Introduction MACROECONOMICS MACROECONOMICS Dr. Nimantha Manamperi.
BA 561 Global Issues and Macroeconomics Period 3 2016
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Transcript of BA 561 Global Issues and Macroeconomics Period 3 2016
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7/25/2019 BA 561 Global Issues and Macroeconomics Period 3 2016
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BA 561 Global Issues and MacroeconomicsCourse Outline
COURSE INFORMAION
!i"ision# Strategy & Business Economics erm$%eriod# Period 3
Ins&ruc&or# Juliana Rogo
Email: [email protected]
Phone: 604-8-0004
Sec&ion number# !0!" !0
Class mee&in' &imes#
Section !0!: #on-$ed % 8-!0am Section !0: #on-$ed % !0am - noon
Course dura&ion# Jan 4 Feb 12, 2016 Classroom loca&ion# '( !3
Course (ebsi&e# )))connectu*cca
COURSE !ESCRI)ION
The performance of a rm is related to the macroeconomic environment in which itoperates. In this course we will use economic theory to discuss and evaluate issuesand recent developments of main global economies.
The course is designed to provide a basic understanding of the macroeconomicsconcepts and analytical tools to develop a framework for analysing contemporarymacroeconomic policy challenges, macroeconomic issues such as business cycles,money, ination, interest rates, monetary and scal policy, wages, labor markets,productivity and growth, linking the macroeconomic theory to real world applicationsand dilemmas. Past and recent economic recessions, are interpreted in light of thetheory covered in the course.
*EARNING OB+ECI,ES
! +nderstand the elements o, long" medium and short-run er,ormance o, the economy andtheir imact on the roduct" la*or and ,inancial mar.ets
+nderstand the role o, monetary and ,iscal olicy in small and large economies3 /nterret discussions a*out the economy in the intelligent *usiness ne)s and aly critical
reasoning to such discussions
COURSE SRUCURE
Multiple teaching approaches are used including lecture notes, inclass practiceproblems, e!ercises and assigned readings "ll sessions are interactive.
ASSESSMEN
ourse grade )ill *e done according to the ,ollo)ing:
Mini-.ui//es 02
)ar&ici%a&ion 52
Macroeconomic )ro3ec& 42
Final Eam 52
o&al 12
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http://www.connect.ubc.ca/http://www.connect.ubc.ca/ -
7/25/2019 BA 561 Global Issues and Macroeconomics Period 3 2016
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BA 561 Global Issues and MacroeconomicsCourse Outline
ASSESSMEN !EAI*S
Preliminary Assignment
1o *e osted on the course )e*site 2onnect #ust *e comleted rior to ,irst class" rinted andhanded-in in lass ! /t )ill *e comuted in the articiation ortion o, the course
Mini-quizzes
uring the term" there )ill *e indi5idual in-class mini-ui77es that )ill ta.e lace at the end o, theclass" starting on the second class 1he goal o, the mini-ui77es is to .ee students in ace )iththe material and ro5ide the students and instructor uic. ,eed*ac. on learning the materialco5ered in class 1he assignments )ill imro5e the understanding o, the concets and helstudents reare ,or the ,inal eam
Class Participation
/t is imortant that students *ring their eerience and .no)ledge into the class Students areeected and encouraged to e,,ecti5ely articiate Particiation )ill *e comuted ,rom in-classarticiation assignments 1hese include in-class eercises relating real-)orld cases" dataanalysis and de*ates related to the toics addresses in the course Students are also eected toacti5ely engage in class discussions" raising oints and *uilding on oints raised *y their eers"as )ell as *ringing their eerience and .no)ledge to class Regular and unctual attendance isimortant
Macroeconomic Project
1he grou ro9ect )ill ,ocus on recent macroeconomic er,ormance o, main glo*al economies1he ro9ect goal is to ro5ide students )ith an in-deth analysis o, real-)orld data andmacroeconomic 5aria*les such as P" in,lation" de*t" interest rate" in5estment" echange rate"unemloyment" and eectations
Final Exam
1he eam )ill consist o, a com*ination o, multile-choice" short ans)er and ro*lems ,ocusing onthe theory and alications co5ered in class and assigned readings 1he eam is closed notes
OU*INE OF O)ICS
Class
1
Introduction, #urrent $conomic
%utlook, Preliminary "ssignment isdue. &'(anClass
2 Measuring the economy &)(anClass
3 The *oods Market ++(anClass
4
The inancial Market and the I-Mmodel +/(an
Class
5
The ederal 0eserve and theinancial #risis +1(an
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7/25/2019 BA 561 Global Issues and Macroeconomics Period 3 2016
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BA 561 Global Issues and MacroeconomicsCourse Outline
Class
6
The%pen economy, *uest -peaker
2&(anClass
7 The abor Market and "-3"4 25(anClass
8 i6uidity Trap and $conomic #risis 27(anClass
9
Money and Ination, -olow *rowthModel
&+eb
Class
10 *roup Presentations&/eb
COURSE RESOURCES AN! MAERIA*S
Readin' Ma&erials#
*ec&ure No&es &o be %os&ed on Connec&7 Macroeconomics8 Fi9&: Canadian Edi&ion ;5&: Edi&ion
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BA 561 Global Issues and MacroeconomicsCourse Outline
:ooming 9ntil It Burts, Pro>ect
-yndicate (uly 2&+'
O>ER INFORMAION
While ever a!!em"! #ill be ma$e !o kee" !o !hi% %che$ule, !he in%!ruc!or re%erve% !he ri&h! a! all!ime% !o make chan&e% in !he ma!erial !o be covere$ inclu$in& !he rea$in& ma!erial. 'he ()*+ice re%erve% !he ri&h! !o chan&e !he loca!ion an$ !ime o !he mo$ule. *$vance no!ice ochan&e% #ill be "rovi$e$ on onnec!.
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http://www.project-syndicate.org/commentary/robert-j--shiller-believes-that-recent-warnings-that-asset-prices-are-rising-dangerously-fast-may-be-correcthttp://www.project-syndicate.org/commentary/robert-j--shiller-believes-that-recent-warnings-that-asset-prices-are-rising-dangerously-fast-may-be-correcthttp://www.project-syndicate.org/commentary/robert-j--shiller-believes-that-recent-warnings-that-asset-prices-are-rising-dangerously-fast-may-be-correcthttp://www.project-syndicate.org/commentary/robert-j--shiller-believes-that-recent-warnings-that-asset-prices-are-rising-dangerously-fast-may-be-correct