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PRINCIPLES OF MACROECONOMICS ECON 2105-97132 (2 p.m. Class) March 05, 2013 Instructor: Dr. Levent Bulut Office: Brooks Hall, #506 E-Mail: bulut@uga.edu Phone: 706-542-3488 Lectures: Tue & Thu: 2:00 p.m.-3:15 p.m. Room: Miler LC # 101 Regular Office Hours: Tuesday: 4:00 p.m.-5:30 p.m. & Thursday: 9:45 a.m.-10:45 a.m. or by appointment. Virtual Office Hours: Thursdays: 10 p.m. 11 p.m. Attention Please: The course syllabus is a general plan for the course; deviations announced to the class may be necessary. We will use eLC for syllabus updates, making announcements, distributing course materials, recording and distributing grades, communications, chat, etc. You can access this portal through https://www.elc.uga.edu/ Course Description: Some basic questions we will try to find an answer in this course are: What really does the gross domestic product (GDP) measure? How to measure the cost of living and how it deteriorates through time? What long-run growth is and how it determines a countrys standard of living? Why price stability is preferred to inflation or deflation? Why we have ups and downs in the economy and what role do the policy makers take in stabilizing the economy? How unemployment moves over the business cycle? How economists use aggregate measures to track the performance of the economy? Why policymakers who control aggregate demand face a trade-off between inflation and unemployment? Prerequisite: There is no prerequisite for this course. Main Textbook: Macroeconomics in Modules by Paul Krugman; Robin Wells; Margaret Ray; David A. Anderson. ( Second edition, 2012 Worth Publishers). I will follow the book however the material covered in each module can vary depending on the progress of individual class sessions. There might be some updates and changes in the list as we go along. Please refer the syllabus posted on eLC as the last updated one. I will complement the book with additional material, such as lecture notes, slides and data. Additional material will be available on the course web-page on eLC. Below is a list of options you have to get a copy of the textbook. Version ISBN Note Paperback ISBN-13:978-1- 4292-8729-6 www.worthpublishers.com or UGA bookstore Loose-Leaf ISBN-13:978-1- 4292-8974-0 www.worthpublishers.com or UGA bookstore E-books (A PDF-style e- Book or a Worth Interactive e-Book) ISBN-13:978-1- 4292-9072-2 http://ebooks.bfwpub.com/krugmanwells_ modules_macro.php Rent used or new UGA bookstore Used textbook various websites Grading: Imaginary Checking Account An imaginary checking account is already opened for each student who registered for this class at an imaginary bank called InYourDream (IYD) Bank. Everyone starts with a balance of $0.00 and throughout the semester your performance in online quizzes, exams, and in- class activities will be rewarded with imaginary class dollars and that money will be deposited to your account. Your end of semester account balance will determine your course grade. determine your course grade.... View Full Document

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