Compiler Press'

Elemental Economics

Not Accounting, Not Business, Not Commerce, Not Mathematics  - Economics  

                                                       

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Microeconomics

Introductory

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Macroeconomics

Introductory

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SISTER SITES

Compiler Press

Compleat World Copyright Website

Competitiveness of Nations

Cultural Econometrics

Cultural Economics

Elemental Economics

World Cultural Intelligence Network

 

Dr. Harry Hillman Chartrand, PhD

Cultural Economist & Publisher

Compiler Press

©

h.h.chartrand@compilerpress.ca

215 Lake Crescent

Saskatoon, Saskatchewan

Canada, S7H 3A1
 

Curriculum Vitae

 

Launched  1998

 

 

COURSE OUTLINE

INTRODUCTION TO MACROECONOMICS

ECONOMICS 114.02 & 114.04

USASK Winter 2020-21

Instructor: Dr. Harry Hillman Chartrand, PhD

Class Time & Location: Jan. 11 - April 14, 2021

Econ 114.02: Recorded On Line Lectures

Econ 114.04: Recorded On Line Lectures

Phone: n.a.

Email: hac308@usask.ca

Website: http://www.compilerpress.ca/ElementalEconomics/

Office Hours: na

Online Discussion Groups: 6 topics

Course Description: Understanding the National Economy including broad aggregates such as employment, fiscal policy (tax & spend), foreign trade, growth, monetary policy and technological change.

Required Text: principles of macro economics, Mankiw, Kneebone & McKenzie (MKM), 6th, 7th or 8th Canadian Edition, Nelson Education

E-edition, hardcopy & 2nd hand copies available at the USASK Bookstore.  Mindtap and other add ons are not required nor subject to grading.

Lecture Notes are cross-referenced to chapter, page and graphic in MKM (6th/7th/8th)

Notice

All Emails MUST include: Student Name & #, Course & Section #. 

Course News 

THEME

The Standard Model of National Economics

1.0 Introduction

Ch. 1: Ten Principles of Economics

Ch. 2: Thinking like an Economist

2.0 National Accounts

Ch. 4: The Market Forces of Supply and Demand

Ch. 5: Measuring a Nation’s Income

Ch. 6: Measuring the Cost of Living

1st Midterm Test

Learning Outcome

What is National Income Accounting?

Econ 114.02, Feb. 4, 2021

Econ 114.04, Feb. 5, 2021

 

3.0 Aggregate Demand/4.0 Aggregate Supply & Equilibrium

Lecture Notes: 3.2: Aggregate Expenditure

Ch. 14: Aggregate Demand & Supply

5.0 Fiscal & Monetary Policy

Ch. 10: The Monetary System

Lecture Notes:  5.2 Monetary Policy

Ch. 15: The Influence of Monetary and Fiscal Policy on Aggregate Demand

2nd Midterm Test

Learning Outcome

How is fiscal and monetary policy used to manage the National Economy?

 Econ 114.02 March 18, 2021

Econ 114.04, March 19, 2021

 

6.0 The Global Economy

Ch. 3: Interdependence and the Gains from Trade

Lecture Notes: 6.1.3: Trade Restrictions

Ch. 12: Open Economy Macroeconomics: Basic Concepts

3rd Midterm

Learning Outcome

How can Government manage the National Economy within an evolving Global Economy?

Eco 114.02, April 8, 2021

Econ 114.04, April 9, 2021

 

Final Examination

Learning Outcome

What is the Standard Model of National Economics?

 TBA

 

EVALUATION

6 Online Assignments: 15%

3 Midterms: 45%

1 Final Exam: 40%

Practice Tests (PTs)

Six Practice Tests (PTs) are provided: Introduction, National Accounts; Aggregate Expenditure & Demand; Aggregate Supply & Equilibrium; Fiscal & Monetary Policy; and, Global Economy.  PTs provide answers but without credit towards your Final Grade.  PTs are 45 minutes with 30 multiple choice questions.   Additional practice tests are available at: http://homes.chass.utoronto.ca/~reak/eco100/contents.htm

Online Tests (OTs)

Six Online Tests (OTs) are posted on Blackboard:

(1) Introduction & (2) National Accounts must be completed by Midterm 1;

(3) Aggregate Expenditure & Demand, (4) Aggregate Supply & Equilibrium and (5) Monetary & Fiscal Policy must be completed by Midterm 2; and,

(6) Global Economy must be completed by Midterm 3. 

They are 45 minutes with 30 multiple choice questions.  Ensure you set aside sufficient time.  There is no pause.  Once started they must be completed.  You will have five attempts with only the highest mark counting towards the Final Grade.  The five attempts are intended to negate any technical disruptions.  Please, do not wait until the last minute!  After each midterm OTs turn into review mode providing answers to prepare for the Final Examination.  You will be penalized for exceeding the time limit - 1 mark for each overtime minute.  Make sure to save and submit when finished.  Failure to do so may leave the system 'in process' and I may be unable to grade your exam.

Midterms (MTs)

Three MTs will be accessible on Blackboard Course Materials at 9:00 am each appropriate day.  Each will be available for 24 hours, i.e., until 9 am the next morning.  You can choose when to begin but they run 45 minutes with 30 multiple choice questions without pause.   MTs are 'stand alone' meaning previously tested material will not be tested again.  Students will be penalized for exceeding the time limit - 1 mark for each overtime minute.  Make sure to save and submit when finished.  Failure to do so may leave the system 'in process' and I may be unable to grade your exam.  There are no deferred midterms.  The weight of the midterm will shift to the Final Examination.. 

Final Examination (FE)

The FE is comprehensive of all course material.   It will be accessible on Blackboard Course Materials at 9:00 am on the appropriate day.  It  will be available for 24 hours, i.e., until 9 am the next morning.  You can choose when to begin but runs 180 minutes with 100 questions and no pause.  Students will be penalized for exceeding the time limit - 1 mark for each overtime minute.  Make sure to save and submit when finished.  Failure to do so may leave the system 'in process' and I may be unable to grade your exam.

 

Technical Difficulties

Given the virtual nature of the course one must account for possible technical difficulties.  In general, you are responsible for your tech.  I am not a technician.  Accordingly, in the case of not for credit activities like accessing PAWS, viewing podcasts or reading Lecture Notes, it is on you and ICT at USASK - itsupport@usask.ca.  They are there to help you.

 

Grade Scheme

Please see: http://students.usask.ca/academics/grading/grading-system.php#GradingSystem

USASK Policy on Academic Dishonesty

Please take note that plagiarism and other forms of academic dishonesty is subject to severe penalty at the University of Saskatchewan.  “Student Academic Dishonesty Rules of the University of Saskatchewan Council" (September 2000) are posted at http://www.usask.ca/university_council/reports/09-27-99.shtml