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Economics 102 Fundamentals of Macroeconomics

Economics 102 Fundamentals of Macroeconomics. Professor Robert Rosenman. Course Objectives. Understanding of how economy operates in a market oriented country like the US Emphasis on government policy Understand meaning of GDP, unemployment, inflation and how the level of each is achieved

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Economics 102 Fundamentals of Macroeconomics

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  1. Economics 102Fundamentals of Macroeconomics Professor Robert Rosenman

  2. Course Objectives • Understanding of how economy operates in a market oriented country like the US • Emphasis on government policy • Understand meaning of GDP, unemployment, inflation and how the level of each is achieved • Understand international trade • Understand how government fiscal policy (taxes and spending) and monetary policy affects the economy

  3. Required Materials • Aplia on-line textbook (Tucker) and problem sets • www.aplia.com • Cost about $70 • Webnotes (my free notes) • Linked on Blackboard

  4. Assignments • Lectures • Copies of slides available at class web site • Readings • Tucker textbook • Webnotes • Exercises • Lab exercises on Aplia

  5. Grading • Aplia Exercises (40 percent of grade) • About 20 graded assignments • Your best 15 count • 3 Tests and Final (60 percent of grade) • Online Blackboard • Drop lowest grade • Extra credit – Aplia news analyses

  6. Grading Scale Will scale if warranted

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