Professional Documents
Culture Documents
PRINCIPLES OF MACROECONOMICS
Fall 2016
INSTRUCTOR: M. A. Pettit
Office Hours: AH 2140 11:00 to 1:00 p.m. MW and by appointment
mpettit@siue.edu 650-2583
COURSE OBJECTIVES/ STUDENT OUTCOMES:
To understand fundamental and macroeconomic concepts and methodology.
To master the use and grasp the importance of economics in everyday life.
To achieve a level of economic literacy that can be used appropriately in intelligent, thoughtful
dialogue about current
macroeconomic conditions and policies.
To further develop a taste and respect for education, new experiences, and real human contact.
TEXT: Macroeconomics, 2017, 6th edition, Hubbard & OBrien
Additional on-line activities will be assigned and available through the St. Louis Federal
Reserve Bank.
CLASSROOM POLICIES:
You must select a seat and sit in same seat ALL SEMESTER. Students must maintain a pattern of
attendance.
Students may not use/view phones during class.
No phones in lap or on desk.
Those texting/viewing or using laptops for non-class activities will be asked to leave.
EVALUATION:
Students must take ALL FOUR exams in order to receive a grade (A, B, C, D, or F) for course.
Students who do not take exam 1 OR exam 2 will be withdrawn (WR) from course. Student
may no longer attend class/ must contact advisor and financial aid office.
Students who do not take exam 3 OR exam 4 (final) will receive an UW (calculated as F in
GPA) for coursesee advisor and financial aid office for impact on future semesters.
Exam
Exam
Exam
Exam
1
2
3
4 (Final:
25%
25%
Not comprehensive)
100%
25%
Exams will be multiple choice. Students must purchase their own scantron exam sheets in
the University Bookstore.
EXAMINATION POLICY:
Students must attend and take exams in their assigned (registered) sections.
Exam dates are clearly designated. There are no additional opportunities to take scheduled
exams. Plan accordingly. Students missing an exam are required to meet with me within
24 hours of missed exam to discuss the impact.
TOPICS
August 22
August 29
Chapter 1,2
Sept. 7--Wed.
The Circular Flow Model /
Demand / Supply / Shifts
Chapter 2, 3
Working with Graphs: Appendix to Chapter 1, pages 27-34
Sept. 12
EXAMINATION # 1 (Monday)
Sept. 19
Sept. 26
Chapter 4
(pages 581-586)
Oct. 3
Oct.10
EXAMINATION # 2 (Monday)
Oct. 17
Macroconomic Goals
Chapter 8
Chapter 10
Productivity and Long-Run Economic Growth
(pages 312-322)
Oct. 24
Oct. 31
Nov. 7
Nov. 14
Chapter 9
Chapter 9
EXAMINATION # 3 (Monday)
Aggregate Demand / Aggregate Supply
The Real Business
(pages 389-407)
Cycle
Nov. 28
Dec. 5
Chapter 12
Model:
Shocks
Chapter 14
Chapter 15