INTRODUCTION TO MACROECONOMICS: AP/ECON 1010 A
FALL SEMESTER 2011
DEPARTMENT OF ECONOMICS,
FACULTY OF LIBERAL ARTS AND PROFESSIONAL STUDIES, YORK UNIVERSITY
COURSE OUTLINE
Course Instructor:
Office:
Phone:
Email:
Class Lecture Time:
Lecture Venue:
Office Hours:
Sadia Mariam Malik
1094 Vari Hall
416-736-2100 ext. 20532
smmalik@yorku.ca
Tuesdays and Thursdays (1:00-2:30 pm)
VH A
Tuesdays and Thursdays – 11:00am-12:00pm and by appointment
Course Objectives
This course will familiarize students with the basic principles and tools of
macroeconomic analysis which will help them understand the fundamental economic
issues at the national and global levels. Key topics include the measurement of national
income and economic progress; macroeconomic fluctuations; money and inflation;
unemployment; and macroeconomic policies including fiscal and monetary policies. At
the end of the course, it is expected that students will be able to use these key
concepts to understand and evaluate the contemporary economic issues confronting
the national and global economies.
Required Course Material
1) “Macroeconomics: Canada in the Global Environment.” Seventh Edition.
Michael Parkin and Robin Bade. ISBN-13: 978-0-321-56390-5. Pearson 2010.
By
2) MyEconlab by Pearson 2010.

MyEconlab is an online homework, tutorial, and assessment system that
comes packaged with the text books of both micro and
macroeconomics by Parkin and Bade. So if you plan to take on
Microeconomics (Econ 1000), this package is all that you need.

If you are planning to buy the used text book, you will still need to
purchase the license for MyEconlab.

It is required that you make use of this important resource to organize
your study, improve your understanding of key concepts and theories,
learn their application to real world scenarios, and to prepare for your
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exams. I will use this system to assign you online quizzes from time to time in
order to facilitate you to get more practice for exams. I would also
suggest that you use this resource to practice on your own. There are a
number of practice tests available that will instruct you in case you make
a mistake and will help you organize your study accordingly.

MyEconlab can be assessed online through www.myeconlab.com with
an access code that is provided with the purchase of the new textbook.
Using your friend’s account or registering under someone else’s name will
not work. You will need to create your own account.

In order to familiarize you with MyEconlab, I will arrange an orientation
session in the first week of the semester. Round the clock technical support
is also available with the publisher in case you experience any difficulty in
using the software.
Optional Course Material
Study Guide accompanying the required text book by Parkin and Bade. Although the
study guide is not a required text, it is entirely up to you to study it for more practice and
greater understanding.
Evaluation
The assessment of your results in the course will be based upon one midterm exam, a
final exam and online quizzes. The contribution of each of these in the final grades will
be as under:
Midterm Exam
30%
Final Exam
50%
Online Quizzes
20%
Total
100%
Exam Dates and Rules

Tentative date for the midterm exam is Tuesday, October 25th, 2011. The final
exam will be held in the period of December 8-22, 2011. The precise date for the
final exam will be announced later.

Both midterm and final exams will consist of multiple choice questions.

No student will be allowed to write the exam prior to the scheduled date.
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
No student will be allowed to write the exam in order to improve the letter grade.

York University is committed to respecting the religious beliefs and practices of
all members of the community. In case, any of the exam dates clash with the
day of your religious observance, you are responsible for contacting me at least
two weeks in advance. To arrange for an alternative date, you must complete
an examination Accommodation Form available at
http://www.registrar.yorku.ca/pdf/exam_accommodation.pdf

Cheating and plagiarism are considered to be serious offences by York
University.
Please
visit
the
Academic
Integrity
web
site
http://www.yorku.ca/acadinte/students/index.htm to read the Senate Policy on
Academic Honesty.

