General Business 765

Spring 2003

READING LIST:


The following dates and assignments are advisory:  Professor Kelly reserves the right to adjust the dates and the assignments as needed.  Please pay attention to announcements in class about any reading assignment changes.

1/22/03         Introduction:  PPFs, Absolute and Comparative Advantage

Read Chapter 1 and the Appendix to Chapter 1 and Chapter 2
Review of Supply and Demand
Read Chapter 3

Practice Quiz #1

1/29/03         Continuation of The Review of Supply and Demand
Introduction to Macroeconomics:  GDP Accounting and Employment
Read Chapters 4 and 5

Quiz #1

2/5/03          Continuation of Introduction to Macroeconomics

2/12/03         Inflation and Employment

Read Chapter 6 and the Appendix to Chapter 6

Quiz #2

2/19/03         Classical Long Run Model and Economic Growth
Read Chapters 7 and 8

2/26/03         FIRST MIDTERM

3/5/03          Booms and Recessions:  Economic Fluctuations
Read Chapter 9
3/12/03         Short-run Keynesian Model
Read Chapter 10 and Appendix 1 and Appendix 2 to Chapter 10

Quiz #3

3/19/03         SPRING BREAK

3/26/03         Continuation of Keynesian Model

4/2/03          Banking System and the Money Supply

Read Chapter 11

Quiz #4

4/9/03          SECOND MIDTERM

4/16/03         The Money Market and the Interest Rate
Read Chapter 12
4/23/03         Aggregate Demand and Aggregate Supply
Read Chapter 13

Quiz #5

4/30/03         Inflation and Monetary Policy
Read Chapter 14
Fiscal Policy

Read Chapter 15

5/7/03  FINAL EXAM