Ec390 practice materials for course. PDF

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description of course and outline of work to do....

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CourseSyllabus EC390A&B–IntermediateMacroeconomicsII LazaridisSchoolofBusinessandEconomics,DepartmentofEconomics,Waterloo Fall|2021  CourseInformation Instructor:  StephenSnudden Office:  WorkingRemotely Tutorials:  Thursdays9:30–10:30a.m.,onMLS. OfficeHours(OH): Thursdays10:30–11:30a.m.,onMLS. OfficePhone: 519.884.0710x4470(office,onlyemailplease) Email:  [email protected](includeEC390forsubject,donotuseMLSemail) Lecture:  TwopostedMondaysat8:00a.m.onMLS. TeachingAssistant: AidanWatters,[email protected].OH:Tuesdays9:30–10:30a.m. andOfficeHours: RunzeGuo,[email protected].OH:Fridays10:00‐11:00a.m. MLSURL:  https://mylearningspace.wlu.ca/(useyourNovelllogin)  CourseOverview Macroeconomicsisthestudyofeconomicaggregates.Thiscourseintroducesthe microfoundationsofmacroeconomics.Bothstaticanddynamicgeneralequilibrium macroeconomicmodelsareexaminedindetail.Themethodswillbeuseplanegeometry, advancedalgebra,andcalculus.Prerequisites:EC290  CourseMaterials TherequiredmaterialforthiscourseisMacroeconomicsbyStephenWilliamson,6thCanadian edition(2021,Pearson).Studentsareautomaticallyenrolledinadigitaltextbooksubscription throughthebookstore.Thee‐textandMyLabEconomicswillbeavailablethrough MyLearningSpace.Pleasenotethatyouwillhavefreeaccesstothesematerialforthefirstweek ofclass.Youmustopt‐outofthepurchasebytheendoftheweekotherwiseyouwillbe charged.Foradditionalinformationaboutthedigitaltextbook,pleasevisit MyLearningSpace/Contents/eText.  MyLearningSpace ThiscourseisadministeredthroughMyLearningSpaceonmylearningspace.wlu.ca.Thetitleof thiscourseonMLSisEC‐390‐A‐B‐IntermediateMacroeconII.Thiswebsitecontainsallcourse content:syllabus,lecturenotes,recordedlectures,notifications,surveys,andaccesstothe

1 

digitaltextbook.Theassignments,midtermsandexamswillbeadministeredonthiswebsite. Checkthewebsitefrequentlyforimportantannouncements.  CourseEvaluation Item Weight DueDate Participation 6% Semesterlong Assignment1 10% October3rd,6p.m. OnlineMidtermExam1 15% October8th,4–5:20p.m. Assignment2 10% November21st,6p.m. OnlineMidtermExam2 15% November26th,4–5:20p.m. OnlineFinalExam 44% TBD Total 100%  Note:FalltermreadingweekOct11‐Oct15,nolecturesortutorials.  Assignments TwoassignmentswillbepostedonMyLearningSpaceatleasttwoweeksbeforethedue date.Theassignments’exercisesaredesignedtopreparestudentsforbeingmacroeconomists aswellasforexamquestions.Studentswillworkonassignmentsindividually.Assignmentswill bedueby6p.m.ontheduedateonDropboxinMyLearningSpace.Lateassignmentswillnot beaccepted.Therewillbenoexceptionstothisrule.Eachassignmentwillbeworth10percent ofthefinalgrade.However,ifbothassignmentsaresubmitted,Iwillautomaticallytakethe highestassignmentgradeforthefull20percent.  Exams TherearetwoonlinemidtermexamstobeheldinMyLearningSpaceoutsideofclass time.Eachexamwillbeworth15%ofthefinalgrade.Themidtermexamswillinclude everythingcovereduptothatpointintheassignments.Allstudentsarerequiredtowriteboth midtermexams.Ifyoudomissamidtermexam,therewillnotbeamake‐upmidtermexam. However,ifappropriateandtimelydocumentationisprovidedtheweightwillbetransferredto thefinalexam.  ThefinalonlineexamwillbeheldinMyLearningSpaceatadatetobesetbytheUniversity.The finalexamwillincludeallthematerialcoveredinthecourse.Ifyouwrotebothonlinemidterm examsandendupwithahighergradeonthefinalexamthanoneofmidtermexams,the weightofthemidtermwiththelowestgradewillautomaticallybetransferredtothefinal exam.Studentsarerequiredtobeavailableforexaminationsduringtheexaminationperiod.  Participation Theparticipationcomponentofthegradewillinvolvetwoonlinesurveys(1.5grade pointseach)tobepostedonMyLearningSpaceaswellaspresenceataminimumoftwo synchronousonlinetutorials(1.5gradepointseach).Thesurveysmustbefullysubmittedto countandtherewillbenodeadlineextensions.Theparticipationrequirementfortutorialscan bewavedatthediscretionoftheprofessorifpriornoticeisgiven.Thetutorialsarerequired 2 