Cell phones, electronic translators, programmable calculators, iPods, MP3
players, and other electronic devices are not permitted into exams. You will only
be allowed the use of non-programmable calculator and English language
dictionaries. Other permissible items to carry in exams are pens, pencils, student
ID, coats and purses.
Make-up Exams Policy

No make-up exams will be given for a missed midterm exam. If for any reason,
you miss a midterm your final exam will have a greater weight and will count
towards 80 percent of your total points earned, instead of 50 percent.

In case you miss the final exam, you will be allowed to write a deferred exam only
by completing the Deferred Standing Agreement Form and by providing a
completed Registrar's Office Attending Physician's Statement.
Online Quizzes Policy

In terms of online quizzes, you will be assigned a total of 6 quizzes out of which
two lowest scored quizzes will be dropped at the end of the semester. The
announcement regarding the assigned quizzes and the due date will be made
both in class and through email. Please check your emails and/or visit
Myeconlab regularly. After the due date for each assigned quiz, you will have
access to your quiz and the correct answers. Please note that in order to
complete these online quizzes, you will need to study assigned chapters in
textbook in addition to attending class lectures.
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Grade Distribution based on Percentages Earned
The grade distribution will be based upon the total percentage points that you will earn
in the semester. The standard cut-off points, provided by York University, will be used to
convert percentages to letter grades. These are provided as under:
90-100 A+
80-89 A
75-79 B+
70-74 B
65-69 C+
60-64 C
55-59 D+
50-54 D
40-49 E
0-30
F
Organization of the Course
This course consists of three lecture hours per week. Lecture notes and power point
presentations will be made available online through Quickr course website. The link for
the Quickr instructions for students is:
http://www.yorku.ca/laps/eso/students/quickrinstructions.html
Teaching Assistants will be available for further help. Their names and office hours will be
announced later in the class and on the course website.
Computer, Email, and Web Access
In order to access Quickr and MyEconlab, you must have access to computer and
internet. It is your responsibility to check your email and access these two online
resources on a regular basis.
Topics to be Covered and Lecture Schedule
Week of Topic Assigned Readings/ Corresponding Chapter in the Text September 8 Introduction/Administration
Course Outline
My EconLab Orientation
September 13 What is Economics and
Economic Way of Thinking?
Key Principles and
Concepts
Chapter 1
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September 20 The Economic Problem and
the Emergence of a Market
Economy
Chapter 2
September 27 How Markets Work? The
Crucial Tools of Demand
and Supply
Chapter 3
October 4 Measuring GDP and
Economic Growth
Chapter 20
October 18 Monitoring Jobs and
Inflation
Chapter 21
Midterm: October 25th
November 1 Economic Growth: Basics,
Theories and Policies
Chapter 22
November 8 Money, the Price Level and
Inflation
Chapter 24
November 15 Aggregate Demand and
Aggregate Supply
Chapter 26
November 22 Expenditure Multipliers: The
Keynesian Model
Chapter 27
November 29 Fiscal Policy
Chapter 29
December 6 Monetary Policy
Chapter 30
Final Exam Course Work
Econ 1000 is not a straightforward course. Many of the concepts may appear simple
but their application requires deeper understanding and clarity. Students are advised to
devote ample time (at least 5 hours per week) to study for this course. Although power
point presentations and lecture notes will be made available online, these should not
be considered as substitutes for reading the appropriate chapters in the text.
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Reading the textbook and studying other assigned course material are vital to improve
your understanding of basic economic concepts and theories and to get good grades.
However, remember that there is a world outside the text book and it is important to
learn how to apply your text book knowledge to real world situations. In this context,
reading Wall Street Journal, Financial Times, or Economist regularly is a smart idea. These
news journals deal with business and economic news that are useful to remain abreast
with what is going on around you and to enable you to think like an economist. Using
the tools of economic analysis learned in the class, you should be able to critically
evaluate the real world situations.
Important Dates
Last date to enrol without permission of course instructor:
Last date to enrol with permission of course instructor:
Last date to drop courses without receiving a grade:
September 20, 2011
October 4, 2011
November 11, 2011
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