ࡱ>  1bjbj 0P)ffT,J3=====2222222$4722==3ddd ==2d2ddn.1= "R/ 230J3 08tx8@181d22xJ38f o: Economics 111 - Principles of Macroeconomics - Fall 2009 91Ƶ Dr. Claudio Paiva Lectures: Tu and Th 1:30 pm 2:45 pm at Bell Tower 2704 Final Exam: Dec 8 (TU), 1 pm 3 pm Office Hours: Tu 4:30 pm 5:30 pm; Th 12:00 1:00 pm; and by appointment Office Location: Sage Hall 2039 Phone: (805) 437 2684 E-mail: claudio.paiva@csuci.edu Course Description Study of the workings of the economy. Topics include national income accounting, business cycles, employment and unemployment, inflation, economic growth, financial institutions, fiscal and monetary policy, and international trade. Textbook: Hubbard & OBrien (2008) - Macroeconomics. Course Learning Objectives Students who successfully complete this course will be able to: Explain the workings of the national economy Describe and apply the scientific method to macroeconomic behavior and the institutions within which that behavior occurs Measure aggregate levels of economic activity Describe the problems of unemployment and inflation Evaluate the costs and benefits of alternative forms of public policy In addition, as a General Education course, this course also seeks to: Foster an ability to think clearly and logically; Prepare students to find and critically examine information; Communicate at an appropriate level in both oral and written forms; Acquaint students with the physical universe and its life forms and to impart an understanding of scientific methodology and of mathematical concepts and quantitative reasoning; Cultivate through the study of philosophy, literature, languages, and the arts-intellect, imagination, sensibility, and sensitivity, Deal with human social, political, and economic institutions and their historical backgrounds, with human Behavior and the principles of social interaction, and Integrate their knowledge by forming an interdisciplinary and insightful approach to learning. My Approach to Teaching The textbook provides the foundation for the course. However, my lectures and assignments will also make extensive use of case studies based on current and past economic, political, and social events as reported or discussed in reputable media outlets (the Wall Street Journal, The New York Times, The Economist, CNN, etc.). These reports may be discussed in class and/or may provide the context for homework and exam questions. My main goal is to give you the basic tools to understand, analyze, and form a critical opinion about the main economic issues of our time. In many instances we will also discuss the links between economics, policies, politics, and social issues. What should you do to succeed in this course? Come to Class: Attendance is expected. Lecture will be your best source of information for this course. Missing class means missing valuable discussion, quizzes, and information regarding assignments. Read the Book: The textbook is an extremely valuable source of information. You are expected to read every chapter covered in class do not wait for specific assignments. Read or watch (real) news: and by adding real I intend to exclude Showbiz Tonight, E! News, and other similar shows (as fun as you think they may be). This course will be very much related to current events and economic issues. Try to test your knowledge as you watch/read the news: see if you can understand the arguments in the reports; come discuss them with me or mention them in class. Do the Work: I will provide regular assignments to help you develop and assess your knowledge. I believe in challenging assignments and exams, but I do not believe in surprises. You will be given many chances to test your understanding of the material, in the classroom and