ECONOMICS 102

MACROECONOMIC PRINCIPLES

INSTRUCTOR: FRANNY CHAN

 E-mail address: frannychan@hotmail.com

fchan@fullcoll.edu

Voice mail: 714-992-7000 ext. 28729

 COURSE OBJECTIVE:

This course presents the United States' basic macroeconomics system.  Students are expected to understand the role of government, business cycles, and fiscal and monetary policies.

REQUIRED TEXT:

Parkin. Economics, 9th edition, Pearson Education Inc. 2009.

Macroeconomics Course Material: use link in the course website, print out handouts, staple them together and bring them to class. 

CLASS WEBSITE:

http://staffwww.fullcoll.edu/fchan/ Please click on Macroeconomics for additional information about this class.

RECOMMENDED READINGS:

Have access to newsmagazine and newspaper such as U.S. News and World Report, Time, Business Week, Fortune or the Wall Street Journal. Current economic news will be discussed in the class. It will be helpful if you can familiar yourself with the present economic environment of our country. 

COURSE OUTLINE 

ECONOMIC SYSTEMS (Review) CH: 1, 2, 3,

MACROECONOMIC FUNDAMENTALS CH:  21, 22, 27.                                                           EXAM I

MACRO ECONOMIC STABILITY, INSTABILITY AND FISCAL POLICY CH:  28, 29, 30.                 EXAM II

MONEY, BANKING, MONETARY POLICY AND INTERNATIONAL TRADE CH: 24, 25, 31, 26.      EXAM III

ECONOMIC GROWTH CH: 23 

FINAL IS COMPREHENSIVE

GRADING:

Your grade is based upon

6 classroom assignments (30%, 5% each)

3 exams (45%, 15% each)

1 final exam (25%) 

 No makeup examinations will be given.  If you miss an exam, the final will be counted twice.

If you wish to withdraw from this class, be sure to drop officially in the record office. Failure to do so will result in an F.

Classroom assignments

These assignments have to be finished in the classroom.  They are open-book exercises and will be given at the end of class sections. No makeup assignments will be given, and no late classroom assignments will be accepted.  If you missed an assignment, you have to do the extra ones to make up. You will be given more than 6 assignments. If you did more than 6 assignments, the extra assignments will be counted as extra credit towards your grade.

Exams

Examinations will consist two parts: true/false and fill-in-the-blank problems. Sample Exam will be very helpful in preparing for the exams. You can prepare a formulae sheet and a calculator to bring to the exams. No makeup examinations will be given.  If you miss an exam, final exam will be counted twice.

COMMUNICATION:

I would be glad to answer your questions about the lecture or course materials. The most effective method of contacting me is by e-mail.  Usually, I will respond to your questions within 24 hours. If you like to talk to me, I can meet you before the class or by appointment. 

The general rules of the College, the requirements of the Social Science Division and the Department of Economics are all assumed and specially applied to the cases of cheating, plagiarism and assignment of an incomplete grade.