ECON 202 Introduction to Macroeconomics Spring 2016 Don Perry What You Need to Know - Tools Text: Macroeconomics – Greg Mankiw (ver 7) Ebook (with access code) or hard copy Publishers software – Aplia homework, exams, gradebook Will need access code (bookstore or on-line) Grace period (free) starting 4/4/2016 until 4/24/2016 Bundled with and without text at the bookstore At the Bookstore Accessing Materials on Aplia 1. How to access your Aplia course – copy the url into your browser http://login.cengagebrain.com/course/(course key code – see handout) If you already have a Cengage account, Login with the email address and password you used previously If you don't have an account, click the Create an Account button, and enter your course key when prompted. 2. Free (grace period): 4/4 – 4/24 What You Need to Know - Tools http:\facweb\northseattle.edu\dperry\econ202 Organized by week 1. Each weekly folder 2. Lecture notes 3. Relevant articles Overview of What We Will Be Doing Microeconomic fundamentals necessary for Macro models I. Demand and Supply Taxes and their effects International Trade Macroeconomic Fundamental Concepts II. GNP, Cost-of-Living metrics, Unemployment Savings and Investment, Monetary System, Money Growth and Inflation III. Macroeconomic Models Classical, Keynesian, Monetarists/Rational Expectations, neoKeynesians Modeling policy impacts: monetary and fiscal policy Impact of government intervention – should it? Grades – How Will They Be Determined? Three Components to Your Grade Calculation Homework and Class Participation (20%) 1. Assigned weekly, available in Aplia (mostly) Three exams (65% each) 2. (20%) Week 4 – Chpt. 1-4,6-9 (20%) Week 8 – Chpt. 10-13,15 (25%) Final Exam: Chpt. 16, 17, 20-22) + readings on budget deficit and income inequality 3. On-line quizzes (15%) 4. Extra Credit Short Paper (3-5 pages) On Trade Barriers, Budget Deficits or Income Inequality Topic Approved by 5th week; turn-in at start of 9th week Short Papers Paper Length 1. 3-5 pages Analysis of current economic problem 2. From Approved List, or My Approval of a Topic of Your Choice Suggested Outline 3. Problem Statement – what is the “economic problem” Literature Survey Brief review of what the academic economic literature says about it Critical review of Article Conclusion(s) My Schedule and Office Hours Monday, Wednesday and Friday – at North 9-10 AM Econ 201 (Micro) 10-11 AM Econ 202 (Macro) 11 AM – 12 Office Hours (M, W) Tuesday and Thursdays – at UW Bothell 11 AM – 1PM at UWB (Stats) No Office Hours at North By Appointment – Fridays?