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Econ2 Syllabus

This document provides an overview and outline for a macroeconomics course. The course will focus on key macroeconomic variables and their relationships. Students will analyze macroeconomic data and history. Assessment includes homework, a midterm, and a final exam. The instructor is Ryuichi Yamamoto and classes will be lecture-based. Required readings include a principles of economics textbook and posted materials. Topics range from measuring economic growth to monetary and fiscal policy.

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98 views3 pages

Econ2 Syllabus

This document provides an overview and outline for a macroeconomics course. The course will focus on key macroeconomic variables and their relationships. Students will analyze macroeconomic data and history. Assessment includes homework, a midterm, and a final exam. The instructor is Ryuichi Yamamoto and classes will be lecture-based. Required readings include a principles of economics textbook and posted materials. Topics range from measuring economic growth to monetary and fiscal policy.

Uploaded by

賴維浩
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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Principles of Economics (Undergraduate)

Department of International Business,


National Chengchi University
Spring 2010
Ryuichi Yamamoto
Class Hours:

Instructor: Ryuichi Yamamoto Email: [email protected]


Office: Research Building 608
Teaching Assistant: TBA Office Hours: By Appointment or
Drop in whenever

******************************************************************************
OVERVIEW: This is the second part of an introductory economics course. This semester
focuses on macroeconomics. Macroeconomics is the study of the economy as a whole, and
examines the determinants of macroeconomic variables and relations among those variables. The
typical variables we will focus on economic growth, inflation, saving, investment, current
account, exchange rate, and so on.
In this course we develop frameworks for understanding macroeconomics in the long and short
runs. You will use these tools to come to understand the macro history and current position of a
country that interests you. You will also learn how to interpret macro data, skills that are hugely
important for jobs in policy and finance.
******************************************************************************
Course Work: The course will be lecture based. I will post all lecture notes and readings (except
books’ chapters) to our course website.

Grading: Class Participation: 10%


Homework 15%
1 Midterm: 30%
1 Final exam: 45%

Homework Assignments
Purpose: review what we learn in the class and provide practice in applying concepts learned
in class. You can’t learn without practice.
 Doing homeworks is important for getting good scores on the exams.
 Those questions are assigned beforehand.
 Write up your answers individually. This should ensure you understand your answers.
 I will collect your answers, i.e., your assignments will be graded for your final grade. I will
give you the answers after each deadline.
 The homework questions should be considered as sample questions for the exams.

One Midterm and one Final Exam


Purpose: Help you become sufficiently comfortable with key concepts that you can think
with them and converse intelligently about them.

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 Closed book: You must remember certain key things.
 All are in-class tests.
 All tests will be cumulative. Cumulative tests provide opportunities to learn the material
more deeply, and commit it to long-term memory.
 Some of the questions in a midterm and final exam will be from homeworks while some of
them will be from lectures.
 You will have a Mid-term exam on April 20. YOU MUST BE THERE. NO
EXCEPTIONS except for dire medical emergencies.
 The dates for the final exam will be announced later.
 Final exam: It is a comprehensive final exam jointly held with the students of other
introductory economics classes. There is no alternative.

Class Participation:
Participation in class discussion is critical. This does not require that you stun your classmates
with insight. Sharing relevant experiences is very valuable. Clarification questions are also
highly valued (if it’s not clear to you, chances are it’s not clear to others). Good class
participation also involves (i) arriving on time, (ii) remaining seated until class is over, and (iii)
remaining quiet and attentive unless contributing to class discussion.

Class Mailing List


Once you register for this class, you are automatically included to the list. You will receive all
emails sent through the mailing list. However, you may not receive any as a result of some
restrictions on receiving emails. In particular, please remove some if your registered email
address is the one of hotmail or yahoo.
******************************************************************************
==============================================================
Some Things You Must Do
Attend every single class.
Participate in class discussions (intelligently!).
Language of instruction for this class is English. You have to write all of your answers and
talk to me in English.

Some Things You Must NOT Do


Collaborate on the exams.
Quote your group-mates or anyone else on homework assignments. Though you may
collaborate on coming to understand the answers, the actual written answers to assignments must
be composed independently.
===============================================================
*****************************************************************************
READINGS:
 Required book: Gregory Mankiw, Principles of Economics, Fifth edition, Thomson South-
Western, 2007. You can buy it through Hwa Tai Publishing (www.hwatai.com.tw or
[email protected]).

 The course notes can be downloaded at:

http://elearn.cc.nccu.edu.tw/

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 Read strategically! Part of your education here concerns time management.
 If the problem sets are a breeze, don't spend much time on text chapters.
 Before looking at an article ask yourself: What am I supposed to learn from this? How is
this article related to what was covered in class on this topic? Most key lessons can be
summarized in a few sentences.

******************************************************************************
******************************************************************************

COURSE OUTLINE

Topics: Mankiw’s Chapter(s)


1) Factor market 18
2) Frontier of Microeconomics 22
3) Measuring a nation’s income 23
4) Measuring the cost of living 24
5) Production and growth 25
6) Saving, investment and the financial 26
system
7) Unemployment 28
8) The monetary system 29
9) Inflation 30
10) Open economy macroeconomics 31-32
11) Aggregate demand and supply 33
12) Monetary and fiscal policy 34
13) Phillips curve 35

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