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ECO 120: Global Macroeconomics

Fall 2015


Course Information


Instructor:
James Murray, Ph.D.
Office: 403T Wimberly Hall
Phone: 608-406-4068
E-mail: jmurray@uwlax.edu

Office Hours
Office Hours Appointments generally available at the following times:
    8:30 AM - 2:00 PM Monday
    2:15 PM - 4:15 PM Tuesday / Thursday
    8:30 AM - 11:30 AM, 1:00 PM - 3:00 PM Wednesday
    8:30 AM - 11:30 AM Friday
Click here to make an office hours appointment

Syllabus (PDF)
Login to D2L


Practice Problems


Practice Exam 1
Practice Exam 2
Practice Homework Problems


Unit 8: Market for Money and Monetary Policy


Reading:

  • What is money: Module 23
  • Federal Reserve System: Module 27
  • Market for money: Module 28
  • Monetary policy: Module 31

Class notes: Slides, Printer Friendly Version

Pencasts on Market for Money


Unit 7: Short-run Model Aggregate Supply / Demand


Reading:

  • Expenditure multiplier: Module 16, ignore pages 161-164
  • Aggregate demand: Module 17
  • Aggregate supply: Module 18
  • Equilibrium and policy: Modules 19 and 20

Class notes: Slides, Printer Friendly Version
In-class Exercise on the Expenditure Multiplier Model

Pencasts on Expenditure Multiplier
Pencasts on Aggregate Supply and Aggregate Demand


Unit 6: Economic Growth


Reading: Modules 37 and 38.
Class notes: Slides, Printer Friendly Version
In-class Exercise on Economic Growth


Unit 5: Markets for Factors of Production


Reading:

  • Labor Markets: Hubbard and O'Brien, pages 500-510, available on D2L
  • Module 29, pages 277-282
Class notes: Slides, Printer Friendly Version

In-class Exercise on Labor Markets
In-class Exercise on Loanable Funds Markets

Pencasts on Loanable Funds Markets


Unit 4: Measuring the Aggregate Economy


Reading:
  • Gross domestic product: Module 10 (pages 106-110) and Module 11
  • Unemployment: Module 12 and 13
Class notes:

In-class Exercise on Measuring GDP and prices
In-class Exercise on the BLS Employment Situation Exercise, BLS October 2, 2015 Employment Press Release

Pencasts on Measuring the Macroeconomy


Unit 3: Exchange Rates


Reading: Module 42
Class notes: Slides, Printer Friendly Version
In-class exercise on Exchange Rates
Pencasts on Markets for Currency


Unit 2: Supply and demand


Reading:

  • Demand: Module 5
  • Supply: Module 6
  • Equilibrium: Module 7
Class notes: Slides, Printer Friendly Version
In-class exercise: Equilibrium exercises
Pencasts on Supply and Demand

Homework Writing Assignment on the Market for Florida Orange Juice Due Wednesday, Sept 30 by 11:59pm to the appropriate D2L dropbox folder.


Unit 1: Introduction to Economics and Production Possibilities


Reading:

Class notes: Slides, Printer Friendly Version
In-class exercise on Production Possibilities in Mali
Pencasts on Production Possibilities and Computing Opportunity Costs