EC104PrinceWilliamSyllabus - Course Syllabus for Economics...

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Course Syllabus for Economics 104: Macroeconomics Scott Beaulier [email protected] Econ. 104 Spring, 2003 Course Meeting Time: Tuesday, 4:30-7:10 pm Location: Prince William Campus, Room 220 Office Hours: I promise to be available from 2 pm until 4:30 pm on Tuesday afternoons. Since I don’t have office space, you will be able to find me in the Prince William library. If this time is inconvenient, feel free to make an appointment with me for an alternative time and/or location. Overview: A little over ten years ago, Bill Clinton defeated George Bush Sr. by pointing out that “It’s the economy stupid!” Clinton and Bush had decidedly different positions on what factors mattered in an economy’s performance. What was true for Clinton and Bush is true to a much greater extent for academic economists in general. It is the subject matter of macroeconomics that leads the layman to think that economists disagree. This course will steer you through the turbulent waters of macroeconomics. I will try to show you that there is more coherence and agreement in macroeconomics than many people believe, but we’ll also spend plenty of time on the disagreements. Throughout this story, we will be primarily concerned with the factors that make the economy go— gross domestic product, inflation, unemployment, and trade. In addition, we will spend some time on economic development, globalization, and the role of international lending institutions. More generally, you will be taught to extend simple supply and demand models to better understand history, current global trends, and many popular economic fallacies. Prerequisites: I hope that many of you have taken EC103: Microeconomics. It is not a prerequisite, but it might be helpful. Fortunately for those of you who have not taken EC103, there will be a brief review of the material covered in that class to bring you up to speed. Throughout the semester, I will assume that you can handle basic graphical analysis and some algebra. Required Texts: N. Gregory Mankiw Principles of Macroeconomics (2 nd ed.) William Easterly The Elusive Quest for Growth (MIT Press) This class is concerned with the overall economy of the United States and other countries. I highly recommend you try to stay in tune with what is going on with the U.S. economy and the economies of developing countries.
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This note was uploaded on 09/09/2010 for the course ECO 11230 taught by Professor Dr.nogara during the Fall '10 term at St.Francis College.

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EC104PrinceWilliamSyllabus - Course Syllabus for Economics...

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