Economics 112:000, Principles of Macroeconomics
Department of Economics, Emory University
Spring 2012, MWF 2:00-2:50
Prof. Sara Markowitz
Rich Memorial Building Room 306G
Phone: 404-712-8167
Email: sara.markowitz@emory.edu
Office hours: Monday, Wednesday, Friday 9:30am-10:30 and by appointment.
Teaching Assistant
Josh Robinson
Rich Memorial Building Room 310
Email: jjrobi2@emory.edu
Course Description: This course is designed to introduce students to the basic operations of the
US economy. The student will learn economic theory as it pertains to the macroeconomy. This
theory will be discussed in the context of current and historical events.
Prerequisites:
ECON 101, Principles of Microeconomics
Required Text:
Tucker, I. Macroeconomics for Today. 6th or 7th edition. South-Western.
Aplia: http://econ.aplia.com. Your aplia registration comes with the ebook of Tucker.
Course Requirements and Grades:
Aplia homework assignments
10%
Exam #1
Exam #2
Best two of three exams, 60% (30% each)
Exam #3
Final exam: REQUIRED
Important Dates:
February 13:
March 5:
April 2:
May 9:
30%
Exam 1
Exam 2
Exam 3
Final Exam (4:30-7:00 PM)
Homeworks:
Homework assignments will be available through the Aplia web site (http://econ.aplia.com).
You must purchase access to the web site. Homeworks must be completed by the due date.
There will be no late homeworks and no exceptions. I will drop the two lowest homework
grades.
1
Classroom Policies:
1. There will be no make up exams under any circumstances.
2. Three exams plus the final exam will be given during the semester. The student may drop
the lowest grade of the first three exams. The final exam must be taken. If you miss the
final, you will get a zero for that exam and this will go into the calculation of your semester
grade. There will be no make up exams for the final.
3. If you miss the final but took the first three exams, I will NOT allow you to use the first three
exams towards your grade. You must take the final and it will be included in the calculation
of your semester grade.
4. Cell phones must be turned off during class.
5. Anyone using the testing services of the Office of Access, Disability Services and Resources
must schedule exams at least 1 week prior to the exam, and preferably earlier. The spaces
fill up quickly.
Honor Code:
I expect you to abide by the Emory University Honor Code. You can find it on the web
(http://college.emory.edu/current/standards/honor_code.html).
Course Outline:
CHAPTER
TOPIC
2
Scarcity and Choice, Production Possibilities
5
Gross Domestic Product
6
Business Cycles and Unemployment
7
Inflation
8&9
Keynesian Model
10
Aggregate Supply and Demand
11 & 12
The Government and Fiscal Policy
13
The National Debt
14
Money and the Federal Reserve System
15
Money Creation
16
Monetary Policy
18
International Trade
2
How to access your Aplia course
Markowitz, Principles of Macro (Tucker 7e) SP 2012
Instructor: Sara Markowitz
Start Date: 01/16/2012
Course Key: LWST-WYC3-YFRJ
Registration
Aplia is part of CengageBrain, which allows you to sign in to a single site to access your
Cengage materials and courses.
1. Connect to http://login.cengagebrain.com/
2. If you already have an account, sign in. From your Dashboard, enter your course
key (LWST-WYC3-YFRJ) in the box provided, and click the Register button.
If you don't have an account, click the Create a New Account button, and enter
your course key when prompted: LWST-WYC3-YFRJ. Continue to follow the onscreen instructions.
Payment
Online: Purchase access to your course (including the digital textbook) from the
CengageBrain website.
Bookstore: Purchase access to Aplia from your bookstore. Check with the bookstore to find
out what they offer for your course.
After paying, you will have the option to purchase a physical book at a discounted price. If
you choose to pay later, you can use Aplia without paying until 11:59 PM on 02/05/2012.
3