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    MECO 121-Principles of Macroeconomics - Course Outline

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    nabiha
    Grades will be determined by homework, quizzes, class participation, midterm and final exams, with the final exam counting for 40% of the overall grade; the midterm exam will be 120 minutes long and closed book/notes, and the final exam will also be 120 minutes and closed book/notes.

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    MECO 121-Principles of Macroeconomics - Course Outline

    Uploaded by

    nabiha
    83 views3 pages
    Grades will be determined by homework, quizzes, class participation, midterm and final exams, with the final exam counting for 40% of the overall grade; the midterm exam will be 120 minutes long and closed book/notes, and the final exam will also be 120 minutes and closed book/notes.

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    MECO 121-Principles of Macroeconomics- course outline

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    Grades will be determined by homework, quizzes, class participation, midterm and final exams, with the final exam counting for 40% of the overall grade; the midterm exam will be 120 minutes long and closed book/notes, and the final exam will also be 120 minutes and closed book/notes.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    83 views3 pages

    MECO 121-Principles of Macroeconomics - Course Outline

    Uploaded by

    nabiha
    Grades will be determined by homework, quizzes, class participation, midterm and final exams, with the final exam counting for 40% of the overall grade; the midterm exam will be 120 minutes long and closed book/notes, and the final exam will also be 120 minutes and closed book/notes.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 3

    GRADING BREAKUP AND POLICY

    Assignment(s):
    Home Work: 10%
    Quiz(s): 20%
    Class Participation: 5%
    Attendance:
    Midterm Examination: 25%
    Project:
    Final Examination: 40%

    EXAMINATION DETAIL

    Yes/No: YES
    Combine Separate: Combine
    Midterm
    Duration: 120 minutes
    Exam
    Preferred Date:
    Exam Specifications: closed books and closed notes

    Yes/No: YES
    Combine Separate: Combine
    Final Exam Duration: 120 minutes
    Exam Specifications: closed books closed notes
    Lahore University of Management Sciences
    COURSE OVERVIEW
    RECOMMENDED
    WEEK TOPICS
    READINGS
    Measurement and Structure of the National Economy Chapter 1, 2 (MK)
    Introduction
    National Income Accounting: The Measurement of Production,
    1 Income, and Expenditure
    Gross Domestic Product
    Detailed analysis of its components

    Aggregate Demand Chapter 9 (MK)


    Keynesian cross
    Consumption, Investment, Government Expenditure
    2,3,4,5
    Goods Market Equilibrium
    Fiscal Policy, Multiplier, Government budget deficit
    Derivation of the IS curve

    Money Chapter 9 (MK)


    Demand for and Supply of Money
    6,7
    Money Market Equilibrium
    Derivation of the LM curve

    General Equilibrium Chapter 10 (MK)


    Equilibrium interest rate and output
    Fiscal policy and crowding out
    Monetary policy
    Fiscal and Monetary policy mix
    Rule vs. Discretion and Taylor Rule
    Derivation of AD curve
    Long-run Aggregate supply curve
    Long-run Analysis of fiscal and monetary policy
    8,9,10

    The Open Economy Chapter 13 (MK)


    Exchange rate, Purchasing power parity, interest rate parity
    Keynesian cross in an open economy, Fiscal policy in open Economy
    IS-LM model in open economy and fiscal and monetary policies
    11,12

    Economic Growth Chapter 4 (MK)


    The Accumulation of Capital, Golden rule level of Capital
    Population Growth, Technological Progress
    13,14
    Saving, Growth, and Economic Policy
    Lahore University of Management Sciences

    TEXTBOOK(S)/SUPPLEMENTARY READING
    th
    Mankiw N. G. , Macroeconomics, 7 Edition (or earlier versions, Worth (MK))

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