outside. How will you be graded? EXAMS (50%): Mid-term = 20%; Final = 30% TERM PAPER = 20% HOMEWORK = 5% QUIZZES (25%): first quiz = 5%; second quiz = 10%; third quiz = 10% The final course grade is based on the percentage of total points earned throughout the semester calculated as the ratio of the weighted sum of all points earned to the weighted sum of all points possible. I expect the class average to be a C. Note that, for final course grades, I follow the ABCDF system, and there are no +- grades. Let me emphasize that I want you to learn, and I will be glad to provide you with extra help if needed: please don't hesitate to drop by during office hours or to make an appointment for another time. What will the exams and quizzes be like? The exams in this course are designed to challenge your ability to apply the tools of economics and analyze real world problems. Memorizing concepts and definitions will not get you very far. Many questions may require you to read an excerpt from a recent news article, explain the economic reasoning behind it, identify problems and suggest solutions using the theory and concepts covered in the course. In addition to proper application of the analytical techniques (and extensive use of graphs), careful explanations in clear and concise written English are essential. Some questions will also require the use of math. The quizzes can be viewed as a warm-up for the exams. As such, they will have a similar format but require less complex answers. THERE WILL BE NO MAKE UP QUIZZES OR EXAMS. What should the paper look like? The paper should be based on a news article/report appearing in a reputable source after August 15, 2009 (and this time reputable intends to exclude supermarket tabloids and other exotic news sources). You should include a copy of the article/report in the paper. If the piece appeared on TV, there should be a printout from the TV channels web site (or you may send me the link via e-mail). I recommend you to show me the article/report that you intend to use before you start working on the paper. Your job will be to (1) explain the main economic ideas contained in the article/report, (2) support or disagree with the arguments in the article/report, and (3) extend the discussion to implications not covered in the article/report, always making extensive use of the analytical tools, models, and concepts covered in the course. I expect you to apply what we covered in the course rather than to simply gather information on a topic. I expect your paper to be about 4 pages long. Please use reasonable font sizes and single spacing. I know some students think of the paper as an easy grade. Do not count on it. I will grade your paper looking for a through application of the analytical tools covered in the course as well as critical and original thinking. The paper must be sent to me attached to an e-mail by December 1st. Your paper will lose 20 points for each day that you are late. I consider the paper an assignment you should work on throughout the semester, not only on the day before the paper is due. I believe the paper is an important step in your learning process, and I will be glad to help you make to most of it. You can show me early drafts and still have the chance to improve the final version and your grade. For more details, please see the Complement to the Syllabus PowerPoint that is posted on Blackboard. The Homework Short homework assignments will be given after each major block of material. The assignments may include some direct, straightforward questions about the concepts and graph mechanics as well as more analytical questions based on current issues. HOMEWORK SUBMITTED AFTER THE DUE DATE WILL NOT BE GRADED. Academic Honesty 1. Academic dishonesty includes such things as cheating, inventing false information or citations, plagiarism and helping someone else commit an act of academic dishonesty. It usually involves an attempt by a student to show possession of a level of knowledge or skill that he/she does not possess. 