University of California, Irvine
Department of Economics
Economics 100 B:
Intermediate Economics II
Class: MWF 8:00 – 9:50
MWF 9:00 - 9:30 am and by appointment
Office: SSPB 1264
This course is the second of three-course sequence in intermediate economic theory.
First we will complete the
material in microeconomics.
The major topics of discussion in this part will be economic decisions under market
power, markets for factor inputs, general equilibrium, and market interventions.
The second part of the course will
concentrate on the macroeconomic issues such as measure of economic indicators and indices, determinants of
business cycles, an the role of monetary and fiscal policies in smoothing business cycles.
Economics at this level uses numbers, graphs, and equations to communicate economic theories and concepts.
Although I will minimize the use of mathematics in teaching this course, there is no way to avoid the use of
numbers, graphs, and mathematical relations in teaching process.
Therefore, I will assume that students are familiar
with line graphs (time-series plot), descriptive statistics, data transformation, and calculus of optimization.
advise you to review the following topics before the first day of the class: Market analysis including demand-supply,
equilibrium, demand-supply shifters, market adjustments, and circular flow model.
The textbooks for the course are
by Pindyk and Rubinfeld (7th edition), Prentice Hall 2007, and
by Olivier Blanchard (fifth edition), Prentice Hall, 2007.
These textbooks are to serve as the point
of departure for lectures and some of the homework exercises and tests. In addition, lecture notes, practices, and
homework assignments will be posted at the course site.
You are required to be sufficiently familiar with the topics