EC101 Weekly Schedule

NOTES:

The schedule is subject to change. Chapters below are from Krugman and Wells. Also, you should keep up with the Exercise Sets on the course website.

 

Week of June 6 (week 1):
Theme: General introduction to the class and the discipline of economics
Introduction: The Ordinary Business of Life

  • Chapter 1: First Principles
  • Chapter 2. Economic Models: Trade-offs and Trade
  • Chapter 2 Appendix. Graphs in Economics

Assignment 1 due by Wed, June 8
Assignment 2 due by Sat, June 11

 

Week of June 13 (week 2):
Theme: The model of supply and demand; government intervention in a market economy

  • Chapter 3. Supply and Demand
  • Chapter 4. Price Controls and Quotas

Theme: Aspects of international trade; introduction to macroeconomics

  • Chapter 5. International Trade
  • Chapter 6. Macroeconomics: The Big Picture

Assignment 3 due by Wed, June 15
Assignment 4 due by Sat, June 18

 

Week of June 20 (week 3):
Theme: How economists measure macroeconomic variables

  • Chapter 7. GDP and CPI: Tracking the Macroeconomy
  • Chapter 8. Unemployment and Inflation

Assignment 5 due by Wed, June 22
Assignment 6 due by Sat, June 25

 

Midterm Exam on Mon, June 27 from 7:00–10:00 pm.

 

Week of June 27 (week 4):
Theme: Macroeconomic Models

  • Chapter 9. Long-Run Economic Growth
  • Chapter 10. Savings, Investment Spending, and the Financial System
  • Chapter 11. Income and Expenditure

 

Assignment 7 due by Wed, June 29
Assignment 8 due by Sat, July 2

 

Week of July 4 (week 5):
Theme: Equilibrium GDP and inflation; fiscal policy

  • Chapter 12. Aggregate Demand and Aggregate Supply
  • Chapter 13. Fiscal Policy
  • Chapter 13 Appendix: Taxes and the Multiplier

 

Assignment 9 due by Tue, July 5
Assignment 10 due by Wed, July 6
Assignment 11 due by Sun, July 9

 

Week of July 11 (week 6):
Theme: How the central bank influences the economy; monetary policy

  • Chapter 14. Money, Banking, and the Federal Reserve System
  • Chapter 15. Monetary Policy
  • Chapter 16. Inflation, Disinflation, and Deflation
  • Chapter 17. Crises and Consequences

 

Assignment 12 due by Mon, July 11
Assignment 13 due by Tue, July 12
Assignment 14 due by Wed, July 13

 

Final Exam on Fri, July 15 from 7:00-10:00 pm.