2. Course instructors have the initial responsibility for detecting and dealing with academic dishonesty. Instructors who believe that an act of academic dishonesty has occurred are obligated to discuss the matter with the student(s) involved. Instructors should possess reasonable evidence of academic dishonesty. However, if circumstances prevent consultation with student(s), instructors may take whatever action (subject to student appeal) they deem appropriate. 3. Instructors who are convinced by the evidence that a student is guilty of academic dishonesty shall assign an appropriate academic penalty. If the instructors believe that the academic dishonesty reflects on the student's academic performance or the academic integrity in a course, the student's grade should be adversely affected. Suggested guidelines for appropriate actions are: an oral reprimand in cases where there is reasonable doubt that the student knew his/her action constituted academic dishonesty; a failing grade on the particular paper, project or examination where the act of dishonesty was unpremeditated, or where there were significant mitigating circumstances; a failing grade in the course where the dishonesty was premeditated or planned. The instructors will file incident reports with the Vice Presidents for Academic Affairs and for Student Affairs or their designees. These reports shall include a description of the alleged incident of academic dishonesty, any relevant documentation, and any recommendations for action that he/she deems appropriate. 4. The Vice President for Student Affairs shall maintain an Academic Dishonesty File of all cases of academic dishonesty with the appropriate documentation. 5. Student may appeal any actions taken on charges of academic dishonesty to the "Academic Appeals Board." 6. The Academic Appeals Board shall consist of faculty and at least one student. 7. Individuals may not participate as members of the Academic Appeals Board if they are participants in an appeal. 8. The decision of the Academic Appeals Board will be forwarded to the President of CSU Channel Islands, whose decision is final. Disability Accommodations: Cal State Channel Islands is committed to equal educational opportunities for qualified students with disabilities in compliance with Section 504 of the Federal Rehabilitation Act of 1973 and the Americans with Disabilities Act (ADA) of 1990. The mission of Disability Accommodation Services is to assist students with disabilities to realize their academic and personal potential. Students with physical, learning, or other disabilities are encouraged to contact the Disability Accommodation Services office at (805) 437-8510 for personal assistance and accommodations. Notice Information contained in this syllabus, other than that mandated by the University, may be subject to change with advance notice, as deemed appropriate by the instructor. ,-/378:dxyz𣖣rrre[rQh9mCJ_H aJhCJ_H aJh*?hOSCJ_H aJh*?h;CJ_H aJh<6CJ_H aJh*?hTMCJ_H aJh*?hCJ_H aJh*?hX_CJ_H aJ$h*?hX_56CJ\]_H aJh*?hBY5CJ\_H aJh<65CJ\_H aJh*?h(5CJ\_H aJh*?hX_5CJ\_H aJ9fyz$  >  & F x1$7$8$H$gdfK x1$7$8$H$gdfK 1$7$8$H$gdbxx1$7$8$H$gdb x1$7$8$H$gdNn x1$7$8$H$gd$x1$7$8$H$a$gdNn      # 5 C G { ~ µ暵|rdVdVdVdh*?h>*CJ_H aJh*?hX_>*CJ_H aJh*?CJ_H aJh*?hX_5CJ_H aJh*?hX_5CJ]_H aJh*?hM?CJ_H aJh*?hX_CJ]_H aJh*?hCJ_H aJh*?h]toCJ_H aJh*?hBYCJ_H aJh<6CJ_H aJh*?hX_CJ_H aJh*?h;CJ_H aJ    > ?  e f x  d e ?