<p> ECON 202 Spring 2017, 10 AM M-Th Macroeconomics Donald Perry Office Hours: Tu, Th 11-12 or by appointment</p><p>Useful links: 1. Class materials (lecture notes, additional reading materials) a. http://facweb.northseattle.edu/dperry/econ202 b. CANVAS 2. Questions/illness/missing class a. [email protected] (put Econ 202 in subject line)</p><p>What you will need:  Access to http:\facweb\northseattle.edu\dperry\econ202 and/or CANVAS  Canvas provides access to: o Weekly homework assignments . Usually due on Sunday, at the end of week following lectures covering the material o Grades o Announcements from me! o Access to recent economic news articles o Access to supplemental learning materials, e.g., practice quizzes</p><p> http:\facweb\... and CANVAS provide o Getting started materials o Weekly calendar o Power point slides for the lecture notes o Access to supplemental learning materials, e.g., practice quizzes</p><p>RequiredText: Principles of Macroeconomics, 7th edition, N. Gregory Mankiw</p><p>Useful links:  Course Syllabus (facweb) o Course structure, objectives, assigned readings, exam dates, grading criteria o getting started folder . Econ202 Syllabus Spring 2017.doc . Course calendar o Lecture notes (power point slides) – Organized by week and chapter</p><p>1 Course Outline Weeks 1-2: (Ch.1-5) 1. Demand and Supply Curves a. Models of consumer(demand) and firm(supply) behavior b. Factors that shift demand and supply curves c. Price sensitivity (elasticity) of demand and supply curves</p><p>Weeks 3-5: (Ch. 6, 9-12) 1. Government intervention: taxes, subsidies and minimum wage legislation – impact on unemployment (Ch. 6) 2. International Trade (Exports and Imports – gains from trade) (Ch. 9) 3. Macro foundations: GNP, Cost of Living, Productivity (Ch. 10-12)</p><p>Weeks 7-8: (Ch. 13-17) 1. Macro models: Savings/Investment, Monetary Growth and Inflation, 2. Macro foundations: Unemployment, Monetary System</p><p>Weeks 9-11 (Ch. 20-23, Krugman, Friedman) 1. Classical and neo-Keynesian Models (Ch. 20) 2. Monetary and Fiscal Policy (Ch. 21) 3. Monetarists and Rational Expectations (Ch.22) 4. Five Policy Debates (Ch. 23)</p><p>Required Text: Principles of Microeconomic, N. Gregory Mankiw, 7th edition</p><p>Goals: 1. Understand basic microeconomic and macroeconomic theory, such as the factors that affect demand and supply, identify the market incentives for consumers and suppliers and how it affects their behavior, and how these markets are affected by government intervention and policy. Also, how macroeconomic models aggregate markets in order to examine GNP, unemployment and inflation. 2. Be able to apply these tools to perform critical analyses of current economic issues, such as identify the correct market structure used to analyze a given economic problem, analyze proposed market failure solutions and identify strengths and weaknesses of each approach.</p><p>2 Grading:</p><p>You final grade will be determined by: 1. 2 in-class exams(50% total; 25% each) 2. final exam (35% ) 3. Regular weekly homework assignments (15%)</p><p>Your final grade will be based on the total number of points from 1) assigned homework, 2) two quizzes and 3) the final exam). </p><p>Your grades during the course of the quarter can be found at in Canvas</p><p>Exams</p><p>Both of the in-class exams will consist of approximately 25 multiple choice questions and 4 short answer questions and will take about 50 minutes. The final exam will last 90 minutes and will consist of 30 multiple choice and 6 short answer questions. The multiple choice questions will be answered in pencil using SCANTRON cards and can be purchased at the Bookstore. You will be responsible for purchasing the SCANTRON card prior to the exam. </p><p>Quiz dates (on-line in Canvas)</p><p>Final Exam dates: Final Exam 6/14 – Ch. 16, 17, 20-22 @10:30-12:00</p><p>Homework</p><p>Assigned homework can be found in Canvas</p><p>Extra Credit</p><p>Extra credit can be earned through doing a 3-5 page paper on an “approved” (by me) economic topic. The paper should consist of: 1) a clear statement of the economic problem you are examining; (2) a brief survey of the published literature discussing the topic, and (3) your analysis and conclusions regarding the topic. Your topic will have to be submitted by the end of the 4th week and approved by the 5th week. The paper will be due at the end of the 9th week. You will receive a grade (on a 4.0 scale) for the paper that will be averaged into the calculation of you final course grade.</p><p>Cheating</p><p>Cheating on any of the exams will not be tolerated. A first offense will result in a score of 0 points for the exam and you will not be allowed to drop this exam from your final grade computation. Subsequent cheating will result in failure of the course.</p><p>3 The slides for the lectures and your quiz/exam and final grades will be available at http://facweb.northseattle.edu/dperry/econ202</p><p>Accomodations</p><p>Students with disabilities who believe that they may need accommodations in this class are encouraged to contact Disability Services as soon as possible to ensure that such accommodations are implemented in a timely fashion. You may make an appointment with Disability Services by calling 527-3697 or stopping by the DS office on the 2nd floor of the Campus Center. </p><p>4</p>