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Macroeconomics

Rutgers University
Department of Economics
50-220-103: Principles of Macroeconomics
Spring 2013

Instructor: Dr. Hamed
Text: Parkin, Michael, Macroeconomics, 10th ed, Addison-Wesley
Office Hours: 10-00–11:00 a.m MWF Or by appointment
Office: 331 Armitage Hall
E-mail: hamed@camden.rutgers.edu
Exams: There will be three class-period long exams, each assigned 25% of the final grade, and three 10 minute long quizzes, each assigned 5% of the final grade. The remaining 10% of the grade goes to class participation. Attendance is required. There will be no makeup for the quizzes.  Make-ups for the period long exams are not given only when legitimate excuses are presented.  In other words, your excuse has to be very convincing. Otherwise, you will get no credit for the exam. 

Week
Topic
Chapter
1&2
Basic Concepts
1
2&3
Measuring Output
4
4&5
The Balance of Payments and Foreign Exchange Rates
9
6
Exam 1
6&7
Unemployment and Inflation
5
7&8
Economic Growth
6
Skip pp. 147-151
Spring Break
9&10
Expenditure Multipliers
11
Exam 2
11

Aggregate Supply and Aggregate Demand

10
skip pp. 256-257
12
Government Budget and Fiscal Policy
13
13

Money Supply, Interest Rate and the Price Level

8
14
Monetary Policy
14
Exam 3