3560 Syllabus 002Fall2013

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1 ECONOMICS 3560.002 INTERMEDIATE MACRO Tuesdays: 6:30pm 9:20pm ~ GAB 310 Instructor: Bryan Dickson E-mail: [email protected] Office: Hickory Hall 265 Phone # 940-565-4542 Office Hours: MWF 10:00-10:55am, Noon-12:55pm & M 6:00pm-6:20pm Course Textbooks and Other Materials Required Workbook: Intermediate Macroeconomics Workbook (yellow cover) by Susan Dadres, Stipes Publishing, 2011. You must bring your workbook to every class meeting. You will have homework & quiz assignments from your workbook throughout the semester. You will also need sharp number 2 pencils and a calculator. You may not use your cell phone or any other electronic device in place of a calculator. Course Purpose, Goals and Objectives This class builds on the theories, institutions, and policies presented in Principles of Macroeconomics to further your understanding of how the economy operates in both the short run and the long run. Grading Policy Your final grade in this course will be determined from your grades on exams, homework, quizes, and a final exam. The maximum points for each category are: Semester exams (two 50 minute exams worth 25% each) = 500 points Homework & Quiz assignments (25%) = 250 points Comprehensive final exam (25%) = 250 points Total = 1,000 points The final course grade is based on 1,000 possible points and will be assigned according to the following scale: A = 1,000 900 C = 799 700 F = 599 or below B = 899 800 D = 699 600 There will be 4 homework assignments and 7 quiz assignments (11 total), each worth 25 points; only the top 10 grades will be counted. A grade of incomplete will be assigned only for authorized and excused absences and with a time limit for completion of course material. Incompletes must be coordinated with the instructor prior to the end of the semester. No extra credit assignments will be given during the regular semester. Examination Policy Exam dates and the chapters and/or pages to be covered are listed below. You must bring a UNT student identification card, a calculator, and a number 2 pencil to each exam. YOU MUST PRESENT A VALID UNT STUDENT ID AND WRITE YOUR 8-DIGIT UNT STUDENT ID NUMBER ON YOUR EXAM TO RECEIVE CREDIT FOR THAT EXAM. THERE WILL BE NO MAKE-UP EXAMS. If you miss an exam with a university-approved excuse, notify me immediately by email, then provide documentation to request that the grade you earn on the comprehensive final exam be used to replace the missing exam grade (IE: Final = 50%). If you miss an exam with no university- approved excuse, a grade of 0 is recorded and the option of dropping the class should be carefully considered.

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Transcript of 3560 Syllabus 002Fall2013

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ECONOMICS 3560.002 – INTERMEDIATE MACRO

Tuesdays: 6:30pm – 9:20pm ~ GAB 310

Instructor: Bryan Dickson E-mail: [email protected] Office: Hickory Hall 265

Phone # 940-565-4542 Office Hours: MWF 10:00-10:55am, Noon-12:55pm & M 6:00pm-6:20pm

Course Textbooks and Other Materials

Required Workbook: Intermediate Macroeconomics Workbook (yellow cover) by Susan Dadres, Stipes

Publishing, 2011. You must bring your workbook to every class meeting. You will have homework & quiz

assignments from your workbook throughout the semester. You will also need sharp number 2 pencils and a

calculator. You may not use your cell phone or any other electronic device in place of a calculator.

Course Purpose, Goals and Objectives

This class builds on the theories, institutions, and policies presented in Principles of Macroeconomics to further

your understanding of how the economy operates in both the short run and the long run.

Grading Policy

Your final grade in this course will be determined from your grades on exams, homework, quizes, and a final

exam. The maximum points for each category are:

Semester exams (two 50 minute exams worth 25% each) = 500 points

Homework & Quiz assignments (25%) = 250 points

Comprehensive final exam (25%) = 250 points

Total = 1,000 points

The final course grade is based on 1,000 possible points and will be assigned according to the following scale:

A = 1,000 – 900 C = 799 – 700 F = 599 or below

B = 899 – 800 D = 699 – 600

There will be 4 homework assignments and 7 quiz assignments (11 total), each worth 25 points; only the top 10

grades will be counted.

