ࡱ> g Bbjbjpp 4 j j9[///8gK,/gw~ ?!p!$!eggggggggggggghjmgg!?!?!!!gg 4|gQ%Q%Q%!R  egQ%!egQ%Q%2kV[ ֗2S9"W.Qgg<g-Xm"Bm\[[&m-[$ !!Q%!!!!!gggg-$$!!!g!!!!m!!!!!!!!!Y : San Jos State University Department of Economics ECON 102 Macroeconomic Analysis Section 01 Class Number 48603 Fall 2024 Instructor: Mark BradyOffice Location: DMH 144Telephone: 408-924-5419Email:  HYPERLINK "mailto:mark.brady@sjsu.edu" mark.brady@sjsu.edu (please write Econ 102 fall 2024 in the subject line)Office Hours: TTh 11:50 AM 12:30 PM; and by appointment MTWThClass Days/Time: TTh 9:00 10:15 AMClassroom: DMH 166Prerequisites: ECON 1A, or instructors permissionCourse Description (from the catalog) Theory of aggregate demand and related topics: national income accounting, employment and inflation, monetary and fiscal policies, economic stability, growth and balance of payments equilibrium. Course of Study How the study of economics has changed over four centuries with reference to some important economists and key economic concepts. A brief history of thought, including David Hume and the quantity theory of money, J. M. Keynes, his General Theory of Employment, Interest, and Money (1936), and the Keynesian revolution, and the monetarist counter-revolution (Milton Friedman). Measures of output (GDP, GNP, and their components), the relationship between GDP per capita, the standard of living, and welfare, and how we calculate real variables from nominal variables using measures of price inflation. Money and banking. Inflation and deflation. The open economy. Unemployment and the labor market. Economic growth, and the historical record of economic growth and development, particularly since the Industrial Revolution. The economics of ideas and intellectual property. Economic calculation and central planning. Business cycles (trade cycles), the history of the Great Depression, and the dynamic model of aggregate demand and aggregate supply to understand business fluctuations. The Phillips Curve, stabilization policy, government debt and budget deficits, the financial system and the financial crisis, and monetary policy and fiscal policy. Economic calculation, central planning, and the role of markets and prices in coordinating exchange. The economics of the public sector; public choice. Course Format In-person classes and exams. Texts/Readings Textbook Our textbook is N. Gregory Mankiw, Macroeconomics, either the 9th (New York: Worth, 2016) or the 10th edition (2019) or preferably the 11th edition (2022). (You dont have to buy access to online exercises so you are spared that expense.) (Please note that I customarily refer to the chapter numbers, and Ill be sure to mention where they differ between the ninth and tenth editions.) We work our way through Chapters 1-10, aspects of Chapters 11-13, 16-17, and Chapters 14-15, 18-20, and the Epilogue (9th ed.) / Chapters 1-10, aspects of Chapters 11-13 and 19, and Chapters 14-18, and the Epilogue (10th ed.) / Chapters 1-11, aspects of Chapters 12-14 and 20, and Chapters 15-19, and the Epilogue (11th ed.). Other Readings I distribute handouts that I expect you to read alongside the textbook. Course Requirements and Assignments Success in this course is based on the expectation that students will spend, for each unit of credit, a minimum of 45 hours over the length of the course (normally three hours per unit per week) for instruction, preparation/studying, or course related activities. More details about student workload can be found in  HYPERLINK "http://www.sjsu.edu/senate/docs/S16-9.pdf" University Policy S16-9, Course Syllabi at  HYPERLINK "/senate/docs/S16-9.pdf" /senate/docs/S16-9.pdf. There are three components to your grade: three examinations (70%), your ten best quizzes (10%), and a writing assignment (20%). The three exams consist very largely, if not entirely, of multiple-choice questions created by your instructor. The two shorter exams on Tuesday, October 1, (worth 20%) and Tuesday, November 5, (also worth 20%) emphasize what we have covered in the previous five weeks. The final exam on Monday, December 16, 7:15 9:30 AM (worth 30%) is comprehensive but with a major emphasis on what we have covered since the second exam. There are at least fifteen objective quizzes worth 10%. Each quiz is worth one point, allowing students to drop or miss at least five quizzes. Quiz scores are calculated pro rata so that 10/10 on a quiz is worth one point, and 5/10 is worth half-a-point. Quizzes are based chiefly on the assigned readings and lectures. There are no make-ups for any quizzes. The writing assignment (details TBA) is worth 20%, and is due by 6 PM on Tuesday, November 12. The Writing Center is there to help you.  