contentandwillberecordedandposted.Thetutorialswillconsistofpracticequestionsforthe exams,reviewtheassignmentsandmidterms,generaladvice,andanswerstudentquestions. Tutorialsjointlyserveasofficehoursandquestionsshouldbeaskedatthesesessions. TutorialsandLectures Therewillbenoin‐personlectures.Pre‐recordedlecturesarepublishedonMondaysat 8:00a.m.onMLS.ThetutorialswillliveonThursdayfrom9:30‐10:30amonMLS.Thetutorials willapplythecontentinthelectures,reviewpracticequestionsfortheexams,discusssolutions toassignmentsandmidterms,giveadvicefortheassessments,andanswerstudentquestions. Boththelecturesandtutorialsarerequiredcontentforthecourse.  TentativeCourseOutline Lectures

Topics

Readings

1

IntroductiontoIntermediateMacroeconomics

WilliamsonCh.1

2

MeasurementofAggregates

WilliamsonCh.2

3

BusinessCycleMeasurement

WilliamsonCh.3

4

ConsumerandFirmMicro‐Foundations

WilliamsonCh.4

5

IntrotoOne‐PeriodModels

WilliamsonCh.5toFigure5.5

6

One‐PeriodModels

WilliamsonCh.5toFigure5.5

7

PolicyinOne‐PeriodModels

WilliamsonCh.5afterFigure5.5

8

IntrotoTwo‐PeriodModels

WilliamsonCh.9toFigure9.5

9

Two‐PeriodModels

WilliamsonCh.9afterFigure9.5

10

PolicyinTwo‐PeriodModels

WilliamsonCh.9afterFigure9.5

11

CreditinTwo‐PeriodModels

WilliamsonCh.10

12

ARealIntertemporalInvestmentModel

WilliamsonCh.11

 Note:Portionsofsomeofthechaptersmaybeskipped.Updateswillbeprovidedinclass.  AccessibleLearning: Students with disabilities or special needs are advised to contact Laurier’s Accessible LearningCentreforinformationregardingitsservicesandresources.  GeneralInformationRegardingDigitalTextbookAccess(DTA) YouareenrolledinaDigitalTextbookAccesscourse.Accesstothesedigitalmaterialsisfreefor thefirstweekofyourcourse(s).Youneedtooptoutoftheprogramifyoudonotchooseto 3 

accessthedigitalmaterialsoryouhavesourcedthematerialselsewhere.Ifyoudonotoptout oftheprogram,thechargeswillbeappliedtoyourLORISaccountandwillappearonthenext month’sinvoice.Youwillreceiveseveralemailsfromthebookstorewiththedeadlinedatesto opt‐out.  DTAOptOutDeadline:Sept.24,2021  AccessingMyLearningSpaceandDigitalTextbookAccess(DTA,fromPearson) 1. HowdoIlogintoMyLearningSpace(MyLS)? a. LogintoMyLSathttps://mylearningspace.wlu.ca.Thistakesyoutoasinglesign onpageforMyLSwhereyoucanenteryourcredentials,whicharethesameas thoseusedforwifiand(yourLaurier)email. b. InformationforLaurierstudentsisavailablehere: https://students.wlu.ca/services‐and‐spaces/tech‐services/accounts‐and‐ passwords.html. c. OnceloggedinthenscrolldowntoMyCourses d. Select“EC‐390‐A‐B‐IntermediateMacroeconII” e. ScrolltocontentbrowserforDTAresources&thee‐readerplatform PayingforandoptingoutofDigitalTextbookAccess,i.e.Pearson 1. DonotpayforaccesstotheresourcesonlinethroughthePublisherwebsiteasyour Laurierstudentaccountisalreadyautomaticallycharged. 2. BillingforDTAresources a. ThechargesfortheDTAresourceswillbebilledtoyourLORISAccountafterthe optoutdeadline b. ThechargesshowupasalineitemwiththecodeDBKandthechargeforthe resources(includingHST) c. ThechargestypicallyappearonyourLaurieraccountapproximately4weeks afterthestartofthetermandaninvoicepaymentdeadlineisincluded. 3. Optingout. a. PLEASEENSUREYOUCHECKYOUR@mylaurier.caemailregularlyduringthefirst 2‐3weeksofyourcourse. b. YouwillbesentaWelcomeemailoutlininghowtheDigitalTextbookAccess programworksapproximately1weekpriortothestartofclasses c. Oneweekpriortotheoptoutdeadlineyouwillbesentthefirstcommunication abouthowtooptoutifyoudonotwanttocontinueusingtheDTAresourcesor youhavesecuredtheresourceselsewhere. d. Onedaypriortotheoptoutdeadlineyouwillreceiveanothercommunication regardingtheoptoutprocessanddeadlines. e. Thecommunicationshaveanoptoutlinkembeddedintheemailsoitisas simpleasclickingonthislinkandselectingtheOPTOUToption.

