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assign14 - 1 Intro Macro Assignment 14 N. Sheflin NOTES...

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1 I n t r o M a c r o N . S h e f l i n Assignment 14 NOTES Macroeconomic Issues and Controversies – Government Deficits, Stabilization. Evolution of Macroeconomics and Macroeconomic ‘Schools’, A ‘Practical’ takeaway, and a critique of contemporary macroeconomics. Overall, a review, and pulling together of lots that we have already done. Also Investment Game Round 5 – A quick look at derivatives. END OF SEMESTER AND FINAL EXAM INFORMATION LAST CLASS – Tuesday 12/13 o Investment Game ends at market close on Friday 12/10 Results and Prizes Tuesday 12/13 in class HELP/INFORMATION FOR THE FINAL EXAM o Review Guides and Essential Questions – will be under RESOURCES/Final Exam Related on Sakai by 12/13 o Final Exam Question Board in Sakai will be available by 12/13 o Study Groups -- Discussion Boards for arranging study groups will be available by 12/13 o Question And Answer Session – tba likely 12/21 THREE COURSE EVALUATIONS/SURVEYS/POSTTEST – LATER - 1 EXTRA CREDIT points for completing all 3 ; 0 points for less 1. Official University Course Evaluation – Available through Sakai starting 12/13 2. My Course Evaluation in Sakai – due by midnight the day of the final exam 3. My POST TEST in Sakai - due by midnight the day of the final exam FINAL EXAM Thursday December 22 8-11am College Avenue Gymnasium **NOT** our regular room FINAL EXAM CONFLICTS – see me first week of December with printed schedule showing your name, listing your courses, and showing their scheduled final exam times (go to http://finalexams.rutgers.edu ) “A student shall be said to have an exam conflict if that student has: More than two (2) exams on one calendar day. More than two (2) exams scheduled in consecutive periods. (E.g.: a student has exams scheduled for 4:00 - 7:00 PM and 8:00 - 11:00 PM on one day and 8:00 - 11:00 AM on the following day.) Two exams OFFICIALLY scheduled for the same exam period.” THERE ARE NO MAKEUP FINAL EXAMS UNLESS THERE IS AN OFFICIAL CONFLICT OR OTHER VERIFIED EXTREME CIRCUMSTANCE. OTHERWISE, THE FINAL EXAM MUST BE TAKEN AT THE SCHEDULED TIME READING Rittenberg chapter 12 – just the first and last sections (GOVERNMENT AND THE ECONOMY and ISSUES IN FISCAL POLICY), chapter 11 – just the second section on PROBLEMS AND CONTROVERSIES OF MONETARY POLICY, chapter 17 And http://en.wikipedia.org/wiki/United_States_federal_budget (skim) Blinder: “Is There a Core of Practical Macroeconomics That We Should All Believe?” www.econ.jhu.edu/. ../Is ThereACoreofPracticalMacroeconomicsThatWeShouldAllBelieve .pdf
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2 And Krugman, How Did Economists Get It So Wrong? http://www.nytimes.com/2009/09/06/magazine/06Economic- (if you can’t read it there, try this: http://www.slideshare.net/hmadkur/how-did- economists-get-it-so-wrong ) If you have much time and interest, here is a rejoinder to Krugman:
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assign14 - 1 Intro Macro Assignment 14 N. Sheflin NOTES...

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