Fall 2022 - ECON 105 D100
Principles of Macroeconomics (4)
Class Number: 3651
Delivery Method: In Person
Overview
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Course Times + Location:
Sep 7 – Dec 6, 2022: Tue, 10:30 a.m.–12:20 p.m.
BurnabySep 7 – Dec 6, 2022: Fri, 10:30–11:20 a.m.
Burnaby -
Exam Times + Location:
Dec 8, 2022
Thu, 12:00–3:00 p.m.
Burnaby
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Instructor:
William Shen
wws2@sfu.ca
Description
CALENDAR DESCRIPTION:
The principal elements of theory concerning money and income, distribution, social accounts, public finance, international trade, comparative systems, and development and growth. Students with credit for ECON 205 cannot take ECON 105 for further credit. Quantitative/Breadth-Soc.
COURSE DETAILS:
This course is designed to introduce the basic concepts of
macroeconomics. These include, among others: growth, inflation, unemployment, interest rates and aggregate supply and demand. These issues will be analyzed in this course both through basic macroeconomic models and through illustrative examples from the experience of the Canadian economy.
Topics:
- Measuring a Nation’s Income
- Cost of Living
- Production and Growth
- Savings and Investment
- Unemployment
- Monetary System
- Money Growth and Inflation
- AD/AS Curves
- Monetary and Fiscal Policy
- Debate over Macroeconomic Policy
COURSE-LEVEL EDUCATIONAL GOALS:
Learning Outcomes:
- Describe Canada's recent macroeconomic history.
- Understand the relationships amongst economic variables such as Gross Domestic Product, Unemployment, Inflation, Savings, Investments and determine how changes in economic variables impact Canadian production and growth.
- Recognize the role of the Central Bank and the banking industry in the Canadian economy.
- Explain how fiscal and monetary policies affect economic activity, and determine which policy would be most effective in achieving our economic targets.
Grading
- Lab Engagement 10%
- Midterm one 15%
- Midterm two 30%
- Final Exam 45%
Materials
REQUIRED READING:
Principles of Macroeconomics, 8th Canadian Edition, Nelson, 2019. (Mankiw, Kneebone and McKenzie). ISBN: 9780176888220 (etext) with no subscription to MindTap.
REQUIRED READING NOTES:
Your personalized Course Material list, including digital and physical textbooks, are available through the SFU Bookstore website by simply entering your Computing ID at: shop.sfu.ca/course-materials/my-personalized-course-materials.
Department Undergraduate Notes:
Please note that, as per Policy T20.01, the course requirements (and grading scheme) outlined here are subject to change up until the end of the first week of classes.
Final exam schedules will be released during the second month of classes. If your course has a final exam, please ensure that you are available during the entire final exam period until you receive confirmation of your exam dates.
Students requiring accommodations as a result of a disability must contact the Centre for Accessible Learning (CAL) at 778-782-3112 or caladmin@sfu.ca.***NO TUTORIALS DURING THE FIRST WEEK OF CLASSES***
Registrar Notes:
ACADEMIC INTEGRITY: YOUR WORK, YOUR SUCCESS
SFU’s Academic Integrity website http://www.sfu.ca/students/academicintegrity.html is filled with information on what is meant by academic dishonesty, where you can find resources to help with your studies and the consequences of cheating. Check out the site for more information and videos that help explain the issues in plain English.
Each student is responsible for his or her conduct as it affects the university community. Academic dishonesty, in whatever form, is ultimately destructive of the values of the university. Furthermore, it is unfair and discouraging to the majority of students who pursue their studies honestly. Scholarly integrity is required of all members of the university. http://www.sfu.ca/policies/gazette/student/s10-01.html