Econ 111 Principles of Macroeconomics

May 30^th – July 6^th M/W 1PM – 4:30PM at BUSN226

Instructor: Marius Jurgilas

Contact info: E-mail: jurgilas@jurgilas.net  Office: Monteith 444 (by appointment)
Ph: 486 4443

Web: www.jurgilas.net

 

Textbook:

M. Parkin “Macroeconomics” 7^nd Edition  ISBN: 0-321-22658-5

Student responsibilities:

Student is responsible for any assignments given during the class. All assignments are due AT THE BEGINNING of the next class if not specified otherwise. It is crucial not to miss any classes.

Grading:

Homework and in class tests – 20%

Midterm – 40%

Final exam – 40%

 

Class summary:

This is an introductory course to macroeconomics. It is structured as an overview of the major macroeconomic issues. In the first half of the course students will learn basic economic concepts, what constitutes GDP, why should we care about inflation and unemployment. In the second half students will learn the importance of money, how economists explain business cycle and what policy prescriptions can be inferred. We will end with a brief overview of international trade and concepts of international finance. After taking this course students should understand and be able to operate in macroeconomist vocabulary.

 

Class outline: