Spring 2024 - ECON 105 D200
Principles of Macroeconomics (4)
Class Number: 2425
Delivery Method: In Person
Overview
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Course Times + Location:
Jan 8 – Apr 12, 2024: Wed, 2:30–5:20 p.m.
Burnaby
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Instructor:
Martin Santamaria
msantama@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 is the standard introductory course in macroeconomics. Topics covered include long-run economic growth, inflation, unemployment, interest rates, exchange rates, financial markets, business cycles, fiscal policy, and monetary policy.
COURSE-LEVEL EDUCATIONAL GOALS:
Topics:
1. Principles of economics: opportunity cost, markets, supply and demand.
2. Measuring the economy: GDP, inflation, and unemployment
3. Long run growth
4. The financial system
5. Modeling the economy: Aggregate demand and aggregate supply
6. Money and banking
7. Open economy macroeconomics
8. Financial crises
Prerequisites: Students with credit for ECON 205 cannot take ECON 105 for further credit. Quantitative/Breadth-Social Sciences.
Grading
- Exam 1 40%
- Exam 2 40%
- Exam 3 20%
Materials
REQUIRED READING:
Krugman, Wells, Au and Parkinson. Macroeconomics 4th Canadian Edition 2021 (Paper Textbook + Achieve) ISBN:9781319448882
OR:
Krugman, Wells, Au and Parkinson, Macroeconomics 4th Canadian Edition 2021 (Loose-leaf Textbook+ Achieve) (ISBN:9781319448868)
OR:
Krugman, Wells, Au and Parkinson, Macroeconomics 4th Canadian Edition 2021 (E-Book only) ISBN:9781319331559
Access to packages (bundled with new textbooks) is required to complete the assignments in this course
RECOMMENDED READING:
None
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
RELIGIOUS ACCOMMODATION
Students with a faith background who may need accommodations during the term are encouraged to assess their needs as soon as possible and review the Multifaith religious accommodations website. The page outlines ways they begin working toward an accommodation and ensure solutions can be reached in a timely fashion.