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Macroeconomics
Fall 2005
This course is the first of a two-semester graduate level study of the theory of macroeconomics. The objective of
this course is to introduce the fundamental concepts of macroeconomic analysis. In addition to advanced
materials, some intermediate topics are incorporated at a rigorous level. The goal is to understand these materials
graphically, intuitively, and mathematically.
Grading Procedure:
The grade for this course depends on the student's performance in the following:
(1) 30% First Mid-term, September 21, 2005
(2) 30% Second Mid-term, October 26, 2005
(3) 30% Final exam, November 30, 2005
(4) 10% Others: Homework, Attendance, etc.
- If the answers of any homework are more than one page, homework should be stapled. Unstapled
homework will not be graded.
- Except for the exam schedule, the following course outline may be changed according to the need of
the class perceived by the instructor.
- If the University is closed, e.g. due to bad weather, any scheduled mid-term exam will be delayed to
the next class period automatically and final exam will be delayed to the next day.
RequiredTexts:
Mankiw, Gregory, Macroeconomics, 5th ed.
Romer, David, Macroeconomics, 2nd ed.
Notes of Dr. Ronald Balvers.