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3 | Course Outline | |||||||||||
4 | Schedule: | Topic: | Tasks: | |||||||||
5 | Week 1 | 1. Introduction: What is economics? | Study the course website | Assignments 1 - 3 | 28 | |||||||
6 | Aug 24 - Aug 28 | What is the economic way of thinking? | Read Module 0-2: Succeeding w/Waymaker; Economic Thinking; & Choice in a World of Scarcity | |||||||||
7 | ||||||||||||
8 | Week 2 | 2. Demand & Supply | Read Module: Supply & Demand Read Module: Applications of Supply & Demand | |||||||||
9 | Aug 31 - Sept 4 | Read Module: Applications of Supply & Demand | ||||||||||
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11 | Week 3 | First Online Discussion | ||||||||||
12 | Sep 7 - Sep 11 | Assignment 4 | ||||||||||
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14 | Week 4 | 3. Alternative Ways of Solving | Read Heilbroner, Chapter 1 | |||||||||
15 | Sep 14 - Sep 18 | the Economic Problem | Read Radford, "The Economics of a POW Camp" | |||||||||
16 | ||||||||||||
17 | First Midterm Exam | |||||||||||
18 | Monday, September 21 | |||||||||||
19 | ||||||||||||
20 | Week 5 | 4. The Role of Money | Read Module: Money & Banking | Assignments 5 & 6 | ||||||||
21 | Sep 21 - Sep 25 | & the Financial System | Read Specter, "Capitalizing on Yankee Ingenuity" | Second Online Discussion | ||||||||
22 | ||||||||||||
23 | Week 6 | 5. A First Look at Macroeconomics | Study Plan for Topic 5 (in Canvas) | |||||||||
24 | Sep 28 - Oct 2 | The Nobel Committee Honors the Economics of Market Failure | ||||||||||
25 | ||||||||||||
26 | Week 7 | 6. How Does One Tell the | Read the two modules on Macroeconomic Measures of Performance | |||||||||
27 | Oct 5 - Oct 9 | State of the Economy? | ||||||||||
28 | Read Module on Fiscal Policy, Section 1 (Budget and Taxes) | |||||||||||
29 | Week 8 | 7. The Role of Government | The Federal Budget | State & Local Budgets | ||||||||
30 | Oct 12 -16 | in the Market Economy | Dionne, Government is the Solution | Will, America is Borrowing from the Future | ||||||||
31 | Online Discussion: What is government? | |||||||||||
32 | Assignment 7 | |||||||||||
33 | Week 9 | 8. What Determines the Level of Economic | Read Module: The Income-Expenditure Model | |||||||||
34 | Oct 19- Oct 23 | Activity? What causes economic activity to | ||||||||||
35 | speed up or slow down? | |||||||||||
36 | Week 10 | Second Midterm Exam | ||||||||||
37 | Oct 26 - Oct 30 | Wednesday, October 28 | ||||||||||
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39 | Week 11 | 9. Fiscal Policy | Read Module: Keynesian & Neoclassical Economics | |||||||||
40 | Nov 2 - Nov 6 | Read Module: Fiscal Policy | ||||||||||
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42 | Week 12 | 10. Monetary Policy | Review Module: Money & Banking | |||||||||
43 | Nov 9 - Nov 13 | Read Module: Monetary Policy | ||||||||||
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45 | Week 13 | 11. Real World Complications | Read Module: Policy Applications | |||||||||
46 | Nov 16 - Nov 20 | |||||||||||
47 | Thanksgiving Break | |||||||||||
48 | Wed, Nov 25- Fri, Nov 27 | |||||||||||
49 | Week 14 | Review | ||||||||||
50 | Nov 30 - Dec 4 | |||||||||||
51 | Final Exam | |||||||||||
52 | Wednesday, December 9 | |||||||||||
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