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syllabus - Kenyon College Department of Economics Economics...

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Kenyon College Department of Economics Economics 202, Macroeconomic Theory Spring 2008 Mr. Melick Office Hours Office: Ascension 306 9:15-11:15 am M,W,F Office Phone: 5291 and by appointment Home Phone: 427-2071 Email: [email protected] Course Description This course is a theoretical and applied study of the long-run level and growth of national income, as well as the determination of prices, interest rates, unemployment rates, and exchange rates both in the short-run and long-run. The course will consider these approaches and also emphasize the micro-economic foundations of macroeconomic theory. Government is active in the management of both domestic and international aspects of the macroeconomy, and the course will consider current public-policy issues. As time permits, diverse schools of macroeconomic thought, distinguished by theoretical concepts, priorities in performance goals, and empirical evidence, will be considered. Prerequisites: ECON 101, ECON 102, and ECON 201, or permission of the instructor. Texts (available in the bookstore) Required Abel, Andrew B., Ben S. Bernanke, and Dean Croushore Macroeconomcs , (Boston, MA: Pearson Addison Wesley, Sixth Edition 2008). Course Requirements A. Comprehensive Final Examination: The exam will be written so as to be finished in roughly two hours, although students will have three hours to complete the exam. The date and time of the exam is shown on the attached Course Outline.
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