@PY 㹯㢯~qh*?hV CJ_H aJhV CJ_H aJh*?hNnCJ_H aJhfKhX_CJ_H aJhfKhfKCJ_H aJhfKCJ_H aJh*?hfKCJ_H aJh*?hX_5CJ\_H aJhbhX_CJ_H aJh*?hX_CJ_H aJh*?hX_>*CJ]_H aJ,>  f  d ?]xx1$7$8$H$gdfKx1$7$8$H$gdfK & F 1$7$8$H$gdfK 1$7$8$H$gdfK x1$7$8$H$gdfK & F 1$7$8$H$gd/a & F 1$7$8$H$gdfK ,-19Idfsuy\]+,TacoprĹīҞ~q~dWWMh/aCJ_H aJh*?hCJ_H aJh*?h<5CJ_H aJh*?hCJ_H aJh*?hX_6CJ]_H aJh*?hX_5CJ\_H aJhfKhNnCJ_H aJh47hNn>*CJ_H aJh9R>*CJ_H aJh47hX_>*CJ_H aJh*?hX_CJ_H aJh9RCJ_H aJh*?hV CJ_H aJhV CJ_H aJ]T Rk~o`x1$7$8$H$gd#3xx1$7$8$H$gdp d1$7$8$H$gdp d1$7$8$H$gd> x1$7$8$H$gd#3 x1$7$8$H$gd#3 x1$7$8$H$gd5@ xx1$7$8$H$gdbx1$7$8$H$gdfK Z^iw=FGJM̵tgh*?hiRCJ_H aJh*?hJ*JCJ_H aJh*?hX_5CJ\_H aJh*?hNnCJ_H aJh*?hOSCJ_H aJhOSCJ_H aJh*?hxCJ_H aJh#3CJ_H aJh/aCJ_H aJh*?h5@CJ_H aJh*?hX_CJ_H aJh*?hX_6CJ]_H aJ#   !"'(+:>R !-3;B !*hjkҾȾȾҝҐҐ҂tffYh*?hNnCJ_H aJh*?h T*>*CJ_H aJh*?h>*CJ_H aJh*?hX_>*CJ_H aJh*?hiRCJ_H aJhCJ_H aJh*?hgCJ_H aJh?CJ_H aJh#3CJ_H aJh/aCJ_H aJh*?hX_CJ_H aJh>CJ_H aJhj^CJ_H aJh*?h>CJ_H aJ"k'+149: '(27?㧚ukhMNCJ_H aJh/aCJ_H aJh*?h')CJ_H aJh*?hX_5CJ_H aJh*?hNnCJ_H aJhqCJ_H aJhCJ_H aJh*?hiRCJ_H aJh*?hCJ_H aJh*?hX_>*CJ_H aJh*?hX_CJ_H aJh*?hX_5CJ\_H aJ* J"$$C%T%&R(,(--zzzzz *Zx]^Zgd*?x1$7$8$H$gdfK x1$7$8$H$gdfKx1$7$8$H$gd#3xx1$7$8$H$gdqOsxx1$7$8$H$gd#3 x1$7$8$H$gd#3x1$7$8$H$gdqOs x1$7$8$H$gdqOs?Z] ![bchl  V Y r u v } ~  1!󿥿{m`Sh*?hqOsCJ_H aJh*?hJ*JCJ_H aJhMNh*?>*CJ_H aJhMNhMN>*CJ_H aJhMNhm>*CJ_H aJhMNhiR>*CJ_H aJhMNhiRCJ_H aJh*?hCJ_H aJh*?hiRCJ_H aJh*?h#3CJ_H aJh*?hMNCJ_H aJh*?hX_CJ_H aJh*?h')CJ_H aJ1!3!!!" " ""("J""""##;#<#@#A#L#Q#v#}####$$$$$wgZMh*?hX_CJ_H aJh*?h T*CJ_H aJh*?hX_5CJ\_H aJh*?hNnCJ_H aJhMN>*CJ_H aJhChMNCJ_H aJh*?hMNCJ_H aJhMNCJ_H aJh~8hqOsCJ_H aJhqOsCJ_H aJhMNhqOs5CJ_H aJh*?hqOsCJ_H aJhMNhqOs>*CJ_H aJhMNhqOsCJ_H aJ$$ %;%B%C%S%T%.../10171111ȸxgVJ?3?h*?hX_>*CJaJh*?hX_CJaJh*?hNn5CJaJ!hphX_56>*CJOJQJ!h*?hX_56>*CJOJQJh*?hX_>*CJOJQJ hfKhX_6B*CJaJph h*?hX_6B*CJaJphh*?h*?5CJ\_H aJh*?hX_5CJ\_H aJh*?h9RCJ_H aJh6CJ_H aJhqCJ_H aJh*?hX_CJ_H aJh9RCJ_H aJ--W...01711 $x@&gdpxgdpgdpxgdfK *Zx]^ZgdfK *Zx]^Zgd*?.:pX_/ =!"#$% ^ 2 0@P`p2( 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p8XV~_HmH nH sH tH @`@ NormalCJ_HaJmH sH tH J@J Y Heading 1$@&5>*OJPJQJaJDA D Default Paragraph FontRiR  Table Normal4 l4a (k (No List 4>4 YTitle$a$CJaJ6J6 YSubtitle$a$aJ0U0 Y Hyperlink>*B*PK![Content_Types].xmlj0Eжr(΢Iw},-j4 wP-t#bΙ{UTU^hd}㨫)*1P' ^W0)T9<l#$yi};~@(Hu* Dנz/0ǰ $ X3aZ,D0j~3߶b~i>3\`?/[G\!-Rk.sԻ..a濭?PK!֧6 _rels/.relsj0 }Q%v/C/}(h"O = C?hv=Ʌ%[xp{۵_Pѣ<1H0ORBdJE4b$q_6LR7`0̞O,En7Lib/SeеPK!kytheme/theme/themeManager.xml M @}w7c(EbˮCAǠҟ7՛K Y, e.|,H,lxɴIsQ}#Ր ֵ+!,^$j=GW)E+& 8PK!Ptheme/theme/theme1.xmlYOo6w toc'vuر-MniP@I}úama[إ4:lЯGRX^6؊>$ !)O^rC$y@/yH*񄴽)޵߻UDb`}"qۋJחX^)I`nEp)liV[]1M<OP6r=zgbIguSebORD۫qu gZo~ٺlAplxpT0+[}`jzAV2Fi@qv֬5\|ʜ̭NleXdsjcs7f W+Ն7`g ȘJj|h(KD- dXiJ؇(x$( :;˹! I_TS 1?E??ZBΪmU/?~xY'y5g&΋/ɋ>GMGeD3Vq%'#q$8K)fw9:ĵ x}rxwr:\TZaG*y8IjbRc|XŻǿI u3KGnD1NIBs RuK>V.EL+M2#'fi ~V vl{u8zH *:(W☕ ~JTe\O*tHGHY}KNP*ݾ˦TѼ9/#A7qZ$*c?qUnwN%Oi4 =3ڗP 1Pm \\9Mؓ2aD];Yt\[x]}Wr|]g- eW )6-rCSj id DЇAΜIqbJ#x꺃 6k#ASh&ʌt(Q%p%m&]caSl=X\P1Mh9MVdDAaVB[݈fJíP|8 քAV^f Hn- "d>znNJ ة>b&2vKyϼD:,AGm\nziÙ.uχYC6OMf3or$5NHT[XF64T,ќM0E)`#5XY`פ;%1U٥m;R>QD DcpU'&LE/pm%]8firS4d 7y\`JnίI R3U~7+׸#m qBiDi*L69mY&iHE=(K&N!V.KeLDĕ{D vEꦚdeNƟe(MN9ߜR6&3(a/DUz<{ˊYȳV)9Z[4^n5!J?Q3eBoCM m<.vpIYfZY_p[=al-Y}Nc͙ŋ4vfavl'SA8|*u{-ߟ0%M07%<ҍPK! ѐ'theme/theme/_rels/themeManager.xml.relsM 0wooӺ&݈Э5 6?$Q ,.aic21h:qm@RN;d`o7gK(M&$R(.1r'JЊT8V"AȻHu}|$b{P8g/]QAsم(#L[PK-![Content_Types].xmlPK-!֧6 +_rels/.relsPK-!kytheme/theme/themeManager.xmlPK-!Ptheme/theme/theme1.xmlPK-! ѐ' theme/theme/_rels/themeManager.xml.relsPK] )P k?1!$1 !"$%&> ]-1#'8@0(  B S  ?)