Principles of Macroeconomics - ECON 1002
Georgetown
University Qatar
Spring 2026
Instructor: Dennis C. McCornac, Ph.D. Office: #0D27
Email: dm1231@georgetown.edu
Office Hours: Sunday
4:00 pm – 5:00 pm and Sunday and Tuesday, 1:15 pm – 2:15 pm (but may have to
attend a meeting). Also available by appointment and via Zoom conferencing. Please email me if you would like to meet on
Zoom
TA and TA Email: TBD
TA Office and
Office Hours: Will be made available in Canvas
OAS Economics Peer Tutors: Will be made available in Canvas
Course Description: This
course provides an introduction to macroeconomics. The
first part of the course explores how GDP, inflation, unemployment, and other
macroeconomic aggregates are measured in practice. The second part develops
analytical models of macroeconomic performance and growth in the long run. The third
part focuses on short-run (business-cycle) fluctuations and fiscal and monetary
policies.
Course
Outline: All information
is available on the course outline and on Canvas.
http://dcmccornac.com/AMacroeconomicsSpring2026/MacroSpring2026.htm
Textbook:
Krugman & Wells, Macroeconomics, 7th Edition,
MacMillan Learning, 2024. ISBN: ISBN:97813194159389
Course Requirements:
1.
Problem Sets: Six (6) problem sets will be assigned, each worth 5 points. One
problem set will not be graded. Thus, the total amount of points for
problem sets is 25. Working on problems is the only way to learn the
material in this course. The assigned problem sets
must be handed in by the due
date/time indicated for every assignment. Late work will not be accepted (do
not ask the TA to violate this rule).
2.
Exams: There will be two midterm exams worth 50 points each on the
date specified on the course outline. The
final exam is worth 65 points and will be cumulative. Make-up exams will only be allowed
for serious medical or personal problems, and documentation is required.
3. Attendance: You are expected to attend and participate in all class meetings. Attendance
is worth 10 points, and points will be deducted for poor attendance.
Grading Scale:
|
Method of Evaluation |
Points
Possible |
|
Problem Sets
(6) – Five (5) will be graded |
25 |
|
Attendance |
10 |
|
Exam
1 |
50 |
|
Exam 2 |
50 |
|
Final
Exam |
65 |
|
Total
|
200 |
Class Policies:
1. Electronics: Cellphone use is prohibited during class. Laptop use during class is
permissible for viewing course readings only. Surfing the internet, chatting,
or working on other projects is prohibited. I reserve the right to alter this
policy and ban laptop use entirely if conditions make it necessary.
2. Leaving Class: You are expected to NOT leave and
come back to class during the class period unless it is an emergency.
Honor System: Every student has the responsibility to abide by the
GUQ Honor System. Review it at
Suspected infractions of the
Honor System will be referred to the Honor Council. If
a student is found in violation, we reserve the right to award a failing grade
on the assignment or the course as a whole, in
addition to any sanction that the Honor Council and the Dean may apply.
Title IX &
Non-Discrimination:
As faculty at Georgetown
University, we are committed to our responsibilities under Title IX, as well as
the University’s non-discrimination policies.
For details of University policies, please
refer to the following links:
https://titleix.georgetown.edu/#
https://www.qatar.georgetown.edu/campus-life/title-ix
https://bulletin.georgetown.edu/regulations/antidiscrimination
AI Policy:
Trying to prevent the use of AI if one wishes to do so is perhaps a futile
effort. However, following university policy, it is, as always, the students’
responsibility to be sure that they are following the rules laid out by their
professor. My rule is that, as with all source material, this applies both to
work taken directly from the AI generator and to work that has been paraphrased
before being used in coursework. If you didn’t generate the words yourself, say
so by quoting and citing the source; if you generated the words but not the
content and ideas, say so by citing the source.” (Georgetown Honor Council’s
Standards of Conduct Policy, 2023)