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Department of FinanceDr. Tayyeb ShabbirSum I, 2019FNCE 101: Monetary Economics and Global EconomyFNCE 613: Macroeconomics and Global Economic EnvironmentClass Meeting Information: JMHH 370 M/W 9:00 am – 12:30 pmInstructor Office/Hours:2429 SHDH; Mondays and Wednesday 3:30 p.m. – 5:00 p.m.Email:[email protected]TA Office Hours:Ewelina Zurowska; 2425 SHDH; 2:30 p.m. – 3:30 p.m. on Tue & Th.Email:[email protected]Objective of the Course:The main objective of the course is to provide essential analytical tools that will allow acomprehension of the core theoretical ideas in Monetary and Macroeconomics and their policyapplications. The classroom lectures and discussions will describe the workings of the relevant markets –the labor, the goods, the assets and the foreign exchange markets. The course will primarily focus on thenature of the business cycle, its determinants and, in particular, the role of monetary and fiscal policiesboth domestically as well as in a global context, with a special emphasis on the 2008 Global FinancialCrisis and its aftermath. Students are encouraged to read publications such as the Wall Street Journal, TheEconomist and The Financial Times to stay abreast of the relevant domestic as well as globalmacroeconomic and monetary developments.Course Material and Resources:Text Book and MyLab Econ (MLE):The following course material is required. It may be purchased at the Penn Bookstore as a singlepackage. One may choose between the eText version (Option 1) and the Loose-leaf print version(Option 2) – both versions will have the Access codes for MyLab Econ (MLE) that we will use inthis course. (I will post the instructions to register for MLE as an Announcement in Canvas).Thus, one may choose one of the following packages:Option 1- eText Packaged with MyLab Econ (MLE):MyLab Econ (MLE) with eText, 10thed. = ISBN 9780135160510(Textbook Ref.: Macroeconomics 10th edition by Abel at al.)Option 2:
MyLab Combo Card (MLE with eText, 10th ed. + optional loose leaf print upon student request directfrom Pearson – allow a few days of delivery time for the loose-leaf to arrive after your order) = ISBN9780135634912(Textbook Ref.: Macroeconomics 10th edition by Abel at al.)If you have any difficulty locating the package of your choice, please check with the Bookstore’sTextbook Manager or email me at[email protected].Incidentally, just for your reference, the formal description of the textbook alone is as follows:Macroeconomics by Abel, Bernanke and Crushore. Prentice Hall/Pearson. 10/e, 2020.It is recommendedthat the students purchase only the latest edition.Online Resources:oCanvas Course Site:I will post all lectures and other relevant course material (includingassignment deadlines etc.) on Canvas. Since it will be the essential dashboard fornavigating the course, please set your Canvas notifications settings to ASAP. It will beyour responsibility to be aware of all Canvas posts in a timely manner.

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