1. ECNM 1115 CRN: 50878 G01 CRN: 51322 G03 Instructor: Dr
Jean-Pierre Mulumba 1 Principles of Macroeconomics Prof Jean-Pierre
Mulumba Ph. D.
2. Principles of Macroeconomics Agenda for today class 2
Greeting Discussion of syllabus Introductions Limits, Alternatives,
and Choices Prof Jean-Pierre Mulumba Ph. D.
3. Syllabus Discussion 3 Prof Jean-Pierre Mulumba Ph. D.
4. Principles of Macroeconomics Instructor: 4 Jean-Pierre
Mulumba, Ph.D. EMAIL: [email protected] PHONE #: 857 888 6490
(week days and working hours) OFFICE HOURS: By appointment Prof
Jean-Pierre Mulumba Ph. D.
5. Principles of Macroeconomics Schedule 5 Class Meeting Times:
Group 01: M and W: 13:30-15:10 Location: Snell Library 002 Group
03: M and W : 13:30-15:10 Location: Ell Hall 411 Prof Jean-Pierre
Mulumba Ph. D.
6. Principles of Macroeconomics 6 COURSE TEXT: Required:
Campbell McConnell, Stanley Brue, and Sean Flynn, Macroeconomics,
20th Edition, McGraw-Hill, 2014, ISBN 978-0-07-766062-8 Prof
Jean-Pierre Mulumba Ph. D.
7. Principles of Macroeconomics 7 COURSE DESCRIPTION This
course introduces macroeconomic analysis. It will study Flow of
national income, Economic growth and fluctuations, Money and
banking, Monetary and fiscal policies. It emphasizes on conceptual
tools to analyze economic problems Prof Jean-Pierre Mulumba Ph.
D.
8. Principles of Macroeconomics Course Objectives Prof
Jean-Pierre Mulumba Ph. D.8 Economics is the study of How to make
choices How to reach decisions. This way of thinking involves the
following three objectives: To learn and remember the economics
perspective: there are substitutes for everything every choice has
costs and benefits: theres no such thing as a free lunch value is a
function of scarcity
9. Principles of Macroeconomics Course Objectives (continued 1)
Prof Jean-Pierre Mulumba Ph. D.9 To become familiar with the
economic tools: Market analysis Marginal analysis Costs To
understand the economic objective: The efficient allocation of
scarce resources
10. Principles of Macroeconomics 10 COURSE METHODOLOGY Class
delivery format is lectures and discussions All students are
expected to participate. Assessments: Three quizzes One midterm
exam, Group project presentation, Final exam. Short assignment for
every chapter. Included in students grade Prof Jean-Pierre Mulumba
Ph. D.
11. Principles of Macroeconomics 11 COURSE METHODOLOGY
(continued 1) During the semester, students are expected to
complete these duties: All readings assigned Participation in class
discussions Preparation of papers/summaries Presentation of
materials individually or in teams as assigned Prof Jean-Pierre
Mulumba Ph. D.
12. Principles of Macroeconomics 12 COURSE METHODOLOGY
(continued 2) Group Presentation: Groups are constructed during the
semester. group will be required to select a research topic on a
list of topics presented by the instructor (suggestion: Current
Issues in Macroeconomics, Chapter 19). The group is constituted
during the second week of the semester. The group will research
articles from any source, NU databases, and library resources to do
a PowerPoint presentation on the topic. The presentation should be
about 20-25 minutes followed by questions and answers. More
information will be forthcoming. Prof Jean-Pierre Mulumba Ph.
D.
13. Principles of Macroeconomics Assignments Policy 13
Assignments are due when specified. Assignments are due in writing
form emailed to me Please contact me as soon as possible if any
circumstance prevent you to achieve the assignment. Prof
Jean-Pierre Mulumba Ph. D.
14. Principles of Macroeconomics 14 GRADING STANDARDS AND
EVALUATION Evaluation Standards:
http://www.youtube.com/watch?v=WVvKnq5XT-g Participation includes:
Always being prompt and regularly attending classes. Demonstration
of familiarity with the assigned readings for each week.
Contributing to group discussions by offering ideas and asking
questions. Listening when others talk, both in groups and in class.
