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CALIFORNIA STATE UNIVERSITY, BAKERSFIELD
Department of Economics

Instructor: Dr. Margaret M. Malixi ECON 302 – Winter 2015 Office: BDC 258A, 654-2464/2181 Intermediate Macroeconomics
Office Hours: Tuesdays (2:00 – 5:00 p.m.) and email: [e-mail] Thursdays (3:00 – 5:00 p.m.) and by appointment

SYLLABUS

CATALOG DESCRIPTION:

Short run fluctuations and long run fundamentals for macroeconomic variables such as GDP and its components, the unemployment rate, the price level and inflation rate, interest rates and the yield curve, exchange rates and the trade balance, the government debt-to-GDP ratio, potential output, and real growth. Case studies, data collection and analysis, and monitoring of economic indicators and Federal Open Market Committee policies are integrated.

COURSE GOALS: Upon completion of Econ. 302 students will be able to:

1. understand the different macroeconomic theories and their various applications;
2. provide a macroeconomic assessment of the U.S. and other economies, including making reasoned macroeconomic forecasts;
3. understand and apply the various measures of economic activity;
4. assess and forecast the impact macroeconomic policy;
5. locate macroeconomic data and information from reliable internet sources; and
6. effectively communicate macroeconomic information in written documents and oral presentations.

ACADEMIC PROGRAM OBJECTIVES addressed in ECON 302. Upon completion of ECON 302, students will be able to:

Objective 1a and 1b. Communication: Writing and Speaking. Effectively communicate with written and oral presentations that: (1) focus on the intended audience, (2) are logically organized with cogently developed ideas, (3) effectively employ vocabulary and are free of spelling and grammatical errors or delivered to maintain interest without distracting mannerisms, and (4) use software to create a high quality presentations.

Objectives 2a, 2b, and 2c. Quantitative: Design, Calculation and Analysis/Interpretation. (1) Select graphical and quantitative models appropriate to frame and address questions and model economic behavior, (2) Calculate accurately and effectively summarize data and (3) Analyze and interpret the results from graphical and quantitative methods and models.

Objective 3a. Economic Literacy. Knowledge of core concepts relating to macroeconomics, international exchange rates, and balance of payments accounts.
Objective 3b. Information Competency. (1) Locate information and data for the macro-economy, international exchange rates, and balance of payments accounts, (2) critically evaluate credibility of sources and reliability of information, and (3) synthesize macroeconomic information from differing sources to reach an informed position.

Objective 4a. External Economic Environments: Analyze macro-economic outcomes and trends.

REQUIRED COURSE MATERIAL:

Text: N. Gregory Mankiw, Macroeconomics (with Aplia access card), Worth Publishers, 8th edition, 2013.

Aplia Course Homepage: Access to Aplia is required for this course. Aplia access cards with e-book (digital textbook) packaged with the textbook are available in the bookstore. Follow attached Student Registration instructions to sign up for the course on Aplia.com. You will be able to access and submit Aplia assignments from the homepage. All course material, including PowerPoint slides, exercises, instructions, grades, etc. will be posted on the Aplia Homepage.

Web Quizzes: Another course requirement is the completion of chapter web quizzes in a timely fashion (see course schedule for due dates). Typically, web quizzes are to be completed following the lecture/discussion of the chapter in class and is due at the beginning of the following class meeting (same as Aplia). In order to do well on these quizzes, please study each chapter and your notes thoroughly prior to attempting the quiz. Web quizzes test your understanding of the economic concepts in each chapter. Although you may do each web quiz any number of times, only the score of your first attempt will be recorded so it is important for you to read and study each chapter before attempting each quiz. Here is the link to the web quizzes (also provided on the Aplia homepage): http://bcs.worthpublishers.com/mankiw8/default.asp#t_796152____ COURSE REQUIREMENTS:

Exam I.............................................................................................20% of Final Grade (Tuesday, February 3, 2015)

Exam II............................................................................................30% of Final Grade (Thursday, March 12, 2015)

Assignments, Attendance and Participation in Discussions............20% of Final Grade

Web Quizzes....................................................................................10% of Final Grade (due at the beginning of the following class meeting)

Monetary Policy Report...................................................................20% of Final Grade (Due Date of final write-up: Tuesday, March 19, 2015, due online by 9:00 p.m.)

MAKE-UP EXAM POLICY:

As a rule, there are no make-up exams. All exams are scheduled at the beginning of the quarter and take place during scheduled class periods. If you need to take an exam before the scheduled date, you health reasons only, you may take a make-up exam only if you notify me in advance or contact me through the department secretary of your intentions prior to missing the exam and provide an official medical certificate from your physician. The medical certificate must state the medical reason for the absence (covering the exam date) and must be dated and signed by a medical doctor and include her/his contact information. Remember, make-up exams are essay format and will normally be more difficult. There will be no make-up for Exam II or for any missed assignments and exercises.

GRADING POLICIES:

Letter grades will be assigned according to the usual numerical equivalents: A’s (90-100), B’s (80 - 89), C’s (70 - 79), and so forth. No grades of “incomplete” will be assigned. Your grade will be based on the course requirements you have completed as of March 19, 2015.

