Quizzes will be based on the materials learned in class and the problem set Out

Quizzes will be based on the materials learned in

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posted a week before. Quizzes will be based on the materials learned in class and the problem set. Out of the 6 quizzes, the 5 best results will be counted for 35% of your grade (7% each). Evaluation: There will be a midterm and a final exam. The midterm will be in class on Wednesday 2/27 and will count for 30% of your grade. The final exam is cumulative and will count for 35% of your grade. The final exam date follows the university exam schedule. The time and location will be announced later. Course Outline: (3-4 lectures per each topic) 1. Introduction Mankiw, chapters 1, 2 2. Production, income, and expenditures Mankiw, chapter 3 3. Money and inflation Mankiw, chapter 4, 5 4. Growth: Capital accumulation Mankiw, chapter 8, appendix to chapter 9 5. Growth: technology and institutions Mankiw, chapter 9 Midterm exam (February 27, in class) 6. Unemployment Mankiw, chapters 2.3, 7 7. The short run: aggregate demand
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Mankiw, chapters 10, 11, 12 8. The short run: aggregate supply, the Phillips curve, and expectations Mankiw, chapter 14 9. Fiscal policy and consumption Mankiw, chapters 16, 19 Final exam : Topics 1-9 Dates: We follow the university undergraduate class schedule (1/7-4/27). We will not have class on 1/21 (Martin Luther King Day), 3/11-3/16 (Spring Break). Purdue Honor Pledge: By taking this course, you agree to the Purdue Honor Pledge: “As a boilermaker pursuing academic excellence, I pledge to be honest and true in all that I do. Accountable together - we are Purdue.”
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