/3Z Z&]&(()333333I I   "'(+:>RXXjj7?]]ru   __qqAABB&/)/))I I   "'(+:>RXXjj7?]]ru   __qqAABB&/)/)) 0Lr}$eR( WDz>*KnV Ds*rv@w Kvk(ik[hCZu2ihhhhhhh^`OJPJQJ^Jo(hH" h^`OJQJ^Jo(hHohp^p`OJQJo(hHh@ ^@ `OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHohP^P`OJQJo(hH^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.^`OJPJQJ^Jo(" ^`OJQJ^Jo(hHop^p`OJQJo(hH@ ^@ `OJQJo(hH^`OJQJ^Jo(hHo^`OJQJo(hH^`OJQJo(hH^`OJQJ^Jo(hHoP^P`OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHohp^p`OJQJo(hHh@ ^@ `OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHohP^P`OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHohp^p`OJQJo(hHh@ ^@ `OJQJo(hHh^`OJQJ^Jo(hHoh^`OJQJo(hHh^`OJQJo(hHh^`OJQJ^Jo(hHohP^P`OJQJo(hH  ^ `o(.h ^`OJQJo(h ^`OJQJo(oh pp^p`OJQJo(h @ @ ^@ `OJQJo(h ^`OJQJo(oh ^`OJQJo(h ^`OJQJo(h ^`OJQJo(oh PP^P`OJQJo( ik[V CZu K@rv*K K$Fg,dH.Odllҥt<H.fۚ_6q3t:@r@D`&[LʀLV֣!KА$:$LD#ط_[Fky[4)rܞ ̄.k|3)cbѼ®rIj J]G(F0]:6ZNg:JDM                 JDM                                   0/#38@V q T*<5<647u9?*?M?o?5@sFJ*JfKMNiR9ROSBY/a9mK+o]toqOsp@Ug6j^X_>](x')*bTMm;Nnb())@;;x;;)@UnknownG* Times New Roman5Symbol3. * Arial3* Times?= * Courier New;WingdingsA BCambria Math hƳfuF@#L@#L!24d))2 2qPJ 2!xxEconomics 111 Syllabus claudio paiva CSUCI User@         Oh+'0   @ L X dpxEconomics 111 Syllabus claudio paivaNormal 91Ƶ User24Microsoft Office Word@B@>{2@ۺx@ @#GxVT$mk  ,}&" WMFC[k lVT$m EMF; .'   % %  Rp@Times New Roman 8Ѫ Ԫ Ҫ O`2Ԫ Ѫ Ӫ Ԫ O`2Ԫ Ѫ jEU1Ѫ Ԫ !FU1XG* Times ew RomanԪ Ѫ PM1Ҫ Ҫ =RK1,Ҫ !dv% % %  TZ3@R@LhEconomics 111 7%*.+D% ***TTZ/3@R@LP-TT0ZD3@R@0LP TEZp 3@R@ELPrinciples of Macroeconomics3%.%.% +P*%%*%$*.+C% TTq Z 3@R@q LP TT Z 3@R@ LP-TT Z 3@R@ LP sTd ZA 3@R@ LTFall3*TTB ZV 3@R@B LP T`W Z 3@R@W LT200**)TT Z 3@R@ LP9*TT Z*3@R@ LP - % % % TT<H3@R@7LPC<Rp@Times New Roman 8Ѫ Ԫ Ҫ O`2Ԫ Ѫ Ӫ Ԫ O`2Ԫ Ѫ jEU1Ѫ Ԫ L*FU1XG* Times ew RomanԪ Ѫ PM1Ҫ Ҫ =RK1,Ҫ L*dv% % % TH= H3@R@=7*Lalifornia State University Channel Islands** .*.*%<.%%! %8.*..%! *.* % % % TT  H3@R@ 7LP nTT , H3@R@ 7LP - % % % T~J 3@R@LpDr. Claudio Paiva <%<*..*3***Rp@Times New Roman  pO`2ph TO`2ph jEU1hp FU1XG* Times ew RomanhPM1=RK1dv% % % TTK o 3@R@K LP % TTk3@R@XLP %!"  T73@R@ L`Lectures: 2%%)% T83@R@8 L`Tu and Th4)%)*4)TT3@R@LP TlR3@R@LX1:30 ***TXS3@R@SLPpm*?TT3@R@LP TT3@R@LP *TT3@R@LP TT93@R@LP2*TT:P3@R@:LP:TTQz3@R@QLP4*Td{!3@R@{LT5 pm**?TT"63@R@"LP Tx7 3@R@7L\at Bell%8%TT ' 3@R@ LP Tp(  3@R@( LXTower 4*:%Td  3@R@ LT2704****T`  3@R@ LT T  3@R@  LdFinal Exam: .)%3)&@Tl n 3@R@ LXDec 8<%%*TTo  3@R@o LP TT  3@R@ LP(@TT  3@R@ LPT4TT 3@R@ LPU<TX@3@R@LP),TTAT3@R@ALP @TTU~3@R@ULP1@*TT3@R@LP @TX3@R@LPpm)@TT3@R@LP TT<3@R@LP @*TT<P3@R@<LP @TTQz3@R@QLP3@*TT{3@R@{LP @TX3@R@LPpm*@TT3@R@LP @%!"  T2+3@R@|LlOffice Hours: Tu<%%<*)!4)TT,2@3@R@,|LP T|A2g3@R@A|L\4:30 pm ****?TTg23@R@h|LP *TT23@R@|LP T23@R@| L`5:30 pm; ****?T`2W3@R@|LTTh 4)TdX23@R@X|LT12:0***TX2* 3@R@|LP0 *&" WMFC oTT* 2U 3@R@+ |LP *TTU 2i 3@R@U |LP Txj 2{ 3@R@j |L\1:00 pm*)**?TX| 2 3@R@| |LP; T 2> 3@R@ |Lpand by appointment&)*+(%***)?&)TT? 2c 3@R@? |LP %!"  T*!3@R@LpOffice Location: <%%2*%%*)T+-!3@R@+LhSage Hall 2039.&)%<%****Td.!3@R@.LT T !3@R@LPhone: (805) 437 2684 E/)*)%****)**)**3TT  !3@R@ LP-T! #!3@R@! Lmail: claudio.paiva@csuci.edu?&%&)***%)%L& )%&*)TT$H!3@R@$LP %!"  % % % TT%3@R@pLP E- T3@R@LpCourse Description<*.% %<% %%.*.TT3@R@LP l- % % % TG3@R@bLStudy of the workings of the economy. Topics include national income accounting, business cycles, .)+(+)%;*)*) +)%&%*)+@(4**% )%)*%)%+)%)%+@%%%%**)))** )& &(&%  T3@R@ L`employment&?*+)@%*TT3@R@LP Thz3@R@ZLand unemployment, inflation, economic growth, financial institutions, fiscal and monetary %)**)&?++)@&)*%*)%%*)+@%)+;*)&)%%) ***  %%%)*?*)%%) T d3@R@Q Lpolicy, and international trade.**%(&)*)%)%*)%%*%T`(d3@R@QLT % % % T)d3@R@)Q L`Textbook: 4%)***)T2 d3@R@QLpHubbard & O Brien<)**%*@<8%)TT3 G d3@R@3 QLP TdH  d3@R@H QLT(200***TT  d3@R@ QLP8*TT ' d3@R@ QLP)TT( < d3@R@( QLP TT= W d3@R@= QLP-TTX l d3@R@X QLP Tm d3@R@m QLhMacroeconomicsJ%%*%$*)*@% '% Ld)Z])Z!??