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It is best if you can go whenever one of the TFH assigned to our class s “on duty”; they are terrific and are obviously the most knowledgeable about exactly what our class is covering. The office hours for our TFH will be posted on the class Blackboard site. However, if you cannot make it when one of our T FSP is available, you can go to the Principles Center any time it is open to get some help. Sections are designed to review material presented in lecture, to go over example problems, and to prepare you for exams. They meet at specific times with your assigned T F.

Sections in this course are optional. However, you will find it greatly to your advantage to attend. We are very fortunate to have fantastic TFH, and I’m sure their sections will be very helpful to you. SYLLABUS This course provides an introduction to current economic issues and to basic macroeconomic principles and methods. The economist John Maynard Keynes wrote that “the ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. ” Economics is not primarily a set of answers, but rather a method of reasoning.

By the end of the semester, you will be able to use the analysis practiced in the course to form your own judgments about any of the major economic problems faced by the United States and other countries. Macroeconomics is the study of the economy as a whole. We start with the three key macro variables: GAP, inflation and unemployment. We go on to study economic growth, financial markets, business cycles, and the impact government can have on the economy through monetary and fiscal policy. Along the way, we will cover such topics as interest rates, investment, the exchange rate, and international trade.

Course Requirements Exams There will be three multiple choice exams given in the course-?two midterms and a final. The dates of the exams are: Fri.. , Cot. ID (covering the material from Fri.. , Seep. 5 through Wed. , Cot 1) Fri.. , Novo. 7 (covering the material from Wed Cot. 1 through Fri.. , Cot. 31) After both of the midterms and the final, your score will be available on the course Blackboard site as soon as possible. You will be able to log in and see only your score. The final exam for our course is on Monday, Deck. 15, from 3:00 to 5:00.

The final will be cumulative, but slightly weighted toward material covered after the second midterm. Please Note: It is your responsibility to plan your travel ahead around exam dates. In reticular, the date of the final exam is determined by the Registrar and cannot be changed for any reason. The lower of each student’s two midterm scores will be dropped from the calculation of their semester grade. If you miss one of the midterms for any reason, you will receive a zero, and the score will be dropped from the calculation of your semester grade. No makeup exams will be given.

If you miss both midterms for any reason, you will receive a grade of zero for your midterm score. Problem Sets There will be ten problem sets assigned during the term. These will be multiple choice sets completed on Mycenaean. Further instructions about Mycenaean will be given well before the first problem set The due date on problem sets cannot be extended for any reason. However, the lowest two of the ten scores for the semester will be dropped from the calculation of each student’s semester grade. So, if you cannot do one of the sets some week, that will just be one of the scores that gets dropped.

Grading Grades will be determined by the final (40%), the higher your two midterm scores (30%), and the average of the highest eight of your ten problem sets (30%). Your grade will be calculated TV ways, and if there’s any difference in the exult, I’ll give you the higher of the two letter grades which result. Curve In the first calculation, semester grades will determined by a curve. The nature of a curve is author grade is based on your performance relative to all other students in the class. It does not involve an “absolute standard,” e. G. , 90 – 1 00 = A, 80 – 90 = B, etc. Which you may be used to from high school or in some other courses. I believe that a curve is ultimately the fairest way to determine grades, since it does not set some arbitrary absolute standard, but judges students on their performance relative to their peers. With a curve, your grade is based on your percentile rank in the class, I. E. , the percentage of students in the class who scored below you. If you are in the 60th percentile, for example, that means that 60% of students had scores equal to or below yours, while 40% of students had scores above yours.

The curve is applied to your total semester points. Your problem set average (dropping the two lowest) will be out of 1 00 opts. Possible; your higher midterm score will be out of 100 opts. Possible; and your final will be out of 133. 33 points possible. (This gives the weighting mentioned in the first arcograph of this section. ) Bus’s grading guidelines stipulate that the median grade for all 100- and 200- level courses be B-. Therefore, the curve used in this class assigns a B- to all semester point totals from the 45th to the 55th percentile.

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