ECON112 Introduction to Macroeconomics

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Course Code Course Title Weekly Hours* ECTS Weekly Class Schedule
T P
ECON112 Introduction to Macroeconomics 3 0 6
Prerequisite It is a prerequisite to
Lecturer Dženita Šiljak Office Hours / Room / Phone
Monday:
11:00-13:00
Wednesday:
10:00-12:00
Thursday:
16:00-17:00
B F1.7
E-mail dzsiljak@ius.edu.ba
Assistant Assistant E-mail
Course Objectives This course is designed to provide an overview of the economy by examining the flows of resources and outputs, and the factors that determine the levels of income and prices.
Textbook Mankiw, G. N. (2011). Principles of Macroeconomics. South-Western College Pub. Boyes, W.J. (1984). Macroeconomics: the Dynamics of Theory and Policy. South-Western Publishing Co. Brue, S.L. and Grant R.R. (2007). The Evolution of Economic Thought. Thomson South-Western.
Learning Outcomes After successful  completion of the course, the student will be able to:
  1. Identify key macroeconomic variables.
  2. Explain the sources of economic growth and differences in standards of living across countries.
  3. Examine potential causes of short-run economic fluctuations.
  4. Analyze how policy affects the economy in a global setting.
Teaching Methods The methods include lectures (which may involve power point presentation, video and audio aids), student presentations, projects and class discussions.
WEEK TOPIC REFERENCE
Week 1 Introductory Lecture
Week 2 The Science of Macroeconomics Chapter 1 (Mankiw)
Week 3 The Data of Macroeconomics Chapter 2 (Mankiw)
Week 4 Money and Inflation Chapter 4 (Mankiw)
Week 5 Open Economy Chapter 5 (Mankiw)
Week 6 Unemployment Chapter 6 (Mankiw)
Week 7 Midterm Exam
Week 8 Latin American economy and politics - guest lecturers
Week 9 Economic Growth Chapters 7 and 8
Week 10 Introduction to Economic Fluctuataions Chapter 9
Week 11 Introduction to the History of Economic Thought Chapter 21 and 22 (Brue and Grant)
Week 12 Introduction to Monetary Policy Chapter 11 (Boyes)
Week 13 Introduction to Fiscal Policy Chapter 12 (Boyes)
Week 14 Transition Economies Additional readings
Week 15 Review
Assessment Methods and Criteria Evaluation Tool Quantity Weight Alignment with LOs
Final Exam 1 40 1,2,3,4
Semester Evaluation Compenents
Midterm Exam 1 30 1,2,3,4
Project 1 15 1,2,3,4
Quiz 3 15 1,2,3,4
***     ECTS Credit Calculation     ***
 Activity Hours Weeks Student Workload Hours Activity Hours Weeks Student Workload Hours
Lecture Hours 3 15 45 Midterm Exam Study 20 1 20
Home Study 2 14 28 Home Study 2 14 28
Quiz 6 3 18 Project 1 13 13
Midterm Exam Study 20 1 20 Midterm Exam Study 20 1 20
        Total Workload Hours = 150
*T= Teaching, P= Practice ECTS Credit = 6
Course Academic Quality Assurance: Semester Student Survey Last Update Date: 19/03/2020
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