Spring2012Lee321_01 - Intermediate Macroeconomics...

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Intermediate Macroeconomics 220:321:01 Location Time: CA - A4, 9:50-11:10 am, Monday and Thursday. Instructor: Professor Jae Won Lee, JWLEE@econ.rutgers.edu Teaching Assistant: Nga Nguyen, nganguyen@econ.rutgers.edu O¢ ce Hours: NJ hall 417, Thursday 3:00-5:00 pm Course Objective: To understand (i) the dynamics of the key aggregate variables such as the GDP, in±ation, (un)employment, interest rates, aggregate consumption/investment, exchange rates, trade balance both in the short run and in the long run . (ii) the welfare consequences of movements of the aggregate variables. (iii) the desired government policies . Economics Department Standard Learning Outcomes: This class analyzes general equilibrium models of a monetary economy. Along the way, a student should gain a thorough understanding of the IS/LM model, the e²ect of monetary and ³scal policy on output and prices, the factors e²ecting economic growth, and issues related to the long-run solvency of the ³scal sector. Prerequisites: Intro to Microeconomics (220:102), Intro to Macroeconomics (220:103), Calculus I (640:135 or 640:151, or equivalent) Required Textbook: 1. Mankiw, N. Gregory, Macroeconomics, 7th Edition, Worth Publishers (6th edition is Okay) 2. Kaufman, Roger T., Student Guide and Workbook for use with Macroeconomics by Mankiw Grades: The course grades will be based on three midterm exams and a ³nal exam. Midterm I: 100 (20%), TBA (regular class hours)
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This note was uploaded on 02/15/2012 for the course ECON 321 taught by Professor Sani during the Spring '08 term at Rutgers.

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Spring2012Lee321_01 - Intermediate Macroeconomics...

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