Economics, Faculty of Liberal Arts & Professional Studies, York University Fall 2011 Course Outline Course #: AP/ECON 2400 3.0 BF COURSE TITLE: INTERMEDIATE MACROECONOMIC THEORY I Fall 2011 1. Course Instructor Contact: Name: Dr Shadab Qaiser Office: 1078 Vari Hall Phone: 416-736-2100 Ext 33344 Office Hours: TBA Email: qaisers@yorku.ca Link to Course Website: http://dept.econ.yorku.ca/qaisers/ The course website will be used for posting announcements, lecture handouts, practice assignments, practice tests, and some interesting links. Teaching Assistant Information: TBA 2. Course Description and Prerequisites/Co-requisites: The purpose of this course is to introduce students to the theoretical tools and foundations necessary to understand macroeconomics. Students will be introduced to various topics in macroeconomics like the determination of national income, Money and inflation, Unemployment, Economic growth and business cycle theory. 3. Required Course Text/Readings: Mankiw, Gregory N. and William Scarth. Macroeconomics (4th Canadian Edition) Worth Publishers, 2011 The Study guide is optional 4. Weighting of Course: Midterm Exam – MT (40 %) Tuesday October 25, 2011 in Class Final Exam – Cumulative F (60%) Held during Official examination period The final Course mark (M) will be calculated according to the following Formula: M= Max (.40 MT + .60F, F) Where MT is for Midterm Exam and F is for final exam. There will be no make-up exam for the midterm exam. Students absent from the midterm exam will have the weight transferred to their final exam. The final exam will be cumulative and will cover all materials discussed in class. The date of the final exam will be scheduled by the registrar’s office. Students absent from the final examination and requesting for deferred standing must follow the guidelines for Deferred Standing of the Department of Economics at York University. The grades may be scaled to conform to the regulations of the Faculty of Arts. 5. Course Content: We plan to cover the following topics. 1. 2. 3. 4. 5. 6. 7. 8. 9. Introduction to Macroeconomics. The Science of Macroeconomics (Chapter1) The Data of Macroeconomics (Chapter 2) National Income: where it comes from and where it goes (Chapter 3) Money and Inflation ( Chapter 4) The Open Economy (Chapter 5) Unemployment (Chapter 6) Economic Growth I: Capital Accumulation and Population Growth (Chapter 7) Economic Growth II: Technology, Empirics and Policy (Chapter 8) Introduction to Economic Fluctuations (Chapter 9)