ECON 101 PRINCIPLES OF ECONOMICS Syllabus: Fall 2014 Instructor: Van Ngo Hours: TTH 9:30 am-10:45 am; room: AH-3177 Email: vanjngo@gmail.com Office hours: M: 1:00 pm – 3:00 pm, W: 3:00 pm - 5:30 pm, F: 1:00 pm-2 pm I. Learning outcomes: This course will focus on macroeconomics. Macroeconomics is the study of the economy as a whole. This course will provide the tools and knowledge to think critically about the issues in macroeconomics. These are the topics we will cover in this semester: -Differentiate between rational and non-rational behavior based on cost-benefit principles. -Discuss comparative advantage and trade. -Understand the effects of changes in demand and supply to the market price and quantity of a certain good or service. -Define and calculate GDP and explain how the government can affect GDP and other measures of economic activity. -Calculate the unemployment rate and compare different types of unemployment. -Discuss the role of a central bank and the banking system. -Define and calculate inflation/CPI, economic growth. -Define and calculate the business cycle and exchange rate. II. Readings Required Text: Principles of Macroeconomics, Lee Coppock and Dirk Mateer. III. Grading Your grade in this course will depend on the following distribution: Participation: 10% Homework: 30% Quizzes: 20% Exams 40% IV. Homework There will be homework assigned each week on Thursday and due at 9pm on Sunday. There will be 14 assignments. I will drop the lowest score. I will be using the online homework program that comes with the book from Norton Smartwork. It is very important that you get the online access code with the book. You will be able to attempt each assignment twice. V. Quizzes There will be five quizzes through out the semester. I will drop the lowest score. VI. Exams There will be three exams, two midterms and one final. The final is optional, if you did well on the first two exams and decide not to take the final, your score will be calculated by the two midterms. If you take all three exams, I will drop the lowest score. I will not do make up exams. VII. Attendance Attendance is not mandatory but it is highly recommended. I will not take attendance. I will divide the class into groups, and each week I will ask a critical thinking question and collect the answer. The answer should reflect the knowledge of the previous chapters. This will count as part of the participation points. Regular attendance is also needed to get a good grade on participation. VIII. Blackboard I will regularly post homework assignments, practice exams, and class announcements to the site so you should check it frequently. If you have any questions, please use email to contact me; I usually check my email every hour until 8pm. IX. Academic Integrity I consider academic dishonesty to be a serious offense, and follow a zero tolerance policy in this regard. Cheating is not worth it! Please refer to the school policy on academic dishonesty: http://studentaffairs.sdsu.edu/SRR/academics1.html Please arrive to class promptly and turn off your cell phones. If you must leave early, please tell me beforehand. X. Accommodating Disabilities If you have or acquire any sort of disability that may require accommodation, feel free to discuss with me at your convenience. Contact Student Disability Services for more information. http://go.sdsu.edu/student_affairs/sds/ Course Outline *** Subject to Change*** Date Topic -Introduction -Chapter 1 Note -Chapter 3: Supply and Demand -Chapter 6: Introduction to Macroeconomics and Gross Domestic Production. -Chapter 7: Unemployment -Quiz1 (09/16) -Chapter 8: The Price Level and Inflation -Chapter 9: Savings, Interest Rates, and the Market for Loanable Funds. -Review -Chapter 10: Financial Markets and -Quiz 2 (09/30) -Exam 1 Securities (10/07) -Chapter 11: Economic Growth and the Wealth of Nations -Chapter 12: Growth Theory -Chapter 13: The Aggregate DemandAggregate Supply Model -Quiz 3 (10/20) -Chapter 14: The Great Recession, the Great Depression, and Great Macroeconomic Debates -Chapter 15: Federal Budgets -Chapter 16: Fiscal Policy -Chapter 17: Money and the Federal Reserve -Review -Quiz 4 (11/18) -Exam 2 (11/13) -Chapter 18: Monetary Policy -Chapter 2: Model Building and Gains from Trade -Chapter 19: International Trade -Chapter 20: International Finance -Quiz 5 (12/02) -Review -Final Exam (12/11) from 8am – 10am