HYPERLINK "/writingcenter/" /writingcenter/ Delineation of Workload for Four-Unit Course The course is a four-unit course. Following is a breakdown of the workload across the units: Course Component Student WorkInstructor EngagementRegular 3 units (9hrs/wk)Reading, Reading Discussions, Quizzes, ExamsPrepare and deliver weekly material for in-class Prepare and guide students through discussions and quizzes Evaluate student work and provide specific and actionable feedbackActivity 1 unit (3hrs/wk)Writing AssignmentProvide general guidance to students with writing assignments Evaluate student work and provide specific and actionable feedbackGrading Information Converting number grades to letter grades: 95% to 100% A plus90% to 94% A85% to 89% A minus80% to 84% B plus75% to 79% B70% to 74% B minus65% to 69% C plus60% to 64% C55% to 59% C minus50% to 54% D plus45% to 49% D40% to 44% D minusF 39% and belowIf every student does first-rate work, Id be delighted to award everyone an A. I am happy to help you. If you experience any difficulty in this course, please do not hesitate to come to me for help. I am available after our class and by appointment, and I am always happy to clarify difficult concepts, resolve any lingering confusion, or otherwise assist you in making this course enjoyable and rewarding. A minimum aggregate GPA of 2.0 91 Studies (R, S, & V) shall be required of all students as a graduation requirement. To see full text, review HYPERLINK "91 & DA 2022-2023/JMB Macro Analysis fall 2022/91 & DA 2021-2022/JMB Macro Analysis fall 2021/91 & DA 2021-2022/JMB Macro Analysis fall 2021/91 & DA 2020-2021/JMB Hist Econ Thought fall 2020/91 & DA 2020-2021/JMB Hist Econ Thought fall 2020/Backup_MarkBrady/Desktop/91 & DA 2019-2020/JMB Hist Econ Thought fall 2019/91 & DA 2017-2018/JMB Econ Hist Europe spring 2018/91 & DA 2016-2017/Documents/Downloads/University Policy S11-3"University Policy S11-3 at  HYPERLINK "/senate/docs/S11-3.pdf" /senate/docs/S11-3.pdf Classroom Protocol Class attendance is not mandatory and will not directly affect a students grade. However, students who miss classes, in addition to dropping quizzes, will very likely consign themselves to doing poorly on their exams. I therefore strongly encourage students to attend fully every class. Please note that the university is closed for Labor Day (Monday, September 2), Veterans Day (Monday, November 11), and the Thanksgiving Holiday (on Wednesday, November 27 the campus is open but it is a non-instructional day, and on Thursday-Friday, November 28-29, the campus is closed). University Policies  HYPERLINK "/students/" /students/ Dropping and Adding Students are responsible for understanding the policies and procedures about add/drop, grade forgiveness, etc. Refer to the current academic years Catalog at  HYPERLINK "https://catalog.sjsu.edu/" https://catalog.sjsu.edu/ Add/drop deadlines can be found on the Registrars fall 2024 calendar here: HYPERLINK "/registrar/calendar/fall-2024.php"/registrar/calendar/fall-2024.php And the academic year 2024-25 calendar is here: HYPERLINK "/provost/docs/Academic_Calendar-2024-25.pdf"/provost/docs/Academic_Calendar-2024-25.pdf Undergraduate Late Drop and Semester Withdrawal is available at  HYPERLINK "/ue/student-petitions/drops/index.php" /ue/student-petitions/drops/index.php Students should be aware of the current deadlines and penalties for dropping classes. Information about the latest changes and news is available at the  HYPERLINK "http://www.sjsu.edu/advising/" Advising Hub at  HYPERLINK "/advising/" /advising/ Consent for Recording of Class and Public Sharing of Instructor Material  HYPERLINK "http://www.sjsu.edu/senate/docs/S12-7.pdf" University Policy S12-7,  HYPERLINK "/senate/docs/S12-7.pdf" /senate/docs/S12-7.pdf, requires students to obtain instructors permission to record the course. Common courtesy and professional behavior dictate that you notify someone when you are recording him/her. You must obtain the instructors permission to make audio or video recordings in this class. Such permission allows the recordings to be used for your private, study purposes only. The recordings are the intellectual property of the instructor; you have not been given any rights to reproduce or distribute the material. Course material developed by the instructor is the intellectual property of the instructor and cannot be shared publicly without his/her approval. You may not publicly share or upload instructor generated material for this course such as exam questions, lecture notes, or homework solutions without instructor consent. Academic integrity Your commitment as a student to learning is evidenced by your enrollment at San Jose State University. The HYPERLINK "http://www.sjsu.edu/senate/docs/F15-7.pdf"Universitys Academic Integrity policy, located at  HYPERLINK "/senate/docs/F15-7.pdf" /senate/docs/F15-7.pdf, requires you to be honest in all your academic course work. Faculty members are required to report all infractions to the office of Student Conduct and Ethical Development. The HYPERLINK "http://dev.sjsu.edu/studentconduct/"Student Conduct and