ECO102 - Principles of Microeconomics - Syllabus

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SYLLABUS

ECO 102 Instructor: Suchismita Tarafdar


Principles of Macroeconomic Spring 2022

Office: D132C
E-mail: [email protected]
Office hours: Friday 1.30pm -3.30pm
Wednesday 12pm -2.00pm
Other times by appointment.

CLASS DETAIL:

Class Location: MS Teams


Class Meeting Times: WF

COURSE MATERIAL:

1. Textbook: Principles of Macroeconomics by G. Mankiw

ASSIGNMENTS:

There will be 5 homework assignments. The homework assignments are for you to
comprehend the material better. These will not be graded but it is paramount that you
work out the assignments.

EXAMS:

There will be five in class exams. The Dates for which are as follows:
Exam 1: February 11 th 2022
Exam 2: February 25th, 2022
Exam 3: April, 1st, 2022
Exam 4: April 15th, 2022
Exam 5*: April 29th, 2022 (Final Exam)
*Exam 5 may be scheduled in the final exam week if required.

NO MAKE-UP EXAMS WILL BE GIVEN UNDER ANY CIRCUMSTANCES.

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GRADING POLICY: The course evaluation will be based in class exams. Each
exam has a weight of 20 percent.

STRATEGIES FOR BEING A GOOD STUDENT:

We want you to learn economics. We are here to help you, but you must take the
initiative to take advantage of the help we are trying to provide. If you want to
succeed, here are some suggestions:

1. Practice. Read your text, try the exercises at the end of the.
2. Attend class.
3. Study every day. Don’t leave it to the last minute.
4. Ask questions. If you have any questions you can ask them during class, or
come to my office hours to talk about them.

ACADEMIC DISHONESTY POLICY:

“All students assume as part of their obligation to the University the responsibility to
exhibit in their academic performance the qualities of honesty and integrity. All forms
of students’ dishonesty, including cheating, fabrication, facilitating academic
dishonesty and plagiarism are subject to disciplinary action.” In this course, I will
adopt the following policy. All participants involved in any academic dishonesty or
attempts at dishonesty pertaining to an examination will result in an automatic course
grade of “F”.

CLASS SCHEDULE AND READINGS:

The following provides a guide of the list of topics to be covered and associated
readings. It is an approximate one and subject to change as the session progresses.

PART I. Introduction.
1. Introduction

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2. Gains from Trade
3. International Trade

PART II. Macroeconomics Basics


1. National Income Accounting
2. Cost of Living

PART III. The Real Economy in the Long Run


1. Production and Growth
2. Unemployment

PART IV. Money and Prices in the Long Run


1. Monetary Policy
2. Money Growth and Inflation

PART V. The Macroeconomics and Open Economies


1. Open Economy Macroeconomics: Basic Concepts
2. A Macroeconomic Theory of the Open Economy

PART VI. Shortrun Economic Fluctuations


1. Aggregate Demand and Aggregate Supply
2. Effect of Monetary and Fiscal Policy on Aggregate Demand

Topics to be covered on each Exam will be announced in class in due course.

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