Econ 102: Intermediate MacroeconomicsGeorgetown UniversitySpring 2011(Last Update: 01/12/2010)Instructor:Jinhui Bai, ICC 557, 202-687-0935, [email protected]Teaching Assistant:Richard Loeser ([email protected]); Zipeng Zhou ([email protected])Time and Location:T, TH, 8:50 - 10:05am, ICC 115.Instructor O¢ ce Hours:Monday 3:00 - 4:00pm or by appointment, ICC 557.TA O¢ ce Hours:Monday, 6:00-7:00pm (Zipeng), 7:00-8:00pm (Richard), 2nd Floor of LibraryThursday, 3:00-4:00pm (Richard), 4:00-5:00pm (Zipeng), 2nd Floor of LibraryPrerequisites and Recommended Background: Micro Principle, Macro Principle andUnivariate Calculus are required. A background in Intermediate Micro (Econ-101 or 103) ishighly recommended, although not required.Course Description:The goal of the course is to develop a coherent theoretical frameworkfor thinking about the determination of macroeconomic variables such as national output,unemployment, interest, in°ation, government debt, money and banking. This theoreticalframework is used to interpret macro data and to analyze macro policy. After completingthe course, students should be able to think critically about macroeconomic problems. Thecourse will NOT cover materials of international trade and ±nance.Textbook and Author:Macroeconomics, 7th Edition, by Andrew Abel, Ben Bernanke andDean Croushore, Pearson-Addison-Wesley Publishers, 2011 (ISBN-10: 013611492X, ISBN-13: 9780136114925, ).This book is available at GeorgetownUniversity Bookstore.The earlier (6th) edition is equally acceptable.I have put severalbooks on reserve in the library.Course Website:Georgetown University Blackboard () andlog in with your university netid.I will post class announcement, lecture notes (slides),problem sets, answers to problem sets, and additional readings there.Additional Readings:The course will follow the textbook closely. Because the lecturescover only the key points of each of the chapters, reading and studying the textbook in atimely fashion is an essential part of the course.