1. ECON 202: Economics II 1

2. Important Information Instructor: Yuan(Ryan) Yuan Contact info: yy23@drexel.edu This is a really good way to touch me ! Course’s webpage: http://www.pages.drexel.edu/~yy23/ Office hours: by appointment. (I will be available almost every afternoon on weekdays) Meeting Times: T and Th 10:00 – 11:50 am, Pearl 307 2

3. Required text: R. Glenn Hubbard and Anthony Patrick O’Brien, Macroeconomics, 2 nd Edition. 3

4. Requirements and Grading Two midterm tests (25% each) Final exam (25%) – not cumulative 4 - 6 homework assignments (25%) 98 for an A+, 94 for an A, 90 for an A-, 87 for a B+, 84 for a B, 80 for a B-, 75 for a C+, 70 for a C, 65 for a C-, 62 for a D+, 60 for a D, below 60 for an F. No makeups for unexcused midterms and final. No exceptions. If you miss any of the midterms, you will need to take a cumulative final exam (covering the entire course) worth 50% of your course average. Lowest homework assignment can be dropped. Homework due on assigned date AT THE BEGINNING of class. Attendance not required. Class participation for potential bump ups 4

5. Additional Help: The Drexel Learning Center (DLC) provides free individual tutoring. Contact information for appointments: 050 Creese, dlc@drexel.edu, (215) 895-2568. Their website is www.drexel.edu/dlc. 5

6. Calendar July 8 th : Homework 1 due date July 15 th : Midterm exam 1. July 29 th : Homework 2 due date August 5 th : Midterm exam 2. August 19 th : Homework 3 due date August 26 th : Homework 4 due date Final: According to university schedule. 6

7. Course Outline We do not cover Chapters 1-4, since they are a review on materials that you should have learned in Econ 201 or 211. The tools and concepts learned in microeconomics, particularly supply and demand diagrams, will be used extensively throughout this course. Chapter 1-4 of the textbook offer a good review, and you are encouraged to read those chapters. Very important concepts such as supply and demand curves and so on will be briefly reviewed when they are needed. 7

8. Macroeconomics Real GDP and Nominal GDP Price level and inflation Employment and unemployment Economic growth Aggregate demand and aggregate supply Monetary and fiscal policy Tradeoffs between Inflation and unemployment International economy (Time permitting) 8