Econ 206: Macroeconomic Analysis. Sunday, Fall 2012. 8:20-11:00.

CLASS CANCELED 11/4

Announcement: MIDTERM POSTPONED

Econ 206: Macroeconomic Analysis. Sunday, Fall 2012. 8:20-11:00.

The material posted here is for: 

Econ 206: Macroeconomic Analysis
Fall 2012
Sunday 8:20 - 11:00 
Room PH154

As you probably noticed there is a direct link to this post on the right hand side of the blog. 

I can be reached at: andrew.a.bossie@gmail.com

Office Hours: Sunday:  7:00am to 8:20am and 11:30pm to 1:00pm

If I am not in the classroom (PH154) I will be in the adjunct office in the economics department: PH300B.  I will also usually be available after class. 

Syllabus


Slides and other course material

1. GDP and Employment
2.  Inflation and Inequality
      a.  Planet Money Podcast: How Fake Money Saved Brazil
3.  Intro to LR Growth and the LR model
4. Growth rates and Growth Accounting
5. The Short Run
6. The IS Curve
7. IS-MP

8. AS-AD


MIDTERM
Midterm Due 11/18
Midterm Data Set (Excel File)
Midterm Answers (Q1-Q4)

HERE is a post clarifying some confusion

FINAL
Due 12/21 at 12:00pm


Homework Assignments

RULES:
1. Must be handed in during class.

2. Must be stapled. Assignments not stapled will lose a letter grade 

3. You must answer all questions. Failure to answer one question will result in a check minus. Failure to answer more than one question will result in a zero.

4. Rules for Emailing homework assignments (emergencies only)

a. Must be a single, legible pdf or word document.

b. Must be time stamped before the beginning of class on the day it is due.

1.  Homework Assignment #1: Due 10/7
     a.  annual bea gdp data 1968-2011
     b.  annual bls data employed and unemployed 1968-2011
     c.  jan to jan bls CPI data 1968-2011
*I have gotten several emails about question #3.  The Jones textbook, page 54 may be helpful.  Also think about what nominal GDP is in the quantity theory of money.

2.  Homework Assignment #2: Due 10/28
          Homework #2 Question 3 Tutorial/Example (PPT file)





Homework Assignment #1 Answers:
PowerPoint Slides.
Excel Question 1:
68-82
98-11
Excel Question 2
Excel Question 3
Excel Question 4


Homework Assignment #2 Answers:
Homework Assignment #2 Question #3 (Excel)

3.  Homework Assignment #3: Due 12/9

Econ 215: Money and Banking. Sunday, Fall 2012; Sunday 1:00 - 3:40

CLASS CANCELED 11/4

Announcement: MIDTERM POSTPONED

The material posted here is for: 

Econ 215: Money and Banking 
Fall 2012
Sunday 1:00 - 3:40. 

Room PH154 

As you probably noticed there is a direct link to this post on the right hand side of the blog. 


I can be reached at: andrew.a.bossie@gmail.com


Office Hours: Sunday:  7:00am to 8:20am and 11:30pm to 1:00pm


If I am not in the classroom (PH154) I will be in the adjunct office in the economics department: PH300B.  I will also usually be available after class.  If you want to meet with me it is best to email me ahead of time to make sure I will be around.


FINAL
Due 12/21 at 12:00pm


Syllabus 


1.  The Price Level and Inflation

Homework Assignments:

Rules:
1. Must be handed in during class.

2. Must be stapled. Assignments not stapled will lose a letter grade 

3. You must answer all questions. Failure to answer one question will result in a check minus. Failure to answer more than one question will result in a zero.

4. Rules for Emailing homework assignments (emergencies only)

a. Must be a single, legible pdf or word document.

b. Must be time stamped before the beginning of class on the day it is due.

1.  Homework Assignment #1: Due 10/7
2. Homework Assignment #2: Due 10/14
3.  Homework Assignment #3: Due 10/28
4.  Homework Assignment #4: Due 12/9

Job Killing Government Spending

Gov Jobs:
http://economistsview.typepad.com/economistsview/2012/02/whats-wrong-with-this-picture.html

ARRA:
http://www.cbpp.org/cms/index.cfm?fa=view&id=3252

Potential Output

Some Links about Unemployment as Something Other than a Labor Surplus.

I brought up the idea very briefly in class that labor markets can be in equlibrium and we can still have what you would still call "too much" unemployment.  Here are a couple of people discussing the idea in more detail.

Dan Keuhn has a series of posts:
Micro-imperialism
A quick argument with someone who thinks wages are too high.

The blog Economic Thought (by way of Keuhn) uses graphs to illustrate the idea.

Finally, there is this:

http://noahpinionblog.blogspot.com/2012/02/lower-wages-can-be-good-thing.html
http://slackwire.blogspot.com/2012/02/noah-clue.html

I'm posting this exchange somewhat reluactantly.  I like that its a kind of "debate".  However, I think The Slack Wire side of it comes off as kind of hysterical.  There is too much good high level stuff in the post though, so just try to ignore the anger.

Class is Canceled Feb 19th.

CLASS IS CANCELED 2/19


Both Econ 206 and Econ 215 are canceled.  This is the third stomach flu in 6 months to attack my family.  I will not be at Queens College tomorrow, Sunday Feburary 19th.