ECON 252: Macroeconomics for Business

Mr. Cunningham Office: 204B Bridge Hall

Fall, 2010 SOS B46 4:00-5:50 Monday-Wednesday

Textbook: Macroeconomics (6th edition 2008, Pearson/Addison Wesley)

by Abel, Bernanke and Croushore (ABC).

Grading: 5 Quizzes, 25%; Exam 1, 20%; Exam 2, 20%; Final, 35%.

Statement from Disability Services and Programs

Any student requesting academic accommodations based on a disability is required to register with Disability Services and Programs (DSP) each semester. A letter of verification for approved accommodations can be obtained from DSP. Please be sure the letter is delivered to me as early in the semester as possible. DSP is located in STU 301 and is open 8:30 a.m. - 5:00 p.m., Monday through Friday. The phone number for DSP is (213) 740-0776.

Academic Dishonesty

“The Use of unauthorized material, communication with fellow students during an examination, attempting to benefit from the work of another student, and similar behavior that defeats the intent of an examination, or other class work is unacceptable to the University. It is often difficult to distinguish between a culpable act and inadvertent behavior resulting from the nervous tensions accompanying examinations. Where a clear violation has occurred, however, the instructor may disqualify the student’s work as unacceptable and assign a failing mark on the paper.” (SCampus)

Dates Reading Topics

8-23 8-25 ABC 1 Introduction to Macroeconomics

ABC 2 The Measurement and Structure of the National Economy

8-30 9-1 ABC 3 Productivity, Output and Employment

9-6 Labor Day No Class

9-8 ABC 4 Quiz 1; Consumption, Saving, and Investment

9-13 9-15 ABC 5 Saving and Investment in the Open Economy

9-20 Exam 1

9-22 ABC 6 Long-Run Economic Growth

9-27 9-29 ABC 7 The Asset Market, Money, and Prices

10-4 10-6 ABC 8 Quiz 2; Business Cycles

10-11 10-13 ABC 9 The IS-LM/AD-AS Model:

A General Framework for Macroeconomic Analysis

10-18 10-20 ABC 10 Quiz 3; Classical Business Cycle Analysis:

Market-Clearing Macroeconomics

10-25 Exam 2

10-27 ABC 11 Keynesianism:

The Macroeconomics of Price and Wage Rigidity

11-1 11-3 ABC 11, 12 Keynesianism; Unemployment and Inflation

11-8 11-10 ABC 12 Quiz 4; Unemployment and Inflation

11-15 11-17 ABC 13 Exchange Rates, Business Cycles, and Macroeconomic

Policy in the Open Economy

11-22 11-24 ABC 14 Quiz 5; Monetary Policy and the Federal Reserve System

11-29 12-1 ABC 15 Government Spending and Its Financing

12-8 Final Exam 4:30-6:30

http://www.usc.edu/academics/classes/term_20103/finals.html