A grade of incomplete will be assigned only for authorized and excused absences and with a time limit for

completion of course material. Incompletes must be coordinated with the instructor prior to the end of the

semester. No extra credit assignments will be given during the regular semester.

Examination Policy

Exam dates and the chapters and/or pages to be covered are listed below. You must bring a UNT student

identification card, a calculator, and a number 2 pencil to each exam. YOU MUST PRESENT A VALID

UNT STUDENT ID AND WRITE YOUR 8-DIGIT UNT STUDENT ID NUMBER ON YOUR EXAM TO

RECEIVE CREDIT FOR THAT EXAM.

THERE WILL BE NO MAKE-UP EXAMS. If you miss an exam with a university-approved excuse, notify me

immediately by email, then provide documentation to request that the grade you earn on the comprehensive final

exam be used to replace the missing exam grade (IE: Final = 50%). If you miss an exam with no university-

approved excuse, a grade of 0 is recorded and the option of dropping the class should be carefully considered.

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Course Calendar

Week 1: Sept 3rd

: Chap 1 Macroeconomic Goals, Measuring Unemployment,

Steady-state Unemployment (Natural Unemployment)

Week 2: Sept 10th

: Chap 1 Measuring Inflation, Real/nominal Income, National Income and GDP

Quiz 1 due.

Week 3: Sept 17th

: Chap 1 Growth Rate, Chap 2 AD/AS Model, Self-Correcting Mechanism

Homework 1 due.

Week 4: Sept 24th

: Chap 2 Classical Model, Monetary Policy, Quantity Theory of Money

Quiz 2 due.

Week 5: Oct 1st: Chap 2 Economic Growth, Solow Model, Golden Rule Steady-state Growth

Homework 2 due.

Week 6: Oct 8th

: Exam 1

Week 7: Oct 15th

: Chap 3 Keynesian Economics, Fiscal Policy and Multiplier Analysis

Quiz 3 due.

Week 8: Oct 22nd

: Chap 3 Deriving IS and LM, Short-run Equilibrium in the IS-LM Framework

Quiz 4 due.

Week 9: Oct 29th

: Chap 3 Policy Analysis in the IS-LM Framework

Quiz 5 due.

Week 10: Nov 5th

: Chap 3 Deriving AD, Macroeconomic Policy Debates.

Homework 3 due.

(Note: Wednesday, Nov 6 Last Day to Drop with approval)

Week 11: Nov 12th

: Exam 2

Week 12: Nov 19th

: Chap 4 Net Exports and Net Foreign Investment, Exchange Rates

Quiz 6 due.

Week 13: Nov 26th

: Chap 4 Long-Run & Short-Run Policy Analysis in an Open Economy

Homework 4 due.

Week 14: Dec 3rd

: Pre-finals week – review and wrap-up

Quiz 7 due.

Week 15: Dec 10th

: Comprehensive Final Exam

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Attendance Policy

Class attendance will significantly increase your chances for a better understanding of economics and a better

grade. That being said, I do not have an attendance requirement. Students are not penalized for missing class.

Classroom Conduct: Acceptable Student Behavior

Student behavior that interferes with the instructor’s ability to conduct a class or other students' opportunity to

learn is unacceptable and disruptive and will not be tolerated in any instructional forum at UNT. Students

engaging in unacceptable behavior will be directed to leave the classroom and the instructor may refer the student

to the Center for Student Rights and Responsibilities to consider whether the student's conduct violated the Code

of Student Conduct. The university's expectations for student conduct apply to all instructional forums, including

university and electronic classroom, labs, discussion groups, field trips, etc. The Code of Student Conduct can be

found at www.unt.edu/csrr

Personal Electronics Policy

You may not have any personal electronic communications or other devices turned on during class without prior

permission from the Instructor. This includes laptops, tablets, MP3s, and cell phones. Please turn off cell phones

– never take or make a call in class. Please step out to the hallway to take or make a call.

