TEXAS TECH UNIVERSITY Department of Economics ECO 3311 - Intermediate Macroeconomics Course Syllabus – Summer II 2013 Instructor: Place and Time: Office: Office Hours: Email: Web: Nimantha Manamperi HH 75, MTWThF, 10.00 am – 11.50 am HH 249 M/F: 12.15 pm – 1.00 pm nimantha.manamperi@ttu.edu http://nimanthamanamperi.weebly.com/ Teaching Assistant: Office: Office Hours: Email: Rui Hui HH 234 Monday: 3.00pm – 4.30pm rui.he@ttu.edu Reading Material: (1) Macroeconomics, 8th Edition, by N. Gregory Mankiw. Available at Barnes & Nobles. You may purchase a used book, but I would prefer that you purchase the 8th edition. (2) Class Notes and the Powerpoint slides. Learning Outcomes: After successfully completing this class, I expect you to be able to: Identify the six key variables in macroeconomics and why they are important; National Income Accounting, Inflation, Unemployment and Economic Growth Analyze the determinants of aggregate demand and supply; How the six key macro variables behave over the course of business cycles; How firms make investment decisions; Describe the ways in which monetary and fiscal policies affect the choices facing households, firms, and the overall economy; Access various sources of macroeconomic data and use them to examine the issues above. Examination Calendar: First Exam: Second Exam: Final Exam: Friday, 07/19/2013 Friday, 08/02/2013 Friday, 08/09/2013, 11.00 am – 1.30 pm in HH 75 http://www.depts.ttu.edu/officialpublications/ClassSchedule/Summer_Exams2.php Make Up Exam: No Make Up Exams In summary: Exam 1 Exam 2 Final Exam Quizzes Total 20% 40% 30% 10% 100% Grading Policy: A (90% and above), B (80-89%), and so on. Exams: Exam 1 : All Multiple Choice Exam 2 : All Problem Solving Final Exam : All Multiple choice questions. Exams Excuses: If you miss Exam 1 or/and Exam 2 and you presented an official and verified excuse, you will be allowed to makeup the exam that you missed as early as possible. However you must present the excuse notice within 3 days of your absence. Some examples of ‘valid’ absences are: medical conditions, religious holy days, or representing TTU at external events (conferences, ‘away’ games, etc.). See the TTU Catalog for more details about the last two cases. No private excuses will be accepted in any means. No excuses accepted for the Final Exam. If you miss the final exam then you must accept Zero grade for it. Quizzes: There will be 8 pop-up quizzes. These can be given at any time on any day of the classes. So you need to be prepared all the time. All quizzes are open book. Missed Quizzes can be made up if you have a valid Texas Tech excuse as mentioned above. These allowed makeup quizzes are given only during my TA’s office hours. No Other excuses are accepted in any means. Notes: 1. Students are expected to assist in maintaining a classroom environment which is conducive to learning. In order to assure that all students have an opportunity to gain from time spent in class, unless otherwise approved by the instructor, students are prohibited from using cellular phones, eating or drinking in class, making offensive remarks, using laptops for nonrelated class activities, reading newspapers, sleeping or engaging in any other form of distraction. Inappropriate behavior in the classroom shall result in, minimally, a request to leave class. 2. Attendance is highly encouraged. 3. A simple calculator should be used for the exams. I-phone or any other sort of methods will not be accepted as a calculator. 4. American with Disability ACT : Any student who, because of a disability, may require special arrangements in order to meet the course requirements should contact the instructor as soon as possible to make any necessary arrangements. Students should present appropriate verification from Student Disability Services during the instructor’s office hours. Please note: instructors are not allowed to provide classroom accommodations to a student until appropriate verification from Student Disability Services has been provided. For additional information, please contact Student Disability Services in West Hall or call 806-742-2405. 5. Students are expected to have their ID’s with them in class. The instructor reserves the right to ask a student to show his/her ID, especially during exams. 6. Any instance of cheating and/or plagiarism will result in an (F) for the course. The instructor reserves the right to pursue the matter further. 7. You will be given a grade of a zero for any test you miss until you replace it with the makeup exam’s grade, granted that you have demonstrated valid justification for missing a scheduled exam. 8. Student Absence for Observation of Religious Holy Days. A student who is absent from classes for the observation of a religious holy day shall be allowed to take an examination or complete an assignment scheduled for that day within a reasonable time after the absence if, not later than the fifteenth day after the first day of the semester, the student had notified the instructor of each scheduled class that the student would be absent for a religious holy day. Schedule: Chapter 1 : Chapter 2 : Chapter 3 : Chapter 4 : Chapter 6 : Chapter 7 : Chapter 10 : Chapter 11 : The Science of Macroeconomics The data of Macroeconomics The National Income; where it comes and where it goes Money and Inflation Unemployment Economic Growth I Aggregate Demand I Aggregate Demand II