CLASSROOM DECORUM:
1. While class is going on, all cell phones must be turned off and kept out of sight (i.e., in your backpack, pocket, etc.). No Texting or talking on the phone during class.
2. You may use calculators during class and exams however these must be simple four-function calculators. No electronic gadgets or cell phone calculators.
3. You must be in class to be eligible for extra credit work. Any extra credit work must be done on regular size paper and submitted in class during the following class meeting. No late submissions will be accepted.
4. Regular attendance is expected to pass this class.
5. Students are expected to come to class on time and stay the duration of the class. If you have good reason to come to class late or to leave class early, the respectful thing to do is to notify the instructor in advance stating the reason and approximate time of your arrival or departure.
6. Classroom disruptions will not be tolerated. You may be asked to leave the classroom especially for persistent disruptive behavior. Disruptive behavior is any action that causes distraction(s) that disturb the instructor and/or other students.

UNIVERSITY POLICY ON ACADEMIC DISHONESTY:
There are certain forms of conduct that violate the university's policy of academic integrity. ACADEMIC DISHONESTY (CHEATING) is a broad category of actions that use fraud and deception to improve a grade or obtain course credit. Academic dishonesty (cheating) is not limited to examination situations alone, but arises whenever students attempt to gain an unearned academic advantage. PLAGIARISM is a specific form of academic dishonesty (cheating) which consists of the misuse of published or unpublished works of another by claiming them as one's own. Plagiarism may consist of handing in someone else's work, copying or purchasing a composition, using ideas, paragraphs, sentences, phrases or words written by another, or using data and/or statistics compiled by another without giving appropriate citation. Another example of academic dishonesty (cheating) is the SUBMISSION OF THE SAME, or essentially the same, PAPER or other assignment for credit in two different courses without receiving prior approval.
When a faculty member discovers a violation of the university's policy of academic integrity, the faculty member is required to notify the university's Coordinator of Student Discipline and Judicial Affairs of the alleged violation, including the name(s) of the student(s) suspected, the class in which the alleged violation occurred, the circumstances of the alleged violation, and the evidence (including witnesses) supporting the allegation. The faculty member shall also formally notify the student(s) suspected of violating the university's policy of academic integrity, the department chair, and the school dean. The Coordinator for Student Discipline and Judicial Affairs shall conduct an investigation, confer with the faculty member, student(s), and any witnesses identified, and review all evidence submitted by the faculty member and student(s). Normally, the Coordinator for Student Discipline and Judicial Affairs shall make a settlement agreement with the student for his/her first violation of academic integrity with the following sanctions:
• final course grade of 'F'
• one-year 'academic probation' requiring a meeting with the Coordinator of Student Discipline and Judicial Affairs prior to registration for each subsequent academic term of the probationary year.

ECON 302 Intermediate Macroeconomics Winter 2015 TENTATIVE COURSE SCHEDULE

Date Topic Reading Assignment

Jan. 6, T The Science of Macroeconomics Mankiw, Ch.1 The Data of Macroeconomics Mankiw, Ch.2

Jan. 8, Th National Income Mankiw, Ch. 3 Web Quiz - Ch. 1 due Web Quiz - Ch. 2 due

Jan. 13, T The Monetary System Mankiw, Ch. 4 Web Quiz - Ch. 3 due

Jan. 15, Th Inflation Mankiw, Ch.5 Web Quiz - Ch. 4 due

Jan. 20, T Open Economy Macroeconomics Mankiw, Ch. 6 Web Quiz - Ch. 5 due

Due date: Part I - Macroeconomic Data Report (due online by 9:00 p.m.) Jan. 22, Th Open Economy Macroeconomics (con't) Mankiw, Ch. 6 Jan. 27, T Unemployment Mankiw, Ch. 7 Web Quiz - Ch. 6 due Jan. 29, Th Introduction to Economic Fluctuations Mankiw, Ch. 10 Web Quiz - Ch. 7 due

Feb. 3, T Exam 1 Chapters 1-7

Feb. 5, Th Aggregate Demand I: Building the IS-LM Mankiw, Ch.11 Model Feb. 10, T Aggregate Demand I: Building the IS-LM Mankiw, Ch. 11 Model Web Quiz - Ch. 10 due

Feb. 12, Th Aggregate Demand II: Applying the IS-LM Mankiw, Ch. 12 Model Due date: Part II – Comparative Assessment of the Economy (due online by 9:00 p.m.) Date Topic Reading Assignment

Feb. 17, T Aggregate Demand II: Applying the IS-LM Mankiw, Ch. 12 Model (con't) Web Quiz - Ch. 11 due

Feb. 19, Th Aggregate Supply and the Short-run Trade-off Mankiw, Ch. 14 Between Inflation and Unemployment Web Quiz - Ch. 12 due

Feb. 24, T Alternative Perspectives on Stabilization Mankiw, Ch.18 Policy Web Quiz - Ch. 14 due

Feb. 26, Th Government Debt Mankiw, Ch. 19 Web Quiz - Ch. 18 due

Due date: Part III - Policy Brief (due online by 9:00 p.m.) March 3, T The Financial System Mankiw, Ch. 20 Web Quiz - Ch. 19 due

March 5, Th Open Economy Revisited Mankiw, Ch. 13 Web Quiz - Ch. 20 due

March 10, T Open Economy Revisited Mankiw, Ch. 13 Recap and Conclusions Mankiw, Epilogue March 12, Th Exam II Chs. 10-14, 18-20 Web Quiz - Ch. 13 due

March 19, Th Due Date: Final Report (due online by 9:00 p.m.)

How to access your Aplia course

ECON 302 - Winter 2015

Instructor: Margaret Malixi
Start Date: 01/06/2015

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