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COURSE OUTLINE: ECON-1002 Principles of Macroeconomics |
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Dates
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TOPICS |
READINGS AND ASSIGNMENTS Acrobat
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Week 1 January 4 – 7 |
Macroeconomics:
The Big Picture GDP and the CPI: Tracking the Macroeconomy |
Text: Chapters 6 and
7 Chapter 6 Lecture – Macroeconomics: The Big Picture (PPT) Chapter
7 Lecture - GDP AND THE CPI: TRACKING
THE MACROECONOMY
(PPT) LinkS: Bureau of Economic Analysis Qatar National Planning Council Videos: Classical versus
Keynesian Economics Microeconomics and
Macroeconomics The Business Cycle Problem Set 1 – Due January 21 (Available
in Canvas under Assignments) |
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Week 2 January 11 - 14 |
GDP and the CPI: Tracking the Macroeconomy cont'd |
Text: Chapter 7 Chapter
7 Lecture - GDP AND THE CPI: TRACKING
THE MACROECONOMY
(PPT) GDP
Deflator CPI Example LinkS: BEA GDP Data GDP Per Capita Data Videos: Real and Nominal GDP Limitations of GDP What is GDP? |
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Week 3 January 18 - 21 |
Unemployment and Inflation |
Text: Chapter 8 Chapter 8 Lecture –uNEMPLOYMENT AND INFLATION
(PPT) Nominal vs. Real interest
Rates LinkS: Bureau
of Labor Statistics CPI Inflation
Calculator Inflation
Rates Around the World Labor Force
Characteristics Qatar
Unemployment Rate State
Unemployment by Race and Ethnicity
Videos: How to Calculate the
Consumer Price Index (CPI) and Inflation Rate Understanding Unemployment Living With Nearly 100%
Inflation Problem Set 2 – Due February 4 (Available in Canvas under
Assignments) |
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Week 4 January 25 - 28 |
Long-run Economic Growth Study Guide Exam 1 (PDF) |
Text:
Chapter 9 Chapter
9 Lecture –LONG-RUn ECONOMIC GROWTH (PPT) LinkS: Real
GDP Growth Global
Stars: The Most Innovative Countries, Ranked by Income Group Videos: Benefits and Costs
of Economic Growth Economic Growth and
Development - A Comparison |
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Week 5 February 1 -
4 |
Long-run Economic Growth cont'd CATCHING-UP TIME AND REVIEW FOR EXAM |
Text:
Chapter 9 |
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Exam 1 (Thursday, February 5, from 3:30 PM to 4:45 PM) (Covers Chapters 6, 7, 8, 9) |
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Week 6 February 8 – 12 Feb. 10 (no class)-
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Savings, Investment Spending, and the
Financial System |
Text:
Chapter 10 Chapter
10 Lecture - Savings, Investment Spending, and the
Financial System
(PPT) Videos: How the Stock Market Works in 5 Minutes Loanable Funds Overview of Financial System |
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Week 7 February 15 - 18 |
Savings, Investment Spending, and the Financial System cont'd Income and Expenditure
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Text:
Chapters 10 and 11 Chapter
10 Lecture - Savings, Investment Spending, and the
Financial System
(PPT) Chapter 11 Lecture - Income and Expenditure (PPT) Understanding
the Multiplier Problem Set 3 Due March 4 (Available in Canvas under Assignments) |
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Week 8, Sunday, February 22, 2026 – Thursday, February 26, 2026 Spring
Break, No Classes |
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Week 9 March 1 - 4 |
Income and Expenditure Cont’d Aggregate Demand and Aggregate Supply (Practice Graphs) |
Text:
Chapters 11 and 12 Chapter 11 Lecture - Income and Expenditure (PPT) Understanding
the Multiplier Chapter
12 Lecture - Aggregate Demand and
Aggregate Supply (PPT) Videos: Aggregate
Demand Aggregate
Supply Shifts
in Aggregate Supply and Demand Problem Set 4
– Due March 17 (Available
in Canvas under Assignments) |
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Week 10 March 8 - 11 |
Aggregate Demand and Aggregate Supply cont'd Fiscal
Policy Study Guide Exam 2 (PDF) |
Text:
Chapters 12 and 13 Chapter
12 Lecture - Aggregate Demand and
Aggregate Supply (PPT) Chapter 13 Lecture - Fiscal Policy (PPT) Video: Fiscal
Policy |
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WEEK 11 March 15 - 18 |
Fiscal
Policy cont'd CATCHING-UP TIME AND REVIEW FOR EXAM |
Text: Chapters 13 and 14 |
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Exam 2 (Thursday, March 19, from 2:00 PM to 3:15 PM) (Covers Chapters 10, 11, 12, 13) |
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Sunday,
March 22 - Tuesday, March 24, 2026 Eid
Al fitr break – no classes |
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WEEK 12 March 25 (Sunday
Schedule) |
Money,
Banking, and the Federal Reserve System |
Text: Chapter 14 Chapter
14 Lecture- Money, Banking, and the Federal Reserve
System (PPT) Videos: Functions
of Money M1 & M2 Money Supply Banks
and the Banking System Money
Creation in a Fractional Reserve System Tools
of Monetary Policy (Video at bottom of page) Problem Set 5 – Due April 15 (Available
in Canvas under Assignments) |
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WEEK 13 March
29 – April 1 |
Money,
Banking, and the Federal Reserve System continued Monetary
Policy |
Text: Chapters 14 and 15 Chapter
14 Lecture- Money, Banking, and the Federal Reserve
System (PPT) Chapter 15 Lecture - Monetary Policy (PPT) Videos: Opportunity
Cost of Money Money
Market and FED Tools (Monetary Policy)
Monetary
Policy Monetary and Fiscal Policy
Additional Videos: Credit Crisis Explained Quantitative Easing
Explained Fear the Boom
and Bust Links: Federal Reserve
System Problem Set 6 – Due April 21 (Available
in Canvas under Assignments) – Not to be handed in. We will go over in class |
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WEEK 14 April
6 - 9 |
Monetary
Policy continued Inflation,
Disinflation, and Deflation |
Text: Chapters 15 and 16 Chapter 15 Lecture - Monetary Policy (PPT) Chapter
16 Lecture – Inflation, Disinflation,
and Deflation (PPT) |
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April 9 - Last Day to Withdraw from Courses with grade of W |
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WEEK 15 April 12
- 15 |
Macroeconomics: Events and Ideas Study Guide 3 (PDF) |
Chapter 17 Lecture
– Macroeconomics: Events and Ideas (PPT) Article: How Inflation Benefits the Wealthy And Harms the Working Class Videos: Videos: Long
run and Short run Phillips curves
Why Don’t We
Print More Money Macroeconomic
Schools |
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WEEK
16 April 19 - 22 |
Catching-up Time and Review |
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Exam Day April
28 |
Final
Exam |
Final Exam Schedule |
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