[Problem Sets 1 2 3 4 5 6] [Exercises] [Takehome Exam] [Web Resources]
CALIFORNIA STATE UNIVERSITY, SACRAMENTO
Department of Economics
Fall 2000
Office: Tahoe Hall (Business) 3013
Office Hours: MWF 9:00-10:00, MW 11:30 -1:30, TuTh 11:00-1:00 and by appointment
Telephone: 278-6223
Email: arg@csus.edu
Economics 100A - Intermediate Macroeconomics
Grading Policy: You will take nine (eleven) 30+ minute essay or problem oriented examinations during the semester, however, only five (six) of the exams, the final exam and required exercises will be used to determine your course grade. The class curve will determine your letter grade.
Course Objective: to provide students with an understanding of the determinants of long-run economic growth of the U.S. economy and how the interaction of the product and financial markets determine the short-run level of output within the context of IS-LM analysis. This basic model will be expanded to an open economy macroeconomic model emphasizing how aggregate demand and price expectations determine the short-run level of economic activity. The introduction of the supply side of the economy will allow us to expand the IS-LM model into an elaborate short-run model emphasizing the role that both aggregate demand and aggregate supply play in determining not only the level of output and price level but also their respective rates of change. The course will conclude with a critical evaluation of the role that monetary and fiscal policy play in influencing the economy’s economic performance and other issues of macroeconomic policy.
Required Text: Mankiw, MACROECONOMICS (Worth) 4th edition
Required Readings: You are responsible to be informed on current economic and financial issues. Information on current economic issues can be obtained by accessing The New York Times, The Washington Post or any other newspaper on http:/ajr.newslink.org/daym.html.
Required Internet Reading Assignments: Students will become knowledgeable about current macroeconomic policies and problems by accessing the following websites:
Samuelson, columnist, The Washington Post
Krugman, columnist and economist, The New York
Times. Access his special page on Japan or just browse his links
http://www.mit.edu/krugman/www/
Center on Budget and Policy Priorities http://www.cbpp.org
DeLong, economist, http://econ161.berkeley.edu
I’m a fan of this website and I urge you to access it to read his 20th Century
Economic History: Slouching
Toward Utopia? In addition, his numerous links are worth exploring, e.g., check out his
thought of the week, archive
of past thought, graph of the week, what is new, other new stuff (especially the July 2000
link to "real GDP growth),
etc.
World Bank www.worldbank.org/research/ Access
the link, working papers by date and read David Dollar’s paper
entitled "Growth is Good for the Poor"
Asian Crisis http://equity.stern.nyu.edu/~nroubini/asia/Asianhomepage.html
Nicholas Economides webpage on the economics of
networks and the microsoft case
www.stern.nyu.edu/networks/site.html
Euro website
www.econ.yale.edu/~corsetti/euro/euroit.htm
You can expect numerous website assignments throughout the semester. Such assignments will be announced in class and will require you to turn them in.
Statistical Information from the Internet. You can access numerous economic data websites through the website Resources for Economist http://www.rfe.org
A WORLD TO THE WISE. If you have any problems with the material I urge you to see me. I don’t bite.