% ( TTd3@R@QLP.TTd3@R@QLP a% % % % T( 3@R@ LCourse Learning Objectives<*.% %7%*%..*A.%%*% TT( 3@R@ LP - % % % Tx] 3@R@ 2LStudents who successfully complete this course wil.)*&) ;)* )%%& !)(%+?+%%* %*) %;T ] : 3@R@ Lhl be able to: *%%*%*TT; ] _ 3@R@; LP %!"  % % % TT L 3@R@9 LP" Rp@"ArialH ,O`2 O`2 jEU1 \ FU1X3. * Arial`2`՟`2Tyx< C PM1=RK1<\ dv% % % TT J 3@R@9 LP y% % % TT LL 3@R@9 LPE3T\M H L 3@R@M9 -Lxplain the workings of the national economy )*%))%;*))* *)%*%*)%%%*)+@)TTI m L 3@R@I 9 LP %!"  % % % TTN  3@R@ LP" % % % TTN  3@R@ LP y% %&" WMFC O % TTN U 3@R@ LPD0 <TVN  3@R@V ^Lescribe and apply the scientific method to macroeconomic behavior and the institutions within % %*%%)*%**()% %&)%@%)***?%%*%%*)+?%*%)%)*%)*)%)!)** ;))!"  T  3@R@ Lwhich that behavior occurs ;*&))%*&)%)**%%) TT  3@R@ LP %!"  % % % TT k 3@R@X LP" L% % % TT i 3@R@X LP y% % % TT ck 3@R@X LPMJT\d ? k 3@R@dX -Leasure aggregate levels of economic activity %% )%%*)&)%%%)% *&%*)+?%%%))TT@  d k 3@R@@ X LP %!"  % % % TTn  3@R@ LP" c% % % TTn  3@R@ LP @y% % % TTn U 3@R@ LPD<TVn E 3@R@V Lxescribe the problems o% %*%)%***%@ *TFn P 3@R@F Lf unemployment and inflation ))&?++)@%*%)**&*)TTQ n u 3@R@Q LP f%!"  % % % TT + 3@R@ LP" %% % % TT ) 3@R@ LP )y% % % TT L+ 3@R@ LPE)3TM + 3@R@M ELvaluate the costs and benefits of alternative forms of public policy )%)&%)%%*  %)**%)& *%%)%)%*? +*)*%**%(TT ! + 3@R@  LP %%!"  T`  3@R@ LpIn addition, as a )%***)% %T` r 3@R@ L|General Education course<%)%%3*)&%*)%*) %Ts` 3@R@s L, this course also seeks to%* %*) %% *!%%) *TT ` 3@R@ LP:TT ` 3@R@ LP %!"  TT  3@R@ LP %!"  % % % TT | 3@R@i LP" % % % TT z 3@R@i LP ey% % % TT G| 3@R@i LPF.TtH 5 | 3@R@Hi 1Loster an ability to think clearly and logically; * %%)%*(*)))%%%(%)**)%&)TT6  Z | 3@R@6 i LP s%!"  % % % TT  3@R@ LP" % % % TT  3@R@ LP Ty% % % TT H 3@R@ LPPT/TI  3@R@I Lrepare students to find and cr%*%% )*%) *)*%)*%T 3@R@ Litically examine information; %%(&)&@)%**?%*)TT   3@R@ LP %!"  % % % TT <3@R@)LP" "% % % TT :3@R@)LP y% % % TT P<3@R@)LPC7TQ  <3@R@Q)CLommunicate at an appropriate level in both oral and written forms; c+@@*)%&%%%)%****%%%)%)**)*%%)*;&**? TT 3 <3@R@ )LP *%!"  % % % TT?3@R@LP" % % % TT?3@R@LP y% % % TT?T3@R@L&" WMFC /PA ;TU?3@R@UaLcquaint students with the physical universe and its life forms and to impart an understanding of %%+)%) )*%) ;))%**) %%*))% %%)* %*@ &)**?*%%)*)*% &**))*!"  T 3@R@:Lscientific methodology and of mathematical concepts and qu %%)%@%)*****(&)**@%)&?&%%%*)%%* &)***T 3@R@ Lxantitative reasoning; %)%)%%% ***)TT3@R@LP %%!"  % % % TT[3@R@HLP" I% % % TTY3@R@HLP ;y% % % TTP[3@R@HLPC7TQ [3@R@QHMLultivate through the study of philosophy, literature, languages, and the arts%))&%)***))% )+)**)* ***(%%)%%**)%*% %)*)%%!TT[3@R@HLP-OT [3@R@HL|intellect, imagination, )%%%@&))%*)!"  T^3@R@Lsensibility, and sensitivity, %* *(&)* &) ))TT^3@R@LP ~%!"  % % % TT3@R@LP" i% % % TT3@R@LP )y% % % TTU3@R@LPD<TV 3@R@VJLeal with human social, political, and economic institutions and their hist%%:))*@&) *%%**%%%)*%%*)+?%) )+) %)*)%* T 3@R@ L|orical backgrounds, with*%%*%%*)*)** :)TT3@R@LP %!"  TxH{3@R@hL\human B)*@&)8TI {3@R@Ih6Lehavior and the principles of social interaction, and %)&)*%)*)%*)&*% * *%%)%%%*)%)*TT . {3@R@ hLP %!"  % % % TT~3@R@LP" % % % TT~3@R@LP y% % % TT~53@R@LPI T|6~M3@R@6]Lntegrate their knowledge by forming an interdisciplinary and insightful approach to learning.*)%)%%)%*)+;%*)%+(*?*)%))%* %*)%(&**) )))%***%%)*%%)))TTN~r3@R@NLP l%!"  % % % TB3@R@L|My Approach to Teaching\O*<..%**%.*7%*%..*TTB3@R@LP >- % % % T 03@R@JLThe textbook provides the foundation for the course. However, my lectures 4)%%)***)**)*% )%**)*%*)*)%%*) %<+;%*%@)%%)% T 03@R@ Land assignments will also make %)*%! )*@&* ;% *@%)% Tt3@ 3@R@}1Lextensive use of  case studies based on current | %)%* )%* %*$%% %!)