4 

4. Ifyouhavequestionsaboutthisprocesspleaseemail[email protected].You mayalsocontacttheCourseMaterialsCustomerServicedeskintheBookstore. IntellectualProperty Theeducationalmaterialsdevelopedforthiscourse,including,butnotlimitedto, lecturenotesandslides,handoutmaterials,examinationsandassignments,andanymaterials postedtoMyLearningSpace,aretheintellectualpropertyofthecourseinstructor.These materialshavebeendevelopedforstudentuseonlyandtheyarenotintendedforwider disseminationand/orcommunicationoutsideofagivencourse.Postingorproviding unauthorizedaudio,video,ortextualmaterialoflecturecontenttothird‐partywebsites violatesaninstructor’sintellectualpropertyrights,andtheCanadianCopyrightAct.Recording lecturesinanywayisprohibitedinthiscourseunlessspecificpermissionhasbeengrantedby theinstructor.Failuretofollowtheseinstructionsmaybeincontraventionoftheuniversity’s CodeofStudentConductand/orCodeofAcademicConduct,andwillresultinappropriate penalties.Participationinthiscourseconstitutesanagreementbyallpartiestoabidebythe relevantUniversityPolicies,andtorespecttheintellectualpropertyofothersduringandafter theirassociationwithWilfridLaurierUniversity.  RecordingSynchronous(live)ClassSessionsStatement Synchronous(live)classsessionswillbedeliveredinthiscoursethroughavideo conferencingplatformsupportedbytheuniversity(Zoom).Stepshavebeentakentoprotect thesecurityoftheinformationshared.FormoreinformationaboutZoomandOffice365 (includingTeams),pleasevisitICT’sTechSupportandServicespage.  Classsessionswillberecordedwiththevideo,audioandtranscriptionmadeavailableto studentsinthecourseinMyLearningSpaceforthedurationoftheterm.Therecordingsmay captureyourname,imageorvoicethroughthevideoandaudiorecordings.Byattendingin theseliveclasses,youareconsentingtothecollectionofthisinformationforthepurposesof administeringtheclassandassociatedcoursework.Ifyouareconcernedabouttheuseor collectionofyournameandotherpersonalinformationintheclass,pleasecontactthecourse instructortoidentifypossiblealternatives.  Tolearnmoreabouthowyourpersonalinformationiscollected,usedanddisclosedby theUniversity,pleaseseeLaurier’sNoticeofCollection,UseandDisclosureofPersonal Information.  AcademicMisconduct Laurier is committed to a culture of integrity within and beyond the classroom. This culture values trustworthiness (i.e., honesty, integrity, reliability), fairness, caring, respect, responsibilityandcitizenship.AsaLaurierstudentyouareresponsibleforfamiliarizingyourself withthispolicyandtheaccompanyingpenaltyguidelines,someofwhichmayappearonyour transcriptifthereisafindingofmisconduct.Forinformationoncategoriesofoffensesandtypes ofpenalty,pleaseconsultLaurier'sacademicintegritywebsite.Ignoranceisnotadefense.Ifyou needclarificationofaspectsofUniversitypolicyonAcademicandResearchMisconduct,please 5 

consultyourinstructor.Softwarewillbeusedtocheckforplagiarismonassignments.Students will be required to submit their written work in electronic form to have it checked for plagiarism. 

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Resources:   AcademicCalendar:ReviewtheAcademicCalendarforinformationregardingall importantdates,deadlines,andservicesavailableoncampus.   WaterlooStudentWellnessCentre:519‐884‐0710,x3146.TheCentresupportsthe physical,emotional,andmentalhealthneedsofstudents.Locatedonthe2ndfloorof theStudentServicesBuilding,bookedandsame‐dayappointmentsareavailable Mondays,Tuesdays,andWednesdaysfrom8:30amto7:30pm,andThursdaysand Fridaysfrom8:30amto4:15pm.ContacttheCentreatx3146,[email protected]or @LaurierWellness.Afterhourscrisissupportavailable24/7.Call1‐844‐437‐3247 (HERE247).   Good2Talkisapostsecondaryschoolhelplinethatprovidesfree,professionaland confidentialcounsellingsupportforstudentsinOntario.Call1‐866‐925‐5454or through2‐1‐1.Available24‐7.   WaterlooFootPatrol:519.886.FOOT(3668).FootPatrolisavolunteeroperated safe‐walkprogram,availableFallandWinterdailyfrom6:30pmto3am.Teamsof twoareassignedtoescortstudentstoandfromcampusbyfootorbyvan.   WaterlooStudentFoodBank:Allstudentsareeligibletousethisservicetoensure they’reeatinghealthywhenoverwhelmed,stressedorfinanciallystrained. Anonymouslyrequestapackageonline24‐7.Alldietaryrestrictionsaccommodated.   MathematicsandStatisticsLearningSupport(MaSt):MaStoffersdiagnosticand reviewservicestorefreshyourknowledgeinfundamentalmathskills.Support includesweeklyhomeworksessionsanddrop‐inhelp.Allstudentsareeligibletouse thisservice.OfficeLocation:P215,PetersBuilding(Waterloo). 

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