Length of Course: One Semester (14 weeks)

 

Classroom Hours Per Week: 4 hours lecture

 

Number of Credits: 3 credits

 

Prerequisites: Minimum C in Economics 103, 105; Mathematics 111 or 113, and English 099

 

This is a second course in macroeconomics. The basic macro model and add more micro-foundations and international content will be reviewed. The Keynesian and New Classical views of the economy will be contrasted and compared. Fiscal and monetary policy will be analyzed in detail.

 

Week 1 Introduction & Review (IS/LM Model)

 

Week 2 AD/AS Models (Simple Fiscal & Monetary Policy)
AB&S 9
(Assignment #1)

 

Week 3 New Classical Views
AB&S 11

 

Week 4 Keynesian Views
(Assignment #2)

 

Week 5 Midterm #1

 

Week 6 Micro-foundations
AB&S 4 (Appendix)
(Assignment #3)

 

Week 7, 8 International
AB&S 10
(Assignment #4)

 

Week 9 Midterm #2

 

Week 10 Unemployment/Inflation Tradeoff
AB&S 13
(Assignment #5)

 

Week 11 Monetary Policy
AB&S 14

 

Week 12 Fiscal Policy
AB&S 15
(Assignment #6)

 

Week 13 Class Presentations

 

Assignments (6) 30%
Midterms (2) 20%
Class Presentation and Paper 30%
Final 20%

 

Abel, Bernanke, Smith and Kneebone Macroeconomics, 4th Canadian ed., Pearson Addison-Wesley, 2005. Also recommended is the study guide which accompanies this text.

 

SFU: ECON 291 (3) Q
UBC: ECON 2 nd (3)
UVic: ECON 200 level (1.5 units)

 

Stéphane Deseau, M.Econ. ( Maine, France), M.Sc. ( Quebec)
Cheryl Fu, B.A. ( Beijing), M.A. (Simon Fraser), Ph.D. candidate
Paul Geddes, B.A. ( Claremont), M.A. (Carleton)
Fatin Jallad, B.A., B.Sc. ( Portland), M.Sc. ( New Mexico), M.Sc. ( Arizona)
Susana Leung, B.B.A., M.A. (Simon Fraser)