Ethical Development website is available at  HYPERLINK "/studentconduct/" /studentconduct/ Instances of academic dishonesty will not be tolerated. Cheating on exams or plagiarism (presenting the work of another as your own, or the use of another persons ideas without giving proper credit) will result in a failing grade and sanctions by the University. For this class, all assignments are to be completed by the individual student unless otherwise specified. If you would like to include your assignment or any material you have submitted, or plan to submit for another class, please note that 91s Academic Policy S07-2 requires approval of instructors. Campus Policy in Compliance with the American Disabilities Act If you need course adaptations or accommodations because of a disability, or if you need to make special arrangements in case the building must be evacuated, please make an appointment with me as soon as possible, or see me during office hours. Students with disabilities requesting accommodations must register with the HYPERLINK "http://www.sjsu.edu/aec/"Accessible Education Center (AEC) at HYPERLINK "/aec/myaeclogins/student-myaec.php"/aec/myaeclogins/student-myaec.php to establish a record of their disability. Course Scheduleand this is subject to change with fair notice (announcement in class) WeekDatesTopics, Readings, Exams, Deadlines1Sunday, August 18 Monday, August 19 Wednesday, August 21 Wednesday, August 21 August 22Advance Registration ends, Last Day to Drop for 100% Refunds Academic year beginsFall semester begins First Day of Instruction Late Registration begins on My91 at 7am The economic way of thinking and key concepts in economics2Friday, August 30 Saturday, August 31 August 27 & 29Waitlist ends Permission number is required to add a class Chapter 2: The Data of Macroeconomics3 September 2 September 3 & 5Labor Daycampus closed Chapter 3: National Income4September 10 & 12Chapter 4: The Monetary System5Tuesday, September 17 Wednesday, September 18 Thursday, September 19 September 17 & 19Last Day to Drop Classes without a "W" Grade and Last Day to Add Classes via My91; Last Day to submit Audit | Credit/No-Credit Option Request (DocuSign); Last Day to submit Instructor Drops Enrollment Census Date (No Enrollment allowed) Late Add Post Census Request required, Petition on Forms page at 9 am Late Drop/Semester Withdrawal Petition Required begins: Undergraduate Graduate Chapter 5: Inflation6September 24 & 26Chapter 6: The Open Economy7Tuesday, October 1 October 3First (shorter) exam (20%) Chapter 7: Unemployment and the Labor Market8Tuesday, October 8 October 8 & 10 Friday, October 11Instructions for the writing assignment Part III: Growth Theory (Chapter 8 / Chapters 8 & 9) Graduate Application Deadline to Qualify for Priority Registration for Undergrads9October 15 & 17Part III: Growth Theory (Chapter 9 / Chapters 9 & 10)10October 22 & 24Economics of ideas and intellectual property11October 29 & 31Chapter 10/11: Introduction to Economic Fluctuations; The Great Depression12Sunday, November 3 Tuesday, November 5 November 72 AM: Clocks go back by one hour (PDT ( PST) Second (shorter) exam (20%) The Great Recession; the Covid recession13 Monday, November 11 Tuesday, November 12 November 12 November 14Veterans Day observedcampus closed The writing assignment is due by 6 PM Inflation, unemployment, and the Phillips curve Alternative perspectives on stabilization policy; Public debt and budget deficits14Monday, November 18 November 19 November 21Semester Withdrawal Deadline; Late Enrollment Post Census ends Financial system Monetary policy and fiscal policy15November 26 Wednesday, November 27 November 2829Economic calculation and central planning Non-Instructional Daycampus open Thanksgiving Holidaycampus closed; Rescheduled Holidaycampus closed16December 2 & 4Economics of the public sector; public choice17Monday, December 9 Tuesday, December 10 December 11-13, 16-17 Monday, December 16 Wednesday, December 18 December 19 & 20Last Day of Instruction Last Day to Complete Coursework for Incomplete Grades Study/Conference Day (no classes or exams) Final exams Final exam (30%) DMH 166 7:15 9:30 AM Final exams make-up day Commencement      -  PAGE 6 - Econ 102-01 Macroeconomic Analysis, TTh 9:00 10:15 AM 12367:=ST\]^_`agnopqsty{|}~ԾwwlalYNh0h=CJaJhcCJaJhhCJaJhhp%CJaJh Bh BCJaJh BhCJaJh BhSKCJaJh CJaJhKMCJaJhhy,CJaJhhJCJaJhhSKCJaJhhCJaJhh"CJaJhhNCJaJhhsCJaJhhFCJaJ2Tt~URkd$$Ifl0 D%` P t%44 la $Ifgd^VD $Ifgd^VDgdJ $<]^gdN $<]^gdT $]^gd"&~   ( * + > ? @ L l m Ĵİ쬨읖쒋h_ h0hcx h0hphgjJ h0h6hMZ h6h6hKMh6h9Oh:hZ0J hZhZjhZU h0h/ h0hXhd[ h0hF h0hlShZh0hFaJ h0hJ28Rkd$$Ifl0 D%` P t%44 la <$Ifgd^VDRkdL$$Ifl0 D%` P t%44 la <$Ifgdd[ <$Ifgd^VD@ yp<$If]pgdMZRkd$$Ifl0 D%` P t%44 la P$If]PgdZ <$Ifgdc <$Ifgd^VD    # CRkd|$$Ifl0 D%` P t%44 la <$Ifgdd[ <$Ifgd^VDRkd0$$Ifl0 D%` P t%44 la        " # $ 3 ? 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