RUTGERS UNIVERSITY, THE STATE UNIVERSITY OF NEW JERSEY

Department of Economics --CCAS

Macroeconomics Principles (Subject: 220 Course: 106 Section: 01), Fall 2003

Prof. Yamada

Office: Room ATG. #330

Tel: 856-225-6025

TA: Chia-Ching Chen, M.A. cc2004@columbia.edu

Class Room Armitage 212 Tuesday and Thursday (3:00 PM- 4:20 PM)

Office hours: Tuesday and Thursday

(10:00AM–11:00AM; 12:20PM-1:20PM; 4:20PM–5:20PM or by appointment)

General Course Objective:

Upon completion of the course, each student will:

1. Understand the economy of the United States--its strength and weakness.

2. Analyzes inflation, recession, unemployment, and national output.

3. Identify level of income, US government monetary and fiscal policies.

4. Describe international operation of the U.S. economy.

5. As its primary goal, the course is intended to provide students with a thorough foundation in general economics.

Textbook:

Robert Hall and Marc Lieberman, Macroeconomics: Principles and Applications (Second Edition), South-Western College Publishing, 2003.

Content Outline

	Topics	Chapters
1.	Economic system, problems and structures	1-2
2.	Demand, supply and market	3-4
3.	National output, productivity, unemployment and inflation	5-6
4.	Long-run macroeconomics and economic growth	7-8
5.	Short-run macroeconomics and economic fluctuations	9-10
6.	Money supply, demand for money and interest rate	11-12
7.	Aggregate demand & supply	13
8.	Inflation and monetary policy	14
9.	Fiscal policy	15
10.	International economics	16
11.	Stock market and macro economy	17

Course Requirement:

1. TESTING: Ten examinations will be given; quizzes and homework are included. The examinations will be announced approximately one week in advance. Make-ups will not be given unless the instructor is consulted in advance and permission is given or unless extraordinary circumstances arise (as judged by the instructor) which prevent advance contact.

2. CLASS ATTENDANCE AND PARTICIPATION:

I expect you to attend class regularly. It has been my experience that students who miss classes generally have great difficulty in learning the material. Class participation is directly factored into the final grade and it will also be considered in borderline cases.

3. TIMELY COMPLETION OF ALL ASSIGNMENTS:

I accept your assignments by hand in the class. Don’t submit your assignments by email.

Grading

60% - Examinations

30% - Attendance/Participation

10% - Paper/Report

Note to Students:

To obtain maximum benefit from the course you should do the assigned readings prior to the class and attend the lectures. Specific questions and dates for quizzes, and homework will be given in conjunction with the topics. Academic honesty shall be maintained in accordance with University policy.

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This page was last updated on 06/24/2003