UNIVERSITY OF MISSOURI - KANSAS CITY

COURSE SYLLABUS

SPRING 2006 SYLLABUS Intermediate Macroeconomics

Dr. Ben Young

Office Hours : To be announced

Office: 203E Manheim Hall

Phone: Office..816-235-5699 

E-mail:youngb@umkc.edu

Please feel comfortable in contacting me at any of these addresses for any problems or questions that may arise.

Course Requirements:

There will be three equally weighted tests. Class

participation is an important component of the course. If

you are not in class you cannot participate! Numerous

assignments will be assigned or done in class for a total of 100 points.

Text:

Macroeconomics, 10th ed. by Robert J. Gordon

Grading:

Three tests @ 100           300

Assignments                   100

Total                               400

OUTLINE

I. Introduction

A. Chap 1    What Is Macroeconomics?

B. Chap 2    The Measurement of Income, Prices, and Unemployment

II. Basic Theory of Income and Employment

A. Chap 3    Income, Interest Rates, Policy, and the Open Economy

B. Chap 4    The IS-LM Model

C. Chap 5    Monetary Policy, Fiscal Policy, and the Government Budget

TEST 1      2-15

III. The International Economy

Chap. 6 International Trade

IV. Aggregate Demand, Aggregate Supply, and Inflation

A. Chap 7    Aggregate Demand, Aggregate Supply, and the Self-Correcting  Economy

B. Chap 8    Inflation: Its Causes and Cures

TEST 2                3-29

V. Economic Issues

A. Chap 10 The Theory of Economic Growth

B. Chap 11 The Big Questions of Economic Growth

C. Chap 12 The Government Budget, the Public Debt, and Social Security

TEST 3       Last day of class or assigned final exam day...student choice

Test may be taken either on the last day of class, 4-26, or during the regularly scheduled final, Wednesday,  May 3 @ 8:00 - 9:00

ALL MAKE-UP EXAMS MUST BE APPROVED IN ADVANCE BY PHONE OR IN PERSON. NO E-MAIL NOTICES EXCEPT AS A BACKUP FOR YOUR VERBAL NOTIFICATION. NO EXCEPTIONS.