Criteria Percent of grade Attendance/participation: 10% 3 quizzes
30% Mid term 15% Final exam 15% Prof Jean-Pierre Mulumba Ph.
D.
15. Principles of Macroeconomics 15 GRADING STANDARDS AND
EVALUATION (continued 1) Evaluation Standards:
http://www.youtube.com/watch?v=WVvKnq5XT-g Criteria Percent of
grade End-of-Chapter Assignments 10% Group presentations 20% Total
100% Prof Jean-Pierre Mulumba Ph. D.
16. Principles of Macroeconomics CLASSROOM POLICY 16 Laptops,
mobile phones and translation machines are NOT allowed on your desk
during class. I will not tolerate any student not paying attention,
chatting with classmates, or working on other assignments in class.
Prof Jean-Pierre Mulumba Ph. D.
17. Principles of Macroeconomics Behavioral Expectations 17 We
require respecting each other We require being polite to each other
Side personal conversations will not be accepted Speaking your
native language in class is not accepted Prof Jean-Pierre Mulumba
Ph. D.
18. Principles of Macroeconomics Attendance and Tardiness
Policies 18 Class attendance is mandatory. Regular attendance is
required to maintain legal immigration status in the US. Regular
attendance is essential to achieving a passing grade in a course.
Attendance is taken at the beginning of each class. Arriving late
in class by 5 minutes or more will be marked absent for that day,
unless the tardiness is excusable. It is the responsibility of the
student to contact the course Instructor in advance, in the event
of an excused absence. Prof Jean-Pierre Mulumba Ph. D.
19. Principles of Macroeconomics Attendance and Tardiness
Policies 19 Absence from class does not relieve a student of
responsibility for assignments. Class absences require
documentation where possible. Two unexcused absences will be
flagged with the Program Manager. Every subsequent absence will
cause the students final grade in the course to be decreased one
grade increment (i.e. B- to C+). Prof Jean-Pierre Mulumba Ph.
D.
20. Principles of Macroeconomics Course Guidelines-Absence for
Inclement Weather Prof Jean-Pierre Mulumba, PH D.20 What you have
to do: Continue readings Complete all assignments as listed in the
course outline
21. Principles of Macroeconomics ACADEMIC HONESTY AND INTEGRITY
STATEMENT Academic dishonesty violates the most fundamental values
of an intellectual community and undermines your achievements. If
you witness a violation of this policy you should report it to the
appropriate faculty member or the Office of Student Conduct &
Conflict Resolution (204 Ell Hall (617) 373-4390). Violations of
this policy can lead to course failure, suspension and even
expulsion from the University. If a student feels that he or she
has been wrongly accused he has the right to appeal the charge to
the body that first issued the sanction 21 Prof Jean-Pierre Mulumba
Ph. D.
22. Principles of Macroeconomics ACADEMIC HONESTY AND INTEGRITY
STATEMENT (continued 1) Examples of academic dishonesty Cheating
intentionally using or attempting to use unauthorized materials,
information or study aids in an academic exercise. This includes
unauthorized use of notes, text, the Internet, or other aids during
an exam or copying from another students academic work for any
assignment. Fabrication intentional and unauthorized falsification,
misrepresentation, or invention of any data, or citation in an
academic exercise. Examples may include making up data for a
research paper, altering the results of a lab experiment or survey,
listing a citation for a source not used, or stating an opinion as
a scientifically proven fact. Plagiarism intentionally representing
the words or ideas of another as ones own in any academic exercise
without providing proper documentation. 22 Prof Jean-Pierre Mulumba
Ph. D.
23. Principles of Macroeconomics ACADEMIC HONESTY AND INTEGRITY
STATEMENT (Examples) Unauthorized collaboration sharing analysis,
interpretations, or reports for individual academic work on
take-home exams, case write-ups, lab reports, and peer-related
tasks. Participation in academically dishonest activities Examples
include stealing an exam or using a pre-written paper; selling,
loaning or otherwise distributing materials for the purpose of
cheating, plagiarism, or other academically dishonest acts;
destroying, altering, stealing, or forging another students work,
academic materials, or course grades. Facilitating academic
dishonesty intentional violation of any of these provisions, which
also includes making your work available for another to resubmit
for credit. For a more detailed explanation of what constitutes a
violation of academic integrity, go to
http://www.northeastern.edu/osccr/academichonesty.html 23 Prof
Jean-Pierre Mulumba Ph. D.
24. Principles of Macroeconomics COURSE OUTLINE 24 Prof
Jean-Pierre Mulumba Ph. D. Week Monday G01 Tuesday G03 Wednesday
G01 Thursday G03 Friday 1 May 11 - 14 First class: syllabus and
introduction First class: syllabus and introduction Chap 1: Limits,
Alternatives, and Choices Chap 1: Limits, Alternatives, and Choices
2 18 - 22 Chap 3: The Market Chap 3: The Market Chap 4: Government
Failure and Review Chap 4: Government Failure 3 25 - 28 Holiday
Review Q 1: Ch. 1 to 4 Q 1: Ch. 1 to 4 4 Jun 1 - 4 Chap 6: An
Introduction to Macroeconomics Chap 6: An Introduction to
Macroeconomics Chap 7: Measuring Domestic Output Chap 7: Measuring
Domestic Output
25. Principles of Macroeconomics COURSE OUTLINE 25 Prof
Jean-Pierre Mulumba Ph. D. Week Monday G01 Tuesday G03 Wednesday
G01 Thursday G03 Friday 5 8 - 11 Chap 8: Economic Growth Chap 8:
Economic Growth Q2: Ch.4, 7, & 8 Q2: Ch.4, 7, & 8 6 15 - 18
Chap 9: B. C., Inflation and Unemployment Chap 9: B.C., Inflation
and Unemployment Chap 10: Basic Macro Relationships Chap 10: Basic
Macro Relationships 7 22 - 25 Chap 11: Aggregate Expenditures Model
Chap 11: Aggregate Expenditures Model Midterm: Ch.: 1, 3, 4, 6, 7,
8, 9, & 10. Midterm: Ch.: 1, 3, 4, 6, 7, 8, 9, & 10. 8 29
7/2 Chap 12: AS/AD Model Chap 12: AS/AD Model Chap 13: Fiscal
Policy Chap 13: Fiscal Policy University closed 9 6 - 9 Chap 14:
Money and Banking Chap 14: Money and Banking Chap: 15 Money
Creation Chap: 15 Money Creation
26. Principles of Macroeconomics COURSE OUTLINE 26 Prof
Jean-Pierre Mulumba Ph. D. Week Monday G01 Tuesday G03 Wednesday
G01 Thursday G03 Friday 10 13- 16 Chap 16: Interest Rates and
Monetary Policy Chap 16: Interest Rates and Monetary Policy Q3: Ch.
10, 11, 12, 13, 14, 15,16 & 20 Q3: Ch. 10, 11, 12, 13, 14,
15,16 & 20 11 20 - 23 Chap 20: International Trade Chap 20:
International Trade Chap 21: The Balance of Payments Chap 21: The
Balance of Payments 12 27 -30 Overview Overview Overview Overview
13 Aug 3 - 6 Group Presentation Group Presentation Group
Presentation Group Presentation 14 10 - 13 Final Exam Final
Exam
27. Principles of Macroeconomics COURSE OUTLINE 27 Important
Dates: May 11: First day of class May 27: Quiz # 1 (G01) May 28:
Quiz # 1 (G03) June 10: Quiz # 2 (G01) June 11: Quiz # 2 (G03) June
24: Midterm Exam (G01) June 25: Midterm Exam (G03) Prof Jean-Pierre
Mulumba Ph. D.
28. Principles of Macroeconomics COURSE OUTLINE 28 Important
Dates: July 15: Quiz # 3 (G01) July 16: Quiz # 3 (G03) Aug 03:
Group Presentations (G01) Aug 04: Group Presentations (G03) Aug 05:
Group Presentations (G01) Aug 06: Group Presentations (G03) Aug 12:
Final Exam (G01) Aug 13: Final Exam (G03) Prof Jean-Pierre Mulumba
Ph. D.
29. Self-Introduction 29 Prof Jean-Pierre Mulumba Ph. D.
30. Principles of Macroeconomics Tell us -- 30 Your name Where
you are from Where you have studied What you hope to study in the
future What you have done in Boston, What you hope to do while you
are here What you do for fun. Prof Jean-Pierre Mulumba Ph. D.