Introductory Macroeconomics

ECON 112/3.0

An introduction to macroeconomic analysis of the economy as a whole, including the determination of national income, the price level, interest rates, the money supply, and the balance of payments. The principles of monetary and fiscal policy are also examined.

Description

The purpose of the course is to introduce students to the basic analytical principles and tools of modern macroeconomics, and to illustrate how these can be used to help understand observed economic phenomena, contemporary economic problems, and government economic policies.

In particular, macroeconomics studies the determination of aggregate economic quantities, such as the level of national output (and its rate of growth), the level of total employment and the rate of unemployment, and the average price level and rate of inflation. Macroeconomics also examines how government policies influence the aggregate behavior and performance of the economy.

Evaluation

The final grade for the course is determined in the following manner:

Online Quizzes (3)30%
Written Assignments (best 1 of 2)10%
Final Exam60%

Topics

Microeconomic Foundations

Chapter 1
Chapter 2
Chapter 33 (pgs 842 - 855)
Chapter 3

Introduction to Macroeconomics

Chapter 19
Chapter 20

The Economy in the Short-Run

Chapter 21
Chapter 22 (incl. Appendix)
Chapter 23

The Economy in the Long-Run

Chapter 24
Chapter 25
Chapter 26

Money, Banking, and Monetary Policy

Chapter 27
Chapter 28
  Additional Topic from MyEconLab website:
  “Interest Rates and the Slope of the AD Curve”
Chapter 29

Macroeconomic Problems

Chapter 30
Chapter 31
Chapter 32

Open Economy Macroeconomics

Chapter 35

Course Resources

About SOLUS

SOLUS is Queen’s Student On-Line University System. You’ll have access to a SOLUS account once you become a Queen’s student. You’ll use SOLUS to register for courses, add and drop courses, update your contact information, view financial and academic information, and pay your tuition.

About MOODLE

Moodle is Queen's online learning platform. You'll log into Moodle to access your course. All materials related to your course—notes, readings, videos, recordings, discussion forums, assignments, quizzes, groupwork, tutorials, and help—will be on the Moodle site.

About Credit Units

Queen’s courses are weighted in credit units. A typical one-term course is worth 3.0 units, and a typical two-term course is worth 6.0 units. You combine these units to create your degree. A general (three-year) BA requires a total of 90 credit units.

Computer Requirements

To take an online course, you’ll need a good-quality computer (Windows XP/Vista/7, Pentium III, or Mac OS X 10.5, G4 or G5 processor, 256 MB RAM) with a high-speed internet connection, soundcard, speakers, and microphone, and up-to-date versions of free software (Explorer/Firefox, Java, Flash, Adobe Reader). See also Preparing For Your Course.

Dates/Deadlines

The deadlines for new applications to Queen’s are 1 April (for May summer term), 1 June (for July summer term), 1 August (for fall term), and 1 December (for winter term). All documents must be received by the 15th of the month following the deadline. You can register for a course up to one week after the start of the course. See also Dates and Deadlines.

Tuition Fees

Tuition fees vary depending when you start, your year, faculty, and program. Fees for 2014-15 first-year Distance Career Arts & Science Canadian students are as follows: for a 3.0-unit course, $605.31; for a 6.0-unit course, $1210.62. See also Tuition and Payment.

Grading Scheme

The information below is intended for undergraduate students in the Faculty of Arts and Science. Academic Regulations in other Faculties may differ.

Letter Grade Grade Point
A+4.30
A4.00
A-3.70
B+3.30
B3.00
B-2.70
C+2.30
C2.00
C-1.70
D+1.30
D1.00
D-0.70
F0.00

GPA Calculators
Have your SOLUS grade report handy and then follow the link to the Arts and Science GPA calculators.

How does this affect my academics?
See the GPA and Academic Standing page.

Follow the link above for an explanation of how the GPA system affects such things as the Dean’s Honour List, requirements to graduate, and academic progression.

Frequently Asked Questions on the Grading Scheme
Please follow this link to the FAQ's

Campus Bookstore

All textbooks can be purchased at Queen’s Campus Bookstore.

Non-Queen’s Students

All Queen’s Arts and Science Online courses are open to students at other universities. Before applying as a visiting student, request a Letter of Permission from your home university that states that you have permission to take the course and apply it to your degree. See also Apply.

Academic Integrity

Please see Queen’s policy statement on academic integrity for information on how to complete an online course honestly.