*%!%*% %**)%)%)TA 3h 3@R@A } L`and past %)**% Ti 33@R@i }3Leconomic, political, and social events as reported i%&*)+?%**%%%)* *%%&" WMFC &)%) % %**%* T{3@R@eLor discussed in reputable media outlets (the Wall Street Journal, The New York Times, The Economist, ** %) %*)%*)%*%@%*%*)% )%O%/%%!*))%4)%<&:<*)4?& 4)%3%*)+?  TP3@R@= LhCNN, etc.). 7<<%%TTP3@R@=LPTn4TTP3@R@=LPh@)TpP3@R@= Ldese reports % %%** T q P3@R@q= Lmay be discussed in class and/or?&)*%* %)! %*)%& %)**TT  P3@R@ =LP Td e P3@R@ =LTmay @&(T|f y P3@R@f =L\provide **)*%Tz tP3@R@z =Llthe context for )%%*)&)*Tu{P3@R@u= Lhhomework and 3**?':*)%)* TS3@R@Lhexam questions%)&?+)% +) TXS3@R@LP. % % % TS3@R@ LhMy main goal K(@%))*%TXS:3@R@LPis TT;SO3@R@;LP T`PS3@R@PLTto e*T|S3@R@L\give you))%(*)TTS3@R@LP RTS\3@R@<Lthe basic tools to understand, analyze, and form a critical )%*% %** *))*% &)*%)%(%%&)*+?%%%%'% LdG- !??% (  % % % Tx 3@R@2Lopinion about the main economic issues of our time**)*)%**))%@%)%%*)+@%! )& **)@%'% Ld !??% ( T  3@R@ Ll. In many insta;)@%*)* &T  3@R@ Lpnces we will also )%% ;%;% *Tx 3@R@ L\discuss* %*! TT3@R@LP )T#3@R@ L`the links )%*)  T1 o3@R@\9Lbetween economics, policies, politics, and social issues.*%:%&)%%*)+?& **%% **% %)* *%% !)& TT2 V o3@R@2 \LP % % % % T\O 33@R@"-LWhat should you do to succeed in this course?eS.* .*..**..** .%%%%... %*.% %+TTP | 33@R@P "LP - Rp@Times New Roman  pO`2ph TO`2ph jEU1hp ,FU1XG* Times ew RomanhPM1=RK1,dv% % % Th3@R@ LhCome to ClassL7*<%*7* % % % Tphq3@R@[L: Attendance is expected. Lecture will be your best source of information for this course. <%)*&)%% %)*%%%*2%%)%:*%(*)*%  *)%%***?%*)*) %*) %!"  T%3@R@ LdMissing clasJ *)%% TTt %3@R@,Ls means missing valuable discussion, quizzes @%&) @! )))%)%*%* &)! *)**%%% TTu  %3@R@u LP,TT  %3@R@ LP T0 %3@R@ &Land information regarding assignments.&)***?%+)%)%**)% !)*@&WMFC&) TT%3@R@LP %!"  % % % TY3@R@ LhRead the BookT3%***%2**%% % % TXY3@R@LP: TY3@R@ LdThe textbook4)%%)***)TTY3@R@LP TXY3@R@LPis TTY3@R@LP *TTY 3@R@,Lan extremely valuable source of information.%)%*&?%))&)%*% +)%%***?%+)TT Y 3@R@ LP T Y`3@R@ LYou are expected to read <*)%%%)*%%%**%%*!"  T3@R@Levery chapter covered in class l%)%(&)%*%%*)%%*)%% !TT3@R@LP *TT-3@R@LP T,. 3@R@.%Ldo not wait for specific assignments.)**)*:%* *%%%& )*@&) TT  3@R@ LP h%!" % % 666666666666666666666666666666666666 6 66 6  6 66 6  6 66 6  6 66 6  6 66 6 66666666666666666666  ."System--@Times New Roman---  2 zEconomics 111   2 zu- 2 zz 52 z~Principles of Macroeconomics    2 z>  2 zB- 2 zG 2 zKFall  2 zd 2 zh200l 2 z~9 2 z --- 2 CC @Times New Roman---J2 N*alifornia State University Channel Islands    --- 2 T  2 X ---&2 Dr. Claudio Paiva    @Times New Roman--- 2   2  ,'2 Lectures: 2 Tu and Th   2  2 1:30 s2 $pm 2 7  2 ; 2 B  2 F2 2 M: 2 R42 Y5 pm 2 w 2 {at Bellu  2  2 Tower  2 27042  42  Final Exam:   2 HDec 8  2 l  2 p( 2 uT 2 ~U 2 ), 2   2 1 2  2 pm 2   2  2   2 3 2  2 pm 2  ,'#2 Office Hours: Tu    2  2 4:30 pm   2 ( 2 / 2 3 5:30 pm;  2 mTh 0 2 12:02 0  2  2  2 1:00 pm  2 ; &2 and by appointment  2 c ,'%2 Office Location: t   2 Sage Hall 2039  2 K 22 ZPhone: (805) 437 2684 E  2 -72 mail: claudio.paiva@csuci.edu   2  ,'--- 2 * &2 ECourse Description   2 E ---2 ^bStudy of the workings of the economy. Topics include national income accounting, business cycles,     2 p employment   2 p 2 pZand unemployment, inflation, economic growth, financial institutions, fiscal and monetary      ;2  policy, and international trade.2 ? ---2 J Textbook: %2 Hubbard & OBrienn     2  2  (200 2 $8 2 ,) 2 1  2 5- 2 :  2 =Macroeconomics - @ ![J- 2 . 