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Syllabus for Econ 1A_07

Syllabus for Econ 1A_07 - San Jos State University Spring...

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San José State University Spring 2011 ECON 1A, Principles of Macroeconomics Section 07 Course Code 20383 Lecture Section 08 Course Code 20384 Aplia Activity Instructor: Joanna Sobala Office Location: DMH 143 Contact information [email protected] Office Hours: Mo We 12:00 – 1:00 pm and by appointment Class Days/Time: Mo We 10:30AM – 11:45AM Classroom: Dudley Moorhead Hall (DMH) 358 Faculty Web Page and Aplia Course Materials Copies of the syllabus may be found on my faculty web page accessible through the Quick Links>Faculty Web Page links on the SJSU home page. The syllabus, major handouts, or links to external articles will be posted on aplia under Course Materials. Please check the aplia Course Materials and Announcements sections regularly. Course Description This course is an introduction to the fundamental principles of economics and to the economic way of thinking. We will cover key economic concepts and topics such as opportunity cost, the role of incentives, gains from trade, supply and demand and the determination of economic aggregates such as total output, total employment, the price level and the rate of economic growth Course Goals and Student Learning Objectives Students will be encouraged to use the economic way of thinking to analyze human behavior, to critically approach economic and political news and to make a better sense of the world around them. The Economics Department emphasizes an understanding and application of the following principles/concepts as student learning objectives: 1. Incentives Matter: role of self interest, marginal costs & marginal benefits 2. Opportunity Cost: trade-offs, production possibilities, comparative advantage, gains from trade 3. Supply and Demand: the S&D model and its application in analysis of public policy and macroeconomic aggregates (loanable funds market, aggregate supply, aggregate demand model, demand and supply of money). 4. Macroeconomic Measures (real versus nominal calculations; GDP and its components, unemployment figures; inflation) 5. Economic Growth: factors of production, savings and investment, productivity ECON 1A, Principles of Macroeconomics, Spring 2011 Page 1 of 6
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Required Textbook Gregory Mankiw, Principles of Macroeconomics , Fifth Edition, South-Western Cengage Learning, 2008. This course requires an online subscription to Aplia ( www.aplia.com ) which includes access to online textbook. (See Aplia Registration and Payment Instructions sheet.) Additional Readings/Materials I Pencil , by Leonard E. Read http://www.econlib.org/library/Essays/rdPncl1.html “Parable of the Broken Window” by Frédéric Bastiat http://en.wikisource.org/wiki/That_Which_Is_Seen,_and_That_Which_Is_Not_Seen Ted talk “Bjorn Lomborg sets global priorities” and Ted talk “Alex Tabarrok on how ideas trump crises” ( http://www.ted.com/talks/tags/id/108/page/1 ) Other additional readings/materials may be assigned and made available by the instructor. Check aplia for
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Syllabus for Econ 1A_07 - San Jos State University Spring...

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