Lecture 1

Lecture 1 - Econ101 MarekKapicka...

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Click to edit Master subtitle style Econ 101 Marek Kapicka Lecture 1 Introduction
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Econ 101 n Econ 101 is an intermediate course in  macroeconomics n Prerequisites: Econ 100A (Econ100B  recommended)
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What is macro? n Models  built to explain macroeconomic questions. n Why some countries are rich and other countries poor? n Can poor countries become rich and vice-versa? n Why are there severe recessions like the recent one, with  businesses and jobs disappearing? n What are the consequences of a “fiscal stimulus”? n What causes inflation? n Focus   on n long run growth n business cycles
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Administration n Classes: MW 11:00-12:15 n My email: mkapicka@econ.ucsb.edu n Office hours: MW 9:00-10:00, NH 3052 n Course homepage: http://econ.ucsb.edu/~mkapicka/E101.html
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Administration n Textbook: Williamson: Macroeconomics   4th edition Addison Wesley, 2010
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Administration n 5 problem sets n 4 best ones count n 20 %  of the final grade n iClicker n 10 %  of the grade  n Midterm (April 27, in class) n No make-up n 25 %  of the final grade n Closed book, closed notes n Final (June 9)
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Administration n TA’s n Elizabeth Asche (witham@econ.ucsb.edu, office hours: TBA) n Allison Bauer (bauer@econ.ucsb.edu, office hours: TBA) n Charles de los Reyes (charlesdelosreyes@umail.ucsb.edu, office hours: TBA)
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Lecture 1 - Econ101 MarekKapicka...

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