Economics 102
Principles of Macroeconomics
Fall 2000
Section 2: MWF 2:10 PM, Curtiss Hall 127
Section 3: MWF 3:10 PM, Food Science Building 2432
Instructor:
Office:
Telephone:
Office Hours:
Teaching Assistants
Name
Email Address
Manish Bhatt
manish@iastate.edu
Wei Ding
dingwei@iastate.edu
Kwang-sig Lee
ecophy@iastate.edu
Kelvin Tan
kelvint@iastate.edu
Aparna Solanki aparna@iastate.edu
Economics Help Room:
Amani E. Elobeid
460C Heady Hall
515-294-6237
MWF 1:00 PM – 2:00 PM
Office and
Telephone No.
326 Curtiss Hall/
294-4864
279 Heady Hall /
294-5438
B11 Curtiss Hall /
294-5694
311 Curtiss Hall /
294-4813
69 Heady Hall /
294-5051
Office Hours in 301 Curtiss Hall un
stated otherwise
12:00 - 2:00 PM Mondays
1:00 - 2:00 PM Wednesdays
2:00 - 5:00 PM Tuesdays in 279
Heady Hall
9:00 - 10:00 AM Mondays
9:00 - 11:00 AM Wednesdays
8:30 - 11:30 AM Mondays
2:30 - 3:30 PM Tuesdays
2:00 - 3:00 PM Wednesdays
9:00 - 10:00 AM Fridays
301 Curtiss Hall
Telephone: 294-1599
MWR: 8:30 AM – 5:00 PM
T: 8:30 AM – 7:00 PM
F: 8:30 AM – 4:00 PM
Use the Economics Help Room or contact your teaching assistant if you have problems
completing your homework.
NO MAKEUP EXAMS!!
There will be three in-class exams and a comprehensive final. Everyone must take the
final exam but the two best scores out of the three in-class exams will be used to
determine your overall grade. I recommend that you take all three in-class exams. The
two best scores of the in-class exam are each worth 25 percent of your final grade and the
final exam will account for 30 percent of your final grade. The exams will consist of
multiple-choice questions, and five to six short-answer questions or two essay questions.
The grading scale for the exams will depend on the performance of the class in general.
Depending on the grades of each exam, I may or may not grade on a curve.
There will be 6 to 7 homework assignments (depending on how much of the syllabus we
are able to cover) that are worth 20 percent of your grade. As the semester progresses, I
may give you voluntary mini-assignments to do for extra credit. You can hand these in at
any time to receive extra credit.
Due dates for homework assignments will be announced in class and will be posted on
the Department of Economics Webpage (www.econ.iastate.edu/ Click on Fall 2000
Classes, then on Econ 102 Principles of Macroeconomics and then on Amani El Obeid).
Completed assignments should be returned in class on the due date. If you fail to submit
more than two homework assignments you will receive an F for the homework portion of
your grade. The teaching assistants will conduct homework help sessions (apart from the
Economics Help Room) for students who have difficulty completing their assignments or
have questions on the material.
Homework assignments, homework/exam solutions and exam and homework grades will
be posted on the Department of Economics Webpage (www.econ.iastate.edu/ Click on
Fall 2000 Classes, then on Econ 102 Principles of Macroeconomics and then on Amani
El Obeid).
Class Attendance: There will be no roll calls for attendance. However, you are
responsible for all material and all announcements presented in class. There may be
some material that I will cover in class that will not be in the book so it is imperative that
you keep good lecture notes. I will not have lecture notes available. Please note that this
is not a Web class so I might announce things in class that will not be posted on the Web.
You are responsible for any announcements made in class even if they are not posted on
the Web.
Syllabus
Required Text: Michael Parkin, Macroeconomics, Fifth Edition, Addison-Wesley, 2000.
Recommended: Mark Rush, Study Guide: Macroeconomics, Fifth Edition, AddisonWesley, 2000.
CD ROM, “Economics in Action, 5.0.” Available with the required text.
PLEASE NOTE THAT YOU DO NOT HAVE TO BUY THE ENTIRE (NEW)
PACKET. YOU CAN BUY A USED TEXTBOOK IF AVAILABLE.
Lecture Schedule
Chapters 1-4 Introduction and Overview
Chapter 5
A First Look at Macroeconomics
Chapter 6
Measuring GDP, Economic Growth, and Inflation
Chapter 7
Measuring Employment and Unemployment (Exam I)
Chapter 12
Expenditure Multipliers
Chapter 8
Aggregate Supply and Aggregate Demand (Exam II)
Chapter 13
Fiscal Policy
Chapter 14
Money
Chapter 15
Monetary Policy (Exam III)
Chapter 9
The Economy at Full Employment
Chapter 11
Economic Growth