ECON 1a, Principles of Macroeconomics, Spring 2010

Last update: May 15. Please scroll down to find the latest stuff, in red.

The classes will be essentially identical. If you have to miss a class, you may attend the other session, but don't make this a habit.

Contact info

Syllabus and text

The syllabus is here. Your text is Heyne, Boettke and Prychitko, The Economic Way of Thinking 12th ed., Prentice Hall. 2009. It is available at Amazon.com. Be sure to get the 12th edition.

Online Homework

Homework assignments will be done online at Aplia. You must register there and pay a fee. When you register, use course code DBGP-7DQ8-H8X9. Homework will generally be due online at 11:30 PM on Mondays. It will be graded automatically at that time, except for "essay" questions which I have to grade manually.

Quizzes

There will be short quizzes at the start of class most Wednesdays.

Midterm exam

There will be a midterm exam on Mar. 24 in class.

Final exam

There will be a comprehensive final exam on May 21 at 9:45 AM (10:30 class) and May 24, 7:15 AM (9AM class). A study guide is available for download along with this supplement, added May 15.

Announcements:

You can get 0.5% added to your final course grade for each Provocative Lecture that you attend.

Written assignment for extra credit

This opportunity is meant primarily for people whose schedules make it impossible for them to attend Provocative Lectures. Anyone may do the assignment for up to 1% of the final grade, but maximum extra credit is capped at 1.5% including both Provocative Lectures at 0.5% each and the writing assignment. If you think you are interested, down load the instructions . The assignment is based on a Wall Street Journal article which I cannot post here, but I will send you a copy by email if you ask. Of course, you are not obligated to complete the assignment if you ask for the article. The due date is May 12.

Video assignment for Feb. 15

The campus will be closed for a furlough day on Mon. Feb. 15. You will watch a video instead of coming to class and you will answer some brief questions as you watch. It is a recording of a lecture given by Prof. Steve Horwitz at the Foundation for Economic Education in the summer of this year. His topic is "The Great Recession of 2008-2009." There is also an audio version that you can download. The link is here. Before you start, print the two-page question sheet (link here). Write your answers on it as you watch the video and submit it in class on Wed. Feb. 17 in lieu of a quiz. Of course, you may watch the video anytime between now and then.

Downloads.

(Apr 25)Download this five-page writeup on saving and investment. You are responsible for reading and understanding this material, which is not well covered in the text.

Download this two-page description of the GDP calculations that you must learn.

Here is the Hayek vs. Keynes rap video that I expect to show in class.

Aplia assignments, (www.aplia.com)

Lecture files

These are the powerpoint files that I will use in class. They don't really stand on their own because they contain mostly talking points, so they aren't a substitute for attending class. You may find it useful to print them and bring them to class to use with note-taking.