ECON320 - Intermediate Macroeconomic Analysis - California State University, Fullerton - Dr Toche

GENERAL

This course is intended for students of the California State University at Fullerton. The aim of this course is to introduce students to intermediate macroeconomics. Material for the course will be uploaded here as it becomes available. This page is available on Canvas at https://csufullerton.instructure.com/courses (requires login) and on Google sites: https://sites.google.com/view/econ-320/ (public access). You may also be interested in my Principles of Micro (https://sites.google.com/view/econ-201/) and my Principles of Macro (https://sites.google.com/view/econ-202/).

SYLLABUS & SCHEDULE

Available on Canvas.

TEXTBOOK

N. Gregory Mankiw, Macroeconomics, Worth Publishers, 12th edition, with Achieve Essentials (ebook).

I will be following Greg Mankiw's textbook closely. Homework and Midterms are managed via the MacMillan/Achieve platform, which requires a subscription.

LECTURES

The lecture notes are made available in PDF format only. The "slides" are for viewing on horizontal screens. The "handouts" have been stripped of many illustrations and images and are therefore significantly smaller in size. The slides will be used during class. Extended versions of the slides and handouts are also available. A selection of solved problems is available on Canvas.

0. Backdrop for this Course

Intro to Macro: [Slides]

1. The Science of Macro

[Handout] [Slides] [Handout-Ext] [Slides-Ext]

Mankiw, Chapter 1

2. The Data of Macro

[Handout] [Slides] [Handout-Ext] [Slides-Ext]

Mankiw, Chapter 2

3. National Product

[Handout] [Slides] [Handout-Ext] [Slides-Ext]

Mankiw, Chapter 3

4. National Income

[Handout] [Slides] [Handout-Ext] [Slides-Ext]

Mankiw, Chapter 4

5. The Monetary System

[Handout] [Slides] [Handout-Ext] [Slides-Ext]

Mankiw, Chapters 5 + 20

6. Causes of Inflation

[Handout] [Slides] [Handout-Ext] [Slides-Ext]

Mankiw, Chapter 6

7. The Open Economy

[Handout] [Slides] [Handout-Ext] [Slides-Ext]

Mankiw, Chapter 7

8. The Labor Market

Mankiw, Chapter 8

[Handout] [Slides] [Handout-Ext] [Slides-Ext]

9. Capital Accumulation and Growth

Mankiw, Chapter 9

[Handout] [Slides] [Handout-Ext] [Slides-Ext]

10. Population Growth and Technology

Mankiw, Chapter 10

[Handout] [Slides] [Handout-Ext] [Slides-Ext]

11. Economic Growth and Policy

Mankiw, Chapter 11

[Handout] [Slides] [Handout-Ext] [Slides-Ext]

12. Economic Fluctuations

Mankiw, Chapter 12

[Handout] [Slides] [Handout-Ext] [Slides-Ext] [Animation]

13. IS-LM Model and Aggregate Demand

[Handout] [Slides]

Mankiw, Chapter 13

14. IS-LM Model and Policy

[Handout] [Slides]

Mankiw, Chapter 14

16. Inflation & Unemployment

[Handout] [Slides] [Handout-Ext] [Slides-Ext]

Mankiw, Chapter 16

19. Government Debt & Budget Deficits

[Handout] [Slides] [Handout-Ext] [Slides-Ext]

Mankiw, Chapter 19

30. Inequality

Stevenson & Wolfers, Principles of Macroeconomics, Chapter 8 + World Inequality Report.

[Handout] [Slides] [Handout-Ext] [Slides-Ext] [Animation]

[PDF] World Inequality Report
[PDF] U.S. Census Income Report
[PDF] U.S. Census Poverty Report

ASSESSMENT

Any Date changes will be announced on Canvas

1. Homework [20%]

Assignments are managed via the MacMillan/Achieve platform available via Canvas.

2. Participation [20%]

Instructions will be discussed in class .

3. Midterm [30%]

Midterms are managed via the MacMillan/Achieve platform available via Canvas. Examinable topics are listed in the Diary. This is an in-class closed-book examination.

4. Final [30%]

In-class and closed book. No smartphones. No internet access. No calculators. All topics covered in class are examinable. The full list of topics is listed in the Diary. Refer to end-of-chapter problems and to the model answers for examples of problems.

GRADES

Course grades are letter grades from the following categories: A+, A, A-, B+, B, B-, C+, C, C-, D, F. Component grades are percentage grades. When added up, component grades are mapped to the letter grades according to a standard equivalence scale. The syllabus contains details of the conversion rules.

Typically a very small percentage of students fail the course. This usually happens if students give up in the middle of the semester and stop participating and submitting assignments. If you choose to drop out of the course, do it by the deadline. On rare occasions students have failed because their performance in the final examination was very poor. While most students should be able to pass the course, getting a B is not automatic and getting an A is very demanding.

EXTRA

Videos

[Micro] [Macro]

Pandemic Redux

[Handout] [Slides]

Maps

[Handout] [Slides]

Economists

[Photos] [Slides]

Financial Crises

[Handout] [Slides]

Finance and Politics