11fallRD1120

11fallRD1120 - 1 Economics 1120 Course Outline and Reading...

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1 Economics 1120 Course Outline and Reading List Fall 2011 Lecture Date Topic Reading 1. Aug. 24 Introduction: What is Economics? Chap. 1 2. Aug. 29 The US Economy - An Overview Chap. 2 3. Aug. 31 Supply and Demand Chap. 3 4. Sep. 5 Using Supply and Demand Analysis Chap. 4 5. Sep. 7 Why Worry About Macroeconomics? Chap. 5 6. Sep. 12 Measuring National Income Chap. 6 Assignment – Using the data for GDP per capita at http://www.economagic.com/ popular.htm find out how much output per person has grown from the year you were born compared to now 7. Sep. 14 Unemployment and Inflation Chap. 7 Assignment – Using the data for the CPI at http://www.economagic.com/popular.htm - find out first how much a dollar is worth today compared to the month you were born and second what the average annual rate of inflation over that period has been 8. Sep. 19 Equilibrium and the Macroeconomy Chap. 8 9. Sep. 21 Fiscal Policy and the Role of the Government Chap. 9 Assignment – Do the “Penny Game” at
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11fallRD1120 - 1 Economics 1120 Course Outline and Reading...

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