Macroeconomics
GEIG1410, Summer 2024 (July 15 - August 16)
Instructor Information
Lecturer: TBA
Email: TBA
Office hours: by appointment
Overview
This course introduces macroeconomics to the student by providing a description of the different theories behind macroeconomic phenomena. Emphasis is placed upon the topics of scarcity, the market system, the private and public sectors, national income accounting, the foreign exchange market, unemployment, inflation, aggregate demand and expenditure, macroeconomic policy, economic growth and globalization.
Credits
4
Contact hours
60
Required Text(s):
Principles of Macroeconomics, Gregory Mankiw, Cengage Learning Publishing, 7th edition. (2015).
Grading Policy
Your grade will be based on quizzes, presentation, exams, and attendance.
Quizzes: Two quizzes 20%
Exams: Two exams 60%
Presentation: One presentation 10%
Attendance: 10%
TOTAL 100%
Quizzes:
For this five-week course, there will be two Quizzes. Each quiz will test students on the material covered after the previous quiz or exam. Each Quiz is worth 10%.
Exams:
Exam 1 will be held at the end of Week 2. Exam 2 will be held at the end of Week 5. Each Exam is worth 30%.
Presentation:
Students will be required to have an individual presentation. Each week, there will be a discussion around the materials covered in the week. Presentation can be conducted through the semester but no later than the 5th week. Topics can be chosen from the 60 topics (15 chapters) in our lectures.
This presentation is due, and it is to be presented in discussion session on the day after which the chosen topic is revealed. Each student is given 5- 10 minutes to present and answer clarification and other substantive questions from the audience (TA and other students). More information on this will be provided in the class. It is worth 10%.
Attendance:
Attendance is taken by every Friday’s meeting. It is worth 10%. Attendance scores are not awarded on Exam days.
Grading Scale
Letter Grade |
A+ |
A |
A- |
B+ |
B |
B- |
C+ |
C |
C- |
D |
E |
X |
Scores |
90-100 |
85-89 |
80-84 |
77-79 |
73-76 |
70-72 |
67-69 |
63-66 |
60-62 |
40-59 |
1-39 |
0 |
Academic Honesty
Feng Chia University defines academic misconduct as any act by a student that misrepresents the student’s own academic work or that compromises the academic work of another. Scholastic misconduct includes (but is not limited to) cheating on assignments or examinations; plagiarizing, i.e., misrepresenting as one’s own work any work done by another; submitting the same paper, or a substantially similar paper, to meet the requirements of more than one course without the approval and consent of the instructors concerned; or sabotaging another’s work within these general definitions. Instructors, however, determine what constitutes academic misconduct in the courses they teach. Students found guilty of academic misconduct in any portion of the academic work face penalties that range from the lowering of their course grade to awarding a grade of E for the entire course.
Tentative Course Schedule
Week |
Topics |
Note |
Week 1 |
1- 12 |
Quiz 1 |
Week 2 |
13-24 |
|
Week 3 |
25-36 |
Midterm |
Week 4 |
37-48 |
Quiz 2 |
Week 5 |
49-60 |
Final |
Chapters
1. Thinking Like an Economist
2. Comparative Advantage
3. Supply and Demand
4. Spending, Income, and GDP
5. Inflation and Price Level
6. Wages and Unemployment
7. Economic Growth
8. Saving, Capital Formation, and Financial Markets
9. Money, Prices, and Intermediaries
10. Short-Term Economic Fluctuations
11. Spending, Output, and Fiscal Policy
12. Monetary Policy and Federal Reserve
13. Aggregate Demand, Aggregate Supply, and Business Cycle
14. Macroeconomic Policy
15. Exchange Rate, International Trade, and Capital Flows
(*) This schedule is subject to change with notice of the instructor.
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