:


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*he ma=or determinants of the course 2rade are the three e7aminations 2iven at intervals

of appro7imately every five 3ees" plus a ,000 3ords termpaper 3ritten on the topic related tomacroeconomics 3hich 6 assi2n to you. *he paper is one of the 2eneral education re:uirements

and is mandatory for completion of the course. *he paper should contain a title pa2e" either

footnotes or endnotes" as 3ell as a /i/lio2raphy. *he paper is due the last class lecture in thesemester. "he topic of the term paper is) ?#ohn Maynard $eynes% the man and his

contribution to economic theory&'

Student attendance and participation in the discussion and e7ercise revie3 is important in that it

can mae student>s 2rade that is at the /orderline to improve to a hi2her level. "he use of cel& phoneand text messaging in the class is strictly prohibited and could lead to expulsion from the class. *he

3ei2ht that each e7am and the termpaper carry is as follo3s)

First Midterm E7am -0 points

Second Midterm E7am -0 pointsFinal E7am '0 points

*erm paper 10 points

*his 2ives you a total of 110 points. 6 3ill curve the course /ased on 100 points. @ou" therefore" have a

10 point /onus.

Maeup e7ams 3ill /e 2iven only if a student misses an e7amination due to a valid

reason supported /y documentary evidence e.2. due to sicness or une7pected accidents.

6ncomplete 3ill only /e 2iven if the student has passin2 performance till the final e7amination"

and is una/le to tae the final e7amination due to a valid reason e.2. medical emer2ency supported /y adoctorCs certificate.

+e:uired *e7t/oos)

Macroeconomics% By 8amp/ell +. Mc8onnell" Stanley 9. Brue" and Sean Flynn

Mc4ra3ill" ,0th Edition 3ith Connect plus

Economics is not an easy su/=ect and you cannot succeed /y =ust readin2 the /oo. @ou need to

understand the concepts and theories presented in each chapter and /e a/le to apply them to

everyday life. Usin2 your Connect plusas a companion to your te7t/oo is very important foryour success in this course. 6 3ill also post some multiple choice :uestions for your revie3 on

the 8anvas /efore each e7amination. *his 3ay you 3ill have a much /etter 2rasp of the su/=ect

matter.

(ffice Consultation:


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ffice) +m. '0( %A" %artrid2e all. @ou can meet me durin2 my office hours or /y

appointment. Students are 3elcome to meet and discuss any difficulty 3ith re2ard to the course. %leasedo not hesitate to mae appointment for consultations.

EMail) %irou$Mail.Montclair.Edu.

ur 2raduate students also serve as tutors and they are availa/le in room %A ',0. 6n the

/e2innin2 of the semester 6 3ould provide you 3ith their names and schedule of availa/ility.
mailto:[email protected]:[email protected]

Documents

Macro Syllabus Spring 2015