Spring 2004

ECON 371

Intermediate Macroeconomics

3 credit hours

Dr. Souren Soumbatiants

Assistant Professor

DeBusk School of Business

(423) 869-6379 office DB 317

webpage: http://vista.acaweb.org

e-mail: soumbat@lmunet.edu

 

Course Description: Detailed examination of theoretical basis of modern explanations of economic stability: output determination, employment, inflation, growth, and the tools to effectuate such monetary and fiscal policies.

 

Prerequisites: ECON 211, ECON 212.

 

Anti-plagiarism policies (see LMU handbook)

 

Students with disabilities policies (see LMU handbook)

 

Grading: A: 90+, B: 80 – 89, C: 70 – 79, D: 60 – 69, F: below 60.

 

Assignments – 20%                                                                  Midterm Exam – 20%

Research Paper – 30%                                                 Final Exam – 30%

 

Tentative Calendar

 

Class

Topic

Chapters

Assignments

1/14

Introduction

1, 2

1 (due 1/19)

1/21

Classical Model

3, 4

2 (due 1/26)

1/28

Keynesian Model

5

 

2/4

Keynesian Model

6

3 (due 2/9)

2/11

Keynesian Model

7, 8

4 (due 2/16)

2/18

Monetarists

9

 

2/25

Alternative views

10

5 (due 3/1)

3/3

Midterm Exam

 

 

3/10

New Classical Economics

11

6 (due 3/15)

3/17

RBC and New Keynesian Economics

12

7 (due 3/22)

3/24

Spring Break

 

 

3/31

Economic Policies

16, 17, 18

 

4/7

Economic Growth

19

8 (due 4/12)

4/14

Consumption and Investment

20

9 (due 4/19)

4/21

Money Demand

21

10 (due 4/26)

4/28

Paper due date

 

 

5/5

Final exam

 

 

 

Assignments are due in the electronic format by 9 pm Monday, following the class date.