аЯрЁБс>ўџ MOўџџџLџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџџьЅС7 јПЯbjbjUU "B7|7|ГџџџџџџlЄЄЄЄєєє@@@8xŒTПxь"$$$>@@@@@@$7 W"ndєџdуЄЄ$$лyууу(Є8$є$>у>уŽуqвмєњ$р  cдзWШ8 @+(ъњD0ПђХ"SХ"њуЄЄЄЄйEcon 111 Principles of Macroeconomics Mon. 6p – 8:50p Instructor: Andrea Lehman Office: Sage Hall Room 2042 E-mail:  HYPERLINK "mailto:andrea.lehman@csuci.edu" andrea.lehman@csuci.edu Office Hour: Mon. 5pm before lecture Required Text: Case and Fair, 8th edition, Principles of Macroeconomics. DateTentative ScheduleAssignmentsJan. 28thCh. 1 – 4, Micro ReviewFeb. 4thCh. 5 – 6, Macro Intro.HW 1 dueFeb. 11thCh. 14, Labor MarketsHW 2 dueFeb. 18thCh. 7HW 3 dueFeb. 25thCh. 8HW 4 dueMarch 3rdCh. 9HW 5 dueMarch 10thMidterm ExamMarch 17thSpring BreakMarch 24thCh. 10 - 11, MoneyMarch 31stHolidayApril 7thCh. 12HW 6 dueApril 14thCh. 13, AD & ASHW 7 dueApril 21stCh. 20, Open EconomyHW 8 dueApril 28thCh. 15, Macro IssuesGroup project reports due.May 5thCh. 19, Remaining DebatesIn-class presentations. May 12thFinal Exam 7pm - 9pm Learning objectives: Distinguish macroeconomic from microeconomic themes. Identify the components of national income and the various methods for computing national income. Analyze labor markets, unemployment, and links to the aggregate economy. Predict the effects of government policy changes on aggregate economic behavior. Describe the role of money in the economy and predict the effects of changes in the relative scarcity of money. Analyze the implications of an open, international economy. Identify the purpose and effects of fiscal and monetary policy. Attendance: Attendance is not mandatory, though it is highly recommended. The reading schedule provided is tentative, with updates on chapters and sections covered provided in class. Homework solutions will be covered in class, as well as introducing supplemental material to the text. If you are unable to attend, I recommend borrowing notes from a classmate. While in class, cell phone texting, surfing the Net, and video gaming are not acceptable as they are distracting to others. Academic Ethics: Cheating of any type is unacceptable and will be dealt with to the full extent of university policy. While there is a group project where students are expected to collaborate, remaining assignments and exams are to be the work of individual students with appropriate citation of any outside source used. Homework Assignments: There will be eight homework assignments during the semester, nearly one every week. The assignments will be posted on Blackboard by the Tuesday following lecture, and will be due at the beginning of the next lecture. A hard copy must be submitted (no e-mail) and no late assignments will be accepted. If you are unable to attend lecture, assignments can be placed in my department mailbox before lecture or submitted by a classmate. Assignments will be comprised of a selection of different types of exercises designed to reinforce and extend the economic principles covered in class. Homework will be graded based on completeness and evidence of effort, as well as correctness. Group projects: Groups will be assigned randomly later in the semester after the midterm. The project involves an analysis of a given commodity and its economic impact in terms of U.S. trade. The group will submit a written report (2 –3 pages) and an in-class presentation (5 - 10 minutes) at the end of the semester. Reports will be due April 28th with presentations on May 5th. Exams: Exams will be given in class. No calculators or cell phones will be allowed. Students will be allowed to bring one index card (3” by 5”, both sides) of notes. Completing the homework assignments will give you a good idea of what to expect on exams. Questions and problems will be in a variety of formats such as multiple choice, matching, graphical analysis, true-false, and short answer. I recommend completing homework assignments without the aid of a calculator in order to refresh your mathematical skills and practice for the exams. Due to issues of fairness, no make-up exams will be given. Grades: Homework 25% Group Projects 15% Midterm exam 25% Final exam 35% Final course grades will be assigned according to the following curve: A 6% B+ 12% C+ 15% A- 6% B 12% C 15% B- 12% C- 15% D and F 7% This curve will only be used to raise students’ grades. In the event that everyone in the class performs at a higher level, this curve will not be used. For example, if everyone earned at least 90% of the class points, then everyone would receive an A. 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