Identification Subject (code, title, credits) Department Program (undergraduate, graduate) Term Instructor E-mail: Phone: Classroom/hours Prerequisites Language Compulsory/Elective Required textbooks and course materials Course website Course outline Course objectives Learning outcomes Teaching methods Evaluation ECON 202 Principles of Macroeconomics - 3KU/6ECTS credits Economics and Management Undergraduate Fall 2015 Jeyhun Mammadov jeyhun.mammadov@hotmail.com 41 Mehseti str.(Neftchilar campus), Khazar University , Room # 408, Monday 12:10 – 15:00 Thursday, 14:00 to 16:00 in office # or by appointment Office hours MATH 101Calculus I/ECON 101 Introduction to Business English Compulsory N. Gregory Mankiw. “Macroeconomics” 7th edition, 2010 The course provides an understanding of the analytic methods of macroeconomics. Students should examine models explaining fluctuations in national income, unemployment, price levels, GNP, monetary issues, limitations and applications of these models. To equip the students with the main principles and methods of macroeconomics. Students should be able to understand and describe the concepts and measurement of gross domestic product, unemployment, and inflation; the difference between business cycles and economic growth; the concept of macroeconomic equilibrium; how aggregate demand and aggregate supply determine equilibrium price and output in the short-run and long-run. x Lecture x Group discussion x Experiential exercise x Case analysis Simulation Course paper Others Methods Date/deadlines Percentage (%) 25 Midterm Exam Case studies 10 Class Participation 25 Assignment and quizzes Project Presentation/Group Discussion 40 Final Exam Others 100 Total Week Policy Date/Day (tentative) 1 2 3 4 5 6 14.09.15 21.09.15 28.09.15 05.10.15 12.10.15 19.10.15 Tentative Schedule Topics The Science of Macroeconomics The Data of Macroeconomics National Income: Where It Comes From and Where It Goes Money and Inflation The Open Economy Unemployment Textbook/Assignments Ch. 1 Ch. 2 Ch. 3 Ch. 4 Ch. 5 Ch. 6 7 8 9 10 26.10.15 02.11.15 09.11.15 16.11.15 11 12 13 14 15 23.11.15 30.11.15 07.12.15 14.12.15 21.12.15 Economic Growth I Ch. 7 Midterm Exam Holiday Economic Growth II. Introduction to Economic Fluctuations Aggregate Demand I Aggregate Demand II Aggregate Demand in the Open Economy Aggregate Supply Stabilization Policy, Government Debt, and Budget Deficits Final Exam This syllabus is a guide for the course and any modifications to it will be announced in advance. Ch. 8 Ch. 9 Ch. 10 Ch. 11 Ch. 12 Ch. 13 Ch. 15, 16