E-mail Etiquette

Only e-mails in which you give your name, class, and section number will be answered. The course and

section number should be in the subject line of your e-mail to ensure that it gets through and will be opened.

Please address the recipient and use correct grammar and spelling. E-mail correspondence should be appropriate

and should not contain requests for handouts, notes, grades, etc. to be sent or faxed to you, and should never be a

request to treat your coursework and grade differently than what is outlined on this syllabus. Inappropriate e-

mails and student requests will be forwarded to the appropriate campus administrator.

Miscellaneous

Access class materials online at https://learn.unt.edu/.

The Help Center is in Wooten Hall 311. It is staffed by an Academic Assistant who can explain the material,

answer questions, and help you with some assignments. The Help Center hours will be announced as soon as the

schedule has been finalized.

See http://essc.unt.edu/registrar/schedule/fall/withdraw.html for detailed information about dropping or

withdrawing. Go to the department office (Hickory Hall, room 254) before Wednesday, November 6th to obtain a

drop slip which I have already signed, giving a grade of “W”, or discuss your options with me. If you stop

attending and do not drop the class, you may receive an “F” in the course.

You may request a grade of Incomplete only if at least one-half of the work has been completed with a passing

grade and an emergency (illness, family emergency, etc.) prevents you from completing the rest. If you meet

these requirements, request a grade of Incomplete before December 9th

(you can make the request by email if you

aren’t able to see me).

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Copyrights

Class lectures are protected by state common law and federal copyrights. They are the original expression of the

Instructor and may be recorded at the same time as delivered in order to secure protection. Whereas, you are

authorized to take notes in class thereby creating a derivative of the lecture, the authorization extends only to

making one set of notes for your PERSONAL USE. You are not authorized to record lectures or to make

commercial use of them without the Instructor’s prior express written permission.

Cheating and Plagiarism

The UNT Department of Economics adheres to the University’s Policy on Cheating and Plagiarism. To view the

complete policy, go to www.vpaa.unt.edu

Cheating: The use of unauthorized assistance in an academic exercise, including but not limited to:

1. use of any unauthorized assistance to take exams, tests, quizzes or other assessments;

2. dependence upon the aid of sources beyond those authorized by the instructor in writing papers, preparing

reports, solving problems or carrying out other assignments;

3. acquisition, without permission, of tests, notes or other academic materials belonging to a faculty or staff

member of the University;

4. dual submission of a paper or project, or re-submission of a paper or project to a different class without

express permission from the instructor;

5. any other act designed to give a student an unfair advantage on an academic assignment.

Plagiarism: Use of another’s thoughts or words without proper attribution in any academic exercise, regardless of

the student’s intent, including but not limited to:

1. the knowing or negligent use by paraphrase or direct quotation of the published or unpublished work of

another person without full and clear acknowledgement or citation.

2. the knowing or negligent unacknowledged use of materials prepared by another person or by an agency

engaged in selling term papers or other academic materials.

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Disability Accommodation

The University of North Texas makes reasonable academic accommodation for students with disabilities.

Students seeking accommodation must first register with the Office of Disability Accommodation (ODA) to

verify their eligibility. If a disability is verified, the ODA will provide you with an accommodation letter to be

delivered to faculty to begin a private discussion regarding your specific needs in a course. You may request

accommodations at any time, however, ODA notices of accommodation should be provided as early as possible

in the semester to avoid any delay in implementation. Note that students must obtain a new letter of

accommodation for every semester and must meet with each faculty member prior to implementation in each

class. For additional information see the Office of Disability Accommodation website at http://www.unt.edu/oda.

You may also contact them by phone at 940.565.4323. The Economics Department cooperates with the Office of Disability Accommodation (ODA) to make

reasonable accommodations for qualified students with disabilities. If you have not registered with ODA, we

encourage you to do so. Please present your written accommodation request on or before the 4th class day.