2  ---22 Course Learning Objectives     2 ; ---V2 2Students who successfully complete this course wil    2 l be able to:  2  ,'--- 2 @"Arial--- 2  --- 2 E O2 -xplain the workings of the national economy    2  ,'--- 2 --- 2  --- 2 D 2 ^escribe and apply the scientific method to macroeconomic behavior and the institutions within     ,'52 which that behavior occurs  2 g ,'--- 2 --- 2  --- 2 MO2 -easure aggregate levels of economic activity   2  ,'--- 2 --- 2  --- 2 D ,2 escribe the problems o 82 Pf unemployment and inflation    2   ,'--- 2 0--- 2 0 --- 2 0E s2 0Evaluate the costs and benefits of alternative forms of public policy   2 0W ,'&2 KIn addition, as a /2 KGeneral Education course  42 K, this course also seeks to 2 K: 2 K" ,' 2 \ ,'--- 2 m--- 2 m --- 2 mF U2 m1oster an ability to think clearly and logically; l 2 m ,'--- 2 ~--- 2 ~ --- 2 ~P 82 ~repare students to find and cr82 ~titically examine information;    2 ~' ,'--- 2 --- 2  --- 2 C p2 Communicate at an appropriate level in both oral and written forms; y    2 [ ,'--- 2 --- 2  --- 2 A 2 acquaint students with the physical universe and its life forms and to impart an understanding of    ,'b2 :scientific methodology and of mathematical concepts and qu   ,2 *antitative reasoning;  2  ,'--- 2 --- 2  --- 2 C 2 Multivate through the study of philosophy, literature, languages, and the arts 2 -/2 intellect, imagination,  ,'82 sensibility, and sensitivity,  2 a ,'--- 2 --- 2  --- 2 D z2 Jeal with human social, political, and economic institutions and their hist   /2 xorical backgrounds, with  2   ,'2 human B   \2 6ehavior and the principles of social interaction, and  2 , ,'--- 2 --- 2  --- 2 I2 ]ntegrate their knowledge by forming an interdisciplinary and insightful approach to learning.    2  ,'---.2 -My Approach to Teachingh    2 -0 ---z2 GJThe textbook provides the foundation for the course. However, my lectures    :2 GOand assignments will also make    U2 X1extensive use of case studies based on current 2 X and past X2 X3economic, political, and social events as reported n 2 jeor discussed in reputable media outlets (the Wall Street Journal, The New York Times, The Economist,            2 { CNN, etc.).   2 {T 2 {h2 { ese reports ;2 {) may be discussed in class and/or  2 { 2 {may 2 {provide #2 {@the context for 2 { homework and o   2 exam questions 2 . ---2  My main goal s  2 Dis 2 N 2 Qto v2 agive you 2  e2 <the basic tools to understand, analyze, and form a critical  - @ !----V2 2opinion about the main economic issues of our time   - @ !7-"2 . In many insta &2 nces we will also   2 discussu 2  2  the links a2 9between economics, policies, politics, and social issues.   2  ---O2 -What should you do to succeed in this course?     2  @Times New Roman---2  Come to Class   ---2 [: Attendance is expected. Lecture will be your best source of information for this course. g    ,'2  Missing clasM2 ,s means missing valuable discussion, quizzes   2 , 2  D2 &and information regarding assignments.   2  ,'---2  Read the Book  ---2 : 2  The textbook  2 6 2 :is 2 D M2 H,an extremely valuable source of information.   2 V 12 ZYou are expected to read ,':2 *every chapter covered in class  2 *@ 2 *H C2 *K%do not wait for specific assignments..   2 *' ,'--՜.+,0 hp  CSU Channel IslandsL) Economics 111 Syllabus Disability Accommodations: QCal State Channel Islands is committed to equal educational opportunities for quQInformation contained in this syllabus, other than that mandated by the Universi Title Headings  !"#$%&'(*+,-./0123456789:;<=>?@ABCDEGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}~Root Entry Fr 1Table)Z8WordDocument0PSummaryInformation(F@DocumentSummaryInformation8CompObjy  F'Microsoft Office Word 97-2003 Document MSWordDocWord.Document.89q