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Macroeconomic Measures
Dates Topics Assignments
Sept 08 4. Market Efficiency, Market Failure, and Government Intervention Ch.4
Sept 10 5. Introduction to Macroeconomics Ch.5
Sept 15 6. Measuring Inflation and Unemployment Ch.6
Sept 17 Tutorial Problems and Assignment (2)
Sept 22 Review
Sept 24 Exam (I)
Economic Policy
Dates Topics Assignments
Oct 13 10. Fiscal Policy Ch.10
Oct 15 11. The Monetary System Ch.11
Oct 20 12. Monetary Policy Ch.12
Oct 22 Tutorial Problems and Assignment (4)
Oct 27 Review
Oct 29 Exam (II)
Open Macroeconomics
Dates Topics Assignments
Nov 12 15. International Trade Ch.15
Nov 17 16. Open Economy Macroeconomics Ch.16
Nov 19 Tutorial Problems and Assignment (6)
Part (1): Explain: How inflation and unemployment are currently measure in the
US economy (use data graphs and comments on the trend) (2 pages)
Part (2): Synthesize: What combinations of fiscal and/or monetary policies are
recommended to mitigate the problem in Part (1) (use AD/AS graph to
explain your proposal)
Part (2): Evaluate: Construct and solve the simultaneous equation representing of
the real and the monetary sections of the economy, derive the equilibrium
values before and after your suggested policy, and use AD/AS graph to
analyze the results.
What did you find difficult to learn in this chapter? (Be specific)
Optional
Submit the evaluation sheet to the instructor if you need help with specific topic
1) Bring to the class:
• The Chapter Evaluation Sheet, and
• The Assignment Calendar Sheet
2) Take clear notes and supplement your notes with your readings
• The lecture notes are more advanced presentation of the textbook
materials
• The exams are not limited to the textbook, but also includes lecture
notes
3) Use the Chapter Evaluation Sheet as guidelines for:
• Communicating your understanding with the instructor
• Studying the materials
• Doing the homework/quizzes, and
• Utilizing the office hours
4) Use the Assignment Calendar Sheet to:
• Follow the progression of the lectures and relate it to your study plan
• Record the due date for Chapter Evaluation and Homework
• Record the due date for the short project
5) Register online at
• http://bcs.worthpublishers.com/stone_macro/default.asp to have
access to the online materials and quizzes