1. ECON 202 Principles of Macroeconomics
Spring Don Perry

2. What You Need to Know - Tools
Text:
Macroeconomics – Greg Mankiw (ver 7)
Ebook or hard copy
Canvas access
homework, in-class quizzes, gradebook

3. What You Need to Know - Tools
Organized by week
Each weekly folder
Lecture notes
Relevant articles 40
Similar organization/materials as facweb
Also has homework problems, quizzes, grades, assignments and readings

4. Overview of What We Will Be Doing
Microeconomic fundamentals necessary for Macro models
Demand and Supply
Taxes and their effects
International Trade
Macroeconomic Fundamental Concepts
GNP, Cost-of-Living metrics, Unemployment
Savings and Investment, Monetary System, Money Growth and Inflation
Macroeconomic Models
Classical, Keynesian, Monetarists/Rational Expectations, neo- Keynesians
Modeling policy impacts: monetary and fiscal policy
Impact of government intervention – should it?

5. Grades – How Will They Be Determined?
Three Components to Your Grade Calculation
Homework (20%)
Assigned weekly, available in Aplia (mostly)
1 quiz (20% )
Week 4 – Chpt. 1-4,6-8
Two Exams (60%)
(25%) Week 8 – Chpt ,15
(35%) Final Exam: Week 12 Chpt. 16, 17, 20-22)
+ readings on budget deficit and income inequality
Optional Extra Credit Paper (3-5 pages)
On Trade Barriers, Budget Deficits or Income Inequality

6. Short Papers Paper Length Analysis of current economic problem
3-5 pages
Analysis of current economic problem
From Approved List, or
My Approval of a Topic of Your Choice
Suggested Outline
Problem Statement – what is the “economic problem”
Literature Survey
Brief review of what the academic economic literature says about it
Critical review of Article
Conclusion(s)

7. My Schedule and Office Hours
Mondays and Wednesdays– at North and UW Bothell
9-10 AM Econ 201 (Micro)
10-11 AM Econ 202 (Macro)
3 PM – 5 PM at UWB (Stats)
No Office Hours at North
Tuesday and Thursdays– at North
9-11 AM at North
11 AM – 12 Office Hours
By Appointment – Fridays?