Kirsten
Wandschneider
Assistant Professor of Economics and IPE
SCHEDULE OF READINGS:
Remember, you are responsible for reading the assigned chapters and articles before coming to class!
9/12: Introduction - What is Economics:
Baumol and Blinder, Chapter 1
9/14: The Economy: Myth and Reality: Baumol and Blinder, Chapter 2; Stiglitz, Chapter 1
9/19: Scarcity and Choice: Baumol and Blinder, Chapter 3
9/21: Supply and Demand: Baumol and Blinder, Chapter 4
9/26: Introduction to Macroeconomics: Baumol and Blinder, Chapter 5
9/28: Goals of Macroeconomic Policy: Baumol and Blinder, Chapter 6
10/3: In-class review
10/3: MIDTERM I: 7-10pm, WNS 207/208
10/5: Economic Growth: Baumol and Blinder, Chapter 7; Stiglitz, Chapter 2
10/10: Aggregate Demand and the Powerful Consumer: Baumol and Blinder, Chapter 8
10/12: Demand Side Equilibrium, Unemployment or Inflation: Baumol and Blinder, Chapter 9
10/17: Midterm Recess - no class!
10/19: The Multiplier with Variable Imports: Baumol and Blinder, Chapter 9, Appendix A and B
10/24: Supply-Side Equilibrium: Baumol and Blinder, Chapter 10; "The Crude Art of Policymaking." Economist Magazine. 12 June 2004.
10/26: Fiscal Policy: Baumol and Blinder, Chapter 11
10/31: Money and the Banking System: Baumol and Blinder, Chapter 12
11/2: Monetary Policy: Baumol and Blinder, Chapter 13; Stiglitz, Chapters 3&6
11/7: In-class review!
11/7: MIDTERM II: 7-10pm, WNS 207/208
11/9: The Debate over Monetary and Fiscal Policy: Baumol and Blinder, Chapter 14; Stiglitz, Chapters 7&8
11/14: Budget Deficits in the Short and Long Run: Baumol and Blinder, Chapter 15; Rivlin, Alice M. and Isabel V. Sawhill. "How to Balance the Budget." Brookings Institution Policy Brief #130. March 2004; Ferguson, Niall "Reasons to Worry" NYT June 11, 2006
11/16 The Trade-off Between Inflation and Unemployment: Baumol and Blinder, Chapter 16
11/21: Screening: PBS Frontline: The Secret History of Credit Cards, in class
11/23: Thanksgiving!
11/28: International Trade: Baumol and Blinder, Chapter 17; Brainard, Lael S. and Litan, Robert E. "Offshoring Service Jobs: Bane or Boon and What to Do?" Brookings Institution Policy Brief #132. April 2004
11/30: The International Monetary System: Baumol and Blinder, Chapter 18
12/5: Globalization - Debunking the Myths: Stiglitz, Chapters 9, 11, 12
12/7: Exchange Rates and the Macroeconomy: Baumol and Blinder, Chapter 19
Final Exam: Self-scheduled during exam week.