Identification Prerequisites Language Compulsory/Elective Text books and course materials Course website Teaching methods Evaluation Criteria Course objectives Course outline Week Course outcomes 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Economics and Management Department Undergraduate Program Subject ECON202: Principles of Macroeconomics – 3KU credits (6ECTS credits) Spring, 2014 Term Rovshan Guliev, r.guliev@yahoo.com Instructor Classroom/hours Bashir Safaroglu 122, Room 31, Monday 18:30 – 21:00 MATH 101Calculus /BSA 101 Introduction to Business English Compulsory Core Textbook: Campbell R. McConnell, Stanly L. Brue. “Economics: Principles, Problems, and Policies” Fourteenth edition Supplementary Textbooks: 2) G. Mankiw. Principles of Macroeconomics. This course combines traditional face-to-face classes with online learning. The course management platform Moodle is used to provide a wide range of resources to support learning. And all course related materials including, but not limited to, syllabus, supplementary readings, course announcements, cases and assignments are available only at the course website http://www.khazar.org/moodle. Grades will also be posted on Moodle. The students are expected to check it n a regular basis and communicate with the lecturer only via Moodle. X Case analysis X Group discussion X Experiential exercise X Lecture Course paper Others Methods Date/deadlines Percentage (%) April, 21, 2014 25 Midterm Exam 5 Attendance 10 Class Participation 20 Quizzes Project Presentation Laboratory Work June, 16, 2014 40 Final Exam 100 Total To equip the students with the main principles and methods of macroeconomics The course covers the cause-and-effect relations of the main macroeconomic indexes and the main tools of public economic policy. Assimilation of a course will allow listeners to explain the macroeconomic phenomena, to build models of relationship of macroeconomic indicators Tentative Schedule Date/Day (tentative) Topics 10/02/14 17/02/14 24/02/14 03/03/14 10/03/14 17/03/14 24/03/14 31/03/14 The nature and method Economics. The main Concepts of Economics. The economizing problem. The methods of Economics. The economic systems. Economic Efficiency. The Macroeconomic Goals. Individual Demand and Supply. Private and public sectors. The Economic Functions of Government. International Trade: Theory and Practice. The National Account. The National Account Indexes. Basic macroeconomic relationships. Economic growth and instability. 1) Ch.1 1) Ch.2 1) Ch.2, Ch. 4 1) Ch.2, 3 1) Ch.5 1) Ch.6, Ch.7 1) Ch.7, Ch.9 1) Ch.8 07/04/14 14/04/14 21/04/14 28/04/14 05/05/14 12/05/14 17/05/14 Mid-term Exam Aggregate demand and Aggregate supply. Fiscal policy. Money and Banking. How banks and Thrifts create money. Monetary Policy. Economic Growth. Deficits, Surpluses and Public Debt. Exchange Rates, the BOP Trade Deficit. 1) Ch.11, 12 1) Ch.13, Ch.14 1) Ch.15 1) Ch.18 1) Ch.19 1) Ch.38 Final Exam Textbook/Assignments