University of Minnesota

Fall 2007 Economics 1102

Principles of Macroeconomics

Lecture 30:       Blegen Hall 205, 5:00-7:30 PM Wednesday

Recitation 31:    Blegen Hall 255, 7:30-8:20 PM Wednesday

Instructor: Justin Barnette

Office: 1175 Heller Hall

Phone: (612) 624-6084

Office hours: Monday 5:00 – 6:00PM, Wednesday 1:00 – 2:00PM & by appointment

E-mail: barnette@econ.umn.edu

Homepage: www.econ.umn.edu/~barnette/1102Fall2007/index.htm

Note on Communication:  The best way to contact me is through email.  I will try to respond to emails within 24 hours.  Additionally, I will contact the class occasionally by email.

Teaching Assistant: Chun Xia

Office: 975 Heller Hall

Phone: 612.625.1023

Office hours: Tuesday 2:00 – 4:00PM & by appointment

Email: summers@econ.umn.edu

Final Exam: Wednesday December 19 in CSOM 2-215 at 5PM.

• (CSOM = Carlson School of Management)
• Our past exams have been designed for 75 minutes. The final exam will be designed for 90 minutes.
• Practice Final: Final_Exam_Ceyhun.pdf
• Practice Trade Question: Trade Exam Question.pdf
• Practice Trade Solution: Trade Exam Question Solution.pdf

Announcements:  (newest on top)

• Guest Lecture for Dec. 12: Trade Liberalization and Labor Mobility in Europe.ppt
• Midterm 2 is posted here: Midterm_2.pdf
• A handout on the change in money supply is available here: Change_In_Money_Supply.pdf
• Guest Lecture Slides for Wednesday November 7 are available here: Dollarization in Ecuador.pdf
• Midterm 2 Practice Exams:
• Econ_1102_Practice_Midterm_2a.pdf
• Econ_1102_Practice_Midterm_2b.pdf
• Guest Lecture Slides for Wednesday October 10 are available here: "Opening of China - Privatization & Development"
• Midterm 1 Practice Exams:
• Econ_1102_Practice_Midterm_1a.pdf
• Econ_1102_Practice_Midterm_1b.pdf
• Syllabus available for download here: Econ_1102_Syllabus.pdf

Homework:

• NOTE ON SUBMITTING HW:
• Please pay special attention to the instructions for submitting the HW.  The HW must be submitted in 1035 Heller Hall unless you submit the HW Wednesday in class.  I will not accept any HW electronically.  All HW must state Attention: Pouokam, Natalie in the top right corner and do not put Summers’s name on the HW. 
  
  
• HW6 is posted here: Econ_1102_HW_06.pdf
• HW5 is posted here: Econ_1102_HW_05.pdf
• HW4 is posted here: Econ_1102_HW_04.pdf
• HW3 is posted here: Econ_1102_HW_03.pdf
• HW2 is posted here: Econ_1102_HW_02.pdf
• HW1 is posted here: Econ_1102_HW_01.pdf

SLIDES: 

• ch19MAC.ppt
• ch18MAC.ppt
• ch17MAC.ppt
• ch16MAC.ppt
• ch15MAC.ppt
• ch14MAC.ppt
• ch13MAC.ppt
• ch12MAC.ppt
• ch11MAC.ppt
• ch10MAC.ppt
• ch09MAC.ppt
• ch08MAC.ppt
• ch07MAC.ppt
• ch06MAC.ppt - Updated 09/12/07
• ch05MAC.ppt - Updated 09/12/07
• ch04.ppt
• ch03.ppt
• ch02.ppt
• ch01.ppt

Timeline:

Week	Date	Topic	Text Chapter	Assignment
01	09/05	Introduction to Economics	01 thru 04
02	09/12	Introduction to Macroeconomics Goals of Macroeconomic Policy	05 06
03	09/19	Economic Growth: Theory and Policy Aggregate Demand and the Consumer	07 08	HW1 Due
04	09/26	Demand Side Equilibrium Supply Side Equilibrium	09 10	HW2 Due
05	10/03	Guest Lecture and Review	Catch-Up
06	10/10	Midterm and Guest Lecture		Exam
07	10/17	Fiscal Policy and Aggregate Demand Money and The Banking System	11 12
08	10/24	Monetary Policy and Aggregate Demand Monetary vs. Fiscal Policy Debate	13 14	HW3 Due
09	10/31	Budget Deficits Inflation versus Unemployment	15 16	HW4 Due
10	11/07	Guest Lecture and Review	Catch-Up
11	11/14	Midterm 2		Exam
12	11/28	International Trade International Monetary System	17 18	HW5 Due
13	12/05	Exchange Rates and the Macroeconomy Poverty and Inequality Guest Lecture	19	HW6 Due
14	12/12	Guest Lecture and Review
Final Exam in Blegen Hall 205 on December 19 from 5:00 – 7:00PM