This course provides an introductory analysis of the economy as a whole. Topics covered include the determination of national output, the roles of money in the economy, the causes of inflation and unemployment, and government economic policies. The international monetary system is also discussed.

◙  Prerequisite

None

◙  Textbooks

Required: Colander, Economics (Eighth edition)

The book website:

http://highered.mcgraw-hill.com/sites/0077247175/student_view0/student_resources.html

Recommended: Study Guide to accompany Colander's Macroeconomics

◙  Class Rules

Exams:

Two one-hour examinations 30% of the final grade (each)
Comprehensive final exam 40% of the total grade

Type of Exam:

True False (1 point each), Multiple Choice (3 points each)

No Quizzes, No Homework, No Other Projects

Class Participation:

Students are expected to read the assigned chapters on time and come to class prepared to discuss the material. In all cases, ask questions.

Attendance Policy:

Regular class attendance is strongly recommended. Attendance sheets are circulated in each session. Be sure to sign them.

Attendance records will be taken into consideration in borderline cases.

Retake Policy

No retake is allowed.

Makeup Policy

Request for a make-up MUST BE MADE BEFORE THE EXAM IS GIVEN IN CLASS. Approval is at the instructor's discretion.

No make-up, once allowed and scheduled, may be re-scheduled.

◙  Grading Policy

Grades will be curved.

SPECIAL INCENTIVE: Those who have a perfect attendance record throughout the course, and score above 95% in each of the two midterms, will automatically receive an A for the course and be exempted from the final exam.

◙  Winter 2010 Schedule (tentative)

Lecture notes are distributed only in class