Economics 353 Lecture 1

Economics 353 Lecture 1 - Economics 353: US Economic...

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Economics 353: US Economic History Welcome
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Your Professor Warren Sanderson SBS N-631 632-7552 Office hours: Monday 2:30-3:30pm Thursday 4:30-5:30pm Specialty: Economic Demography
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Textbook, Key Pad, Wall Street Journal (all required) Textbook: New Economic View of American History by Atack and Passell Keypad: CPS RF clicker from Einstruction Wall Street Journal One semester subscription
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Wall Street Journal We are suffering from the Great Recession. The Recession appears to be over, but the possibility of a 2 nd dip remains. You are now owners of General Motors. History is being made every day now.
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News Congressional Budget Office (CBO) estimates the US Federal Government deficit next year at $1.35 trillion or 9.2% of GDP!!!! Almost a tenth of our GDP comes from money that the Federal Government borrows. From whom?
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News Ben Bernanke’s confirmation as chairman of the Federal Reserve System (FED) is being contested in the Senate. Bernanke was nominated by Obama. Is Bernanke a Republican or a Democrat?
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News One probably theme for this semester will be the 1937 syndrome.
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Grading 2 midterms and a final exam. 30 percent for each midterm. Extra credit: daily questions. 40 percent for final. There will be a practice exam before the 1 st midterm, but not the others or the final.
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Some time during most classes, I will stop the lecture for a moment and ask a question about the last lecture. 5 wrong answers or no answers will be ignored. Wall Street Journal articles will be
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This note was uploaded on 09/20/2011 for the course ECO 353 taught by Professor Johnrizzo during the Spring '11 term at SUNY Stony Brook.

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Economics 353 Lecture 1 - Economics 353: US Economic...

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