Class Information
| Term | Spring, 2002 |
|---|---|
| Instructor | James Smith |
| Texts |
1. Brief Principles of Macroeconomics (Gregory Mankiw) 2. Economics Explained (Robert Heilbroner, Lester Thurow) 3. The Age of Diminished Expectations (Paul Krugman) |
| Final Grade | A |
Lecture Notes
| Topic 1 | Why study economics? |
| Topic 2 | Markets and the Market Economy |
| Topic 3 | Supply and Demand |
| Topic 4 | GDP |
| Topic 5 | Productivity and Growth |
| Topic 6 | Inflation |
| Topic 7 | Unemployment |
| Topic 8 | Business Cycles |
| Topic 9 | Fiscal Policy |
| Topic 10 | (Stocks and Bonds. See WebCT.) |
| Topic 11 | Money and Banking |
| Topic 12 | Central Banking and the Federal Reserve |
| Topic 13 | International Trade |
| Topic 14 | International Finance |
| Topic 15 | Globalization |