econ719 no 01. introduction organizational matters
TRANSCRIPT
Macroeconomics: Content
Macroeconomics describes: The evolution of aggregate activity in an economy
Distinguished from microeconomics, which focuses on individuals and firms, or individual markets
Key variables: Output (Real GDP) Unemployment Interest rates Exchange rates Imports and exports Price level and inflation
Course Materials
Textbook: Abel and Bernanke, Macroeconomics, 5e Comes as e-book with Course Compass
Course Compass (homework) Follow the link provided from the Econ719 home
page and sign up for this course using course id: chappell90262
Online Edition: Wall Street Journal I suggest 1 month, beginning 7/23
Grading Scale
Grade Average (%) Letter Grade
90-100 A
83-90 B+
75-83 B
68-75 C+
60-68 C
55-60 D+
50-55 D
Below 50 F
The grading scale may be changed in a way that (weakly) improves all grades.
Testing
The two tests will be given on August 2 and August 23 (Thursday nights), in Columbia and at remote locations, time TBA.
Alternate make-up dates, Columbia only, August 4 and August 25 (Saturday mornings), 9 am.
Course Content and Procedures
To complete the course: Read the assigned chapters in the textbook Watch my voiced-over PowerPoint slide shows in Breeze
Presentation format These are short lectures covering all key course concepts I may also answer some questions via this format
Attend online problem/review/question and answer sessions via Breeze meeting Will be recorded and available for later viewing via the
Web. Complete Course Compass assignments
Course Compass
Completing Problem Sets I will post quizzes with due dates (see the course web page
under handouts) Submit your answers before the due date! You can access/take a quiz over again, but once you enter
the quiz you must answer all questions again and submit or your grade will revert to zero. Do not access the quiz after the due date until I have
posted answers – accessing the quiz again can remove your answers and give you a zero.
After the due date and after I have collected grades, I will post quizzes as review assignments which you can later review for practice.
Course Compass Grading
Once a due date has passed and I have collected grades, no make-ups will be possible.
To get 100% of the Course Compass grade component will NOT require that you get 100% on all assignments You get 100% if your score is greater than or equal to a
threshold value I will set The threshold will either be the maximum possible less one
assignment or the highest grade earned by any student, whichever is less.