FIU Principles of Macroeconomics ECO 2013 Spring 2016 Instructor Contact Information Instructor: Professor Luana Tome Office Hours: 45 minutes before class at the 2nd floor of the Main Library (office hours location might change – an email will be sent to advise the change in location) Instructor E-mail: luana.tome@fiu.edu (please allow 48 business hours for a response) Lectures: M and W 9:30 AM – 10:45 AM Location: BBC Campus – AC1 264 Course Description: The objective of this course is to provide an overview of macroeconomic theory. Major topics are GDP, inflation, and employment. This course introduces macroeconomic analysis. The required textbook or etextboook for this course is Macroeconomics, Hubbard and O’brien ,5th edition. Depending on the topic, readings from newspaper or magazines articles will be required. Required Homework/Assessments Package: Myeconlab You will receive Myeconlab registration code by email Grading Scale: A 93 -100 A90-92.9 B+ 87-89.9 B 83-86.9 B80-82.9 C+ 74-79.9 C 64-73.9 C60-63.9 D+ 57-59.9 D 53-56.9 D51-52.9 F 0.00 -50 Grading System Assessments Group Project 65% 35% Examinations: are based on lecture notes and assigned chapters. All exams must be answered with pen. Answers with pencil will not be accepted. Cell phones can not be used during exams for any type of usage including but not limited to calculations. Make Up Exams Policy: make up exams will ONLY be offered for documented emergencies. You can email me or you can call the Department and leave a message concerning your emergency. The Department’s phone number is 305-348-2316 at University Park Campus. After the verification of the validity of the documentation you will be offered the make up exam. NO MAKE UP EXAMS will be offered if you miss a exam, it will count as a failure for that specific exam. Electronics, Video and Audio Recording Policy: you are not allowed to video or audio record my lectures or exams. Be advised that your cell phone, and any other recording device should be turned off during my lectures. Also, computers and or tablets should be turned off. If the instructions are not followed be advised that the devise will be confiscated until the end of the lecture. Consequently, be ready to handle to device to Professor. Assessments: you will have 5 assessments. The lowest grade will be dropped. Only the 4 assessments with the highest grades will count towards your total grade. Some Assessments will be executed in class and some at Myeconlab Group Project: This is a research project Some topics are going to be offered on Group video presentation format Other topics will be offered as a Group Power Point Presentation Format Group Project Report Questions Final Report Demonstrated Knowledge Video Creativity Video Structure Video Learning Outcomes 10% 28% 36% 8% 8% 10% Report: The report will cover on the points required in the project Video: will go over case studies presented on the report Group Project Guideline will be distributed on the First Day of Class by email Lectures: Week 1 : Definitions, Methodology Opportunity Costs Production Possibility Frontier Group Project is released Week 2 : Economics: Foundations, Market System and Intro to Supply Demand Market Equilibrium Assessment 1 at Myeconlab Group Report Questions - due for feedback on Wednesday January 20th – submit the hard copy during lecture time Week 3: Supply Demand and Efficiency, Government Price Setting, Adverse Selection, Asymmetric Information, Moral Hazard Group Meeting Week 4: Supply Demand and Efficiency, Private Sector, Price System and Government Time Value of Money, Stocks and Corporate Governance Final Group Questions Report Submission on Monday Feb 1st – submit the hard copy during lecture time Week 5: Time Value of Money, Stocks and Corporate Governance International Trade, Assessment 2 at Myeconlab Due Date for Group Project Report February 8th - submit hard copy during lecture time Week 6: International Trade GDP, National Income Week 7: GDP, National Income Business Cycles Unemployment Inflation Video Recording day for Submission with Professor Feedback before Final Submission : February 22nd upload at Youtube and email the Youtube link to Luana.Tome@fiu.edu At the email, please include the names of each group member in the order each one presents. Also, please type the Topic at the Subject of the email Week 8:Unemployment Inflation, Savings and Investments Intro to Keynesian Theory, Aggregate Expenditure Model Video Final Submission : March 3rd upload at Youtube and email the Youtube link to Luana.Tome@fiu.eduAt the email, please include the names of each group member in the order each one presents. Also, please type the Topic at the Subject of the email Week 9: Savings and Investments, Economic Growth Intro to Keynesian Theory, Aggregate Expenditure Model Assessment 3 in class – March 7th Week 10: Spring Break Week 11: Savings and Investments, Economic Growth Intro to Keynesian Theory, Aggregate Expenditure Model Week 12: Fiscal Policy, Government Debt Money and Banking Monetary Policy Video Learning Outcomes Week 13: Money and Banking Monetary Policy Assessment 4 at Myeconlab Video Learning Outcomes Week 14: Balance of Payments Exchange Rates Systems Video Learning Outcomes Week 15:Exchange Rates Systems Assessment 5 Week 16: Review Week 17: Final General Assessment Disclaimer: The contents of this syllabus